article thumbnail

Negative equity in car – cover with down payment or use for newer vehicle?

Shawn Ryder

If you’re considering whether to apply your down payment toward covering negative equity or if you should use it for a newer vehicle, it’s essential to understand the implications of each choice. These losses can sometimes outpace the rate at which car owners pay down their loan balances.

article thumbnail

Four-door Ford Mustang super saloon in the pipeline

Autocar

Speaking exclusively to Autocar at the recent Goodwood Members’ Meeting – where he raced an Alan Mann-prepared Mustang V8 Notchback – Ford CEO Jim Farley claimed the Mustang is now “by far” the world’s best-selling coupé and has developed a huge body of followers worldwide. We won’t stop with the GTD,” he said.

Insiders

Sign Up for our Newsletter

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

article thumbnail

You Can’t Buy The 2,000HP Hyperion XP-1 Hypercar, But You Can Bid On A Prototype

Carscoops

One of seven development vehicles of the Hyperion XP-1 is offered for sale in excellent condition with minor flaws. Hyperion Motors has yet to unveil the production version of their XP-1 hypercar, which was originally announced in 2020 promising wild specs and the use of NASA-developed technology.

article thumbnail

COMMENTARY: Love is in the air, but is it real?

Auto Remarketing

Online sites now give them the information they used to receive at the dealership: Best price, trade-in evaluation, down payment and total payment. We need to look at some areas that may need to be adjusted: Sales process: Todays consumers spend, on average, 14 hours conducting research. appeared first on Auto Remarketing.

article thumbnail

Prejudging No-Credit Buyers is Costing You Deals

AutoSuccessOnline

They’ve developed platforms, technologies and methods that consider a complete set of factors, including completed education, savings, purchasing history, ability to pay bills, employment and future earning potential.

Buyer 52
article thumbnail

Media post: Long-Term Car Rentals vs. Buying – Which is the Better Option in 2024?

Best Selling Cars Blog

Monthly car rental Dubai service will provide more freedom and liberty in such a developed city. With no down payment and minimal initial expenses, rental services provide the means of transport you need. For one, you will never own the vehicle, and it will go back to the rental company.

Term 130
article thumbnail

How does downpayment plus loan work?

Shawn Ryder

Two key concepts that often come into play are down payments and loans. This guide will comprehensively cover the mechanics of down payments and loans, along with practical tips that can empower buyers and enhance dealership credibility. It also reduces the loan amount, resulting in lower monthly payments.