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Bargain or burden? The truth about buying a Fisker Ocean

Autocar

However, for those bold enough to seize the opportunity, this development opens up the prospect of bargains among the new and used examples available in the UK. A drop in the Ocean A PCP is the safest way to finance an Ocean, given that it guarantees a vehicle’s future value. We continue to monitor the situation.”

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

Shawn Ryder

Low Down Payment: A smaller down payment increases the likelihood of negative equity, particularly when combined with quick-loan financing. Understanding how negative equity can develop is crucial in deciding how to handle it when purchasing your next vehicle, whether to enhance your current finances or to invest in a newer model.

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F&I offices will have to adapt to EVs

Canadian Auto Dealer

EVs typically come with price tags that are thousands of dollars more than traditional vehicles, and this price increase could translate into more opportunity to pick up lender finance reserves. Similarly, the advanced technology and higher cost of EVs creates greater opportunity for products like GAP protection.

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Mastering the many faces of F&I

Canadian Auto Dealer

To confidently present finance and insurance products, business managers must be well-versed in the intricacies of extended warranties, GAP insurance and more. Developing these skills is about more than just following a script; it’s about being able to quickly develop genuine connections.

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10 Ways to Unleash the Potential of Your Dealership’s F&I Department

Autosoft

Reading Time: 5 minutes 10 Ways to Unleash the Potential of Your Dealership’s F&I Department April 11, 2024 Within automotive sales, the Finance and Insurance (F&I) department holds a crucial position, impacting both profitability and customer satisfaction.

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Unleashing the Potential of Your Dealership’s F&I Department

Autosoft

Unleashing the Potential of Your Dealership’s F&I Department March 25, 2024 Bryce Veon 7 mins read Within automotive sales, the Finance and Insurance (F&I) department holds a crucial position, impacting both profitability and customer satisfaction.