Remove Deal Remove Financing Costs Remove Marketing
article thumbnail

Carwow to help dealers boost sales during September plate-change

Motor Trader

Carwow will launch a new marketing campaign to help boost retailers’ enquiries and sales during the September plate-change. A recent Carwow survey found half of consumers would like to see deals on new cars that are available for immediate delivery, while 34% would like to see deals on factory-ordered new cars.

Retail 106
article thumbnail

Find the Best Deal at a Used Car Dealership by Negotiation

MforceLA

Instead, you should negotiate to get a good deal. 8 Tips for Finding the Best Deal at a Used Car Dealership with Negotiation 1. This figure affects the interest rate you will receive on your auto loan and influences your financing cost. You will be better positioned to bargain a fair deal if you are more patient.

Deal 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inflation, interest rates continue to impact consumers, dealers

Canadian Auto Dealer

Pressure from inflation and interest rates continue to impact consumers and dealers through increasing vehicle and financing costs, along with higher fixed and compensation costs, respectively. On average, banks are lending 50% of goodwill values on most dealership buy-sell deals, requiring more cash upfront for transactions.

Banking 52
article thumbnail

Everything’s tightening up

Canadian Auto Dealer

Mid year check up for used car financing A s we navigate through 2024, the automotive financing landscape is heavily influenced by persistently high interest rates, significantly impacting the used car market. This financial strain has softened the used car market this June compared to last year.

Finance 52
article thumbnail

Packed house for biggest CADEX event ever

Canadian Auto Dealer

In terms of the market, he said vehicles are selling but economic weakness is undermining the affordability of personal mobility and the ability of governments to support the transition to EVs. The pace of change is being forced by regulators ahead of market demand.” Tongue covered all of that during his fast-moving presentation.

Retail 98