Canadian Auto Dealer

OCTOBER 1, 2024

Customer buying patterns have changed and the state of the nation today is weak. They impact their ability to borrow, manage cash flows and profit margins. This is particularly challenging for dealers whose businesses run with tight profit margins and whose customers’ buying decisions heavily depend on credit. Good luck.

Management 52

Management Finance Financing Costs Dealerships 52

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

Financing Costs 125

Financing Costs Finance Manufacturing Buyer 125

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.

Retail 98

Retail Banking Finance Manufacturing 98

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.

Finance 52

Finance Financing Costs Deal Management 52

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.

Down Payment 52

Down Payment Banking Finance Financing Costs 52

MforceLA

JULY 23, 2023

This figure affects the interest rate you will receive on your auto loan and influences your financing cost. If a dealership provides you with far better financing than your credit score warrants, you can recognize this as a warning sign. Know Your Credit Score Be conscious of your credit score before entering the dealership.

Deal 52

Deal Dealerships Finance Financing Costs 52