Autocar
MARCH 3, 2024
Stable used car values have become critical to new car sales in that they determine finance costs, so the continued weakness in EV prices is also hurting car companies as they look to increase the percentage of zero-emission cars they sell. Or they shore up those values by holding firm on pricing, losing them customers. “We
Jato
MARCH 21, 2024
The current BEV market in major European markets is dominated by larger conventional and SUV models; typically priced above €40K, and beyond the reach of the average private customer. However, this has not been enough to encourage private customer orders of BEVs, which have slumped by 50% year-on-year in January 2024.
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Canadian Auto Dealer
MAY 10, 2024
The event was emceed by Niel Hiscox, publisher of Canadian auto dealer , who also moderated panel discussions, fielded questions from attendees, and delivered a presentation on customer experience by the Clarify Group — an automotive consulting practice where he is president. They also see it as a means of cutting system distribution costs.
Canadian Auto Dealer
OCTOBER 1, 2024
Customer buying patterns have changed and the state of the nation today is weak. This is particularly challenging for dealers whose businesses run with tight profit margins and whose customers’ buying decisions heavily depend on credit. Pressure on Profit Margins Increased borrowing costs can erode profit margins.
Canadian Auto Dealer
JULY 29, 2024
Many Canadians, with 51 per cent just $200 away from monthly financial shortfall, find it increasingly difficult to manage car payments amidst a high cost of living. Elevated financing costs directly affect car sales, necessitating a crucial role for F&I managers.
Shawn Ryder
JANUARY 20, 2025
Potentially Lower Financing Costs: If the buyout price is lower than market value, financing could be less expensive. Advantages of Buying Out a Lease Ownership Freedom: By purchasing the lease, you own the vehicle outright, with no monthly payments after financing. Let’s delve into them.
Shawn Ryder
JANUARY 27, 2025
Many dealers are willing to work with customers to close the sale: Discount Offers: Inquire about any discounts or promotions that might be available. Increase Your Down Payment: A larger down payment can lower your monthly financing costs. Dont hesitate to discuss your financial constraints with the dealer.
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