Carscoops

APRIL 17, 2024

While there is no indication of a forthcoming market launch, an ‘ultra-rare’ development prototype of the Hyperion XP-1 will soon be offered in an online auction. In essence, buying the prototype is like a discounted down payment, assuming Hyperion delivers the hypercar as planned.

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Carcloud Auto Group

JANUARY 28, 2024

Affordable Auto Financing with a $500 Down Payment Are you in the market for a new car but worried about the upfront costs? With just a $500 down payment, you can be on your way to driving the car of your dreams. Transparent Terms and Competitive Rates When it comes to auto financing, transparency is key.

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3 Brothers Autosale

OCTOBER 4, 2023

You will have more buying power and more options if you choose a used commercial van; it’s also true that your long-term costs are also kept at a bare minimum. You have deprecation to thank for this market phenomenon, in that new vehicles will lose their value the moment you sign on the dotted line and take them home.

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Your Car Buying Advocate

DECEMBER 5, 2023

When you start leasing a vehicle, you must make a down payment. However, this down payment is significantly lower compared to buying a car outright. Lease terms may vary, encompassing mileage limit, specific vehicle models, geographical locations, employment history, and credit scores.

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Solera

JUNE 12, 2023

Lease-purchase Plan: This type of lease favors trucking entrepreneurs with bad credit or who lack the funds for a down payment. However, this leasing arrangement carries a high-interest payment. Try Sylectus today The post Start a Successful Trucking Business in Today’s Hot Consumer Market appeared first on Solera.

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Shawn Ryder

FEBRUARY 14, 2024

Low APR Financing: Special financing rates below standard market rates to make financing more attractive and affordable for buyers. Lease Specials: Attractive lease terms, including lower monthly payments or reduced down payment requirements, to encourage leasing over purchasing.

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Shawn Ryder

JANUARY 19, 2024

Introduction When you hear the word “equity,” you might think of it in terms of money or ownership. Vehicle equity refers to the difference between the market value of a vehicle and the amount of money owed on it. In simple terms, it is the value that you truly own in your car.

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Jazel Auto

JANUARY 18, 2023

Marketing | 3min Read DOOR’s Payment Calculator Don't forget to share this post! Now, with the built-in payment calculator, the DOOR tool can give customers added peace of mind. (See The calculator will automatically change to reflect the estimated monthly payment! See Image Below) And that’s it!

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Shawn Ryder

FEBRUARY 14, 2024

GAP Insurance, or Guaranteed Asset Protection Insurance, is designed to cover the difference between the current market value of your vehicle, as determined by your primary insurance company, and the outstanding balance on your loan or lease in the event your vehicle is totaled or stolen. What Is GAP Insurance?

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DealerTrack Insights

SEPTEMBER 11, 2023

GO DIGITAL TO SAVE TIME AND MONEY Digital retailing and online credit applications let your customers build and customize their dream ride and their deal terms, and apply for financing from your website, while digital menu technology helps buyers select aftermarket and F&I options with ease.

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Market Doctors

FEBRUARY 14, 2024

Throughout this comprehensive guide, you’ll gain valuable insights into essential financial aspects, such as costs, term lengths, interest rates, and residual values, as well as how purchasing a vehicle outright differs from leasing one. Doing so ensures your luxury car reflects your personal tastes and preferences.

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Shawn Ryder

OCTOBER 8, 2024

A Comprehensive Guide to VDP Automotive: Maximizing Your Dealership’s Online Presence In the ever-evolving world of automotive sales, understanding terms like “VDP” (Vehicle Detail Page) is crucial for dealerships striving to optimize their online presence. Pricing Information Transparency in pricing boosts trust.

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Carcloud Auto Group

DECEMBER 27, 2023

In a BHPH arrangement, the dealership typically has more control over the loan and repayment process, including setting the terms and interest rates. Customers may also be required to make weekly or bi-weekly payments at the dealership. Convenience: With BHPH financing, customers can purchase a car and make payments all in one place.

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Shawn Ryder

JANUARY 18, 2024

If you’re confused about the term “upside down” when it comes to car loans, don’t worry – you’re not alone! Being upside down on a car loan simply means that you owe more money on the loan than the car itself is worth. What Can You Do If You’re Upside Down on a Car Loan?

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Full Path

JULY 30, 2024

Explore 2024 automotive market and leasing trends, with strategies for dealerships to navigate economic pressures and boost profitability. As we moved into July, there were signs of recovery in the retail vehicle market. One promising approach is to focus on reducing monthly payments, which are crucial for many consumers.

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Shawn Ryder

SEPTEMBER 28, 2024

In environments of rising rates, lenders may be more cautious in their underwriting processes, tightening their criteria and requiring higher credit scores or larger down payments. This results in fewer financing approvals and may push some buyers out of the market altogether.

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MforceLA

JUNE 19, 2024

Financing solutions are available with terms and interest rates suitable for your budget. They will review the several financing alternatives you can access, including monthly payment schedules, interest rates, and loan terms. All dealerships aim to help you locate an affordable financing option that fits your budget.

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MforceLA

JUNE 19, 2024

Financing solutions are available with terms and interest rates suitable for your budget. They will review the several financing alternatives you can access, including monthly payment schedules, interest rates, and loan terms. All dealerships aim to help you locate an affordable financing option that fits your budget.

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AutoRaptor

APRIL 23, 2024

If you’re considering buying a car, you’ve probably come across the term “buy here pay here” dealerships. Secondly, these dealerships are often more lenient in terms of credit requirements, making it easier for individuals with low credit scores to get approved for a loan.

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Shawn Ryder

SEPTEMBER 14, 2024

Include tools such as: Payment Calculators: Allow customers to estimate monthly payments based on down payments and loan terms. Streamline the Financing Process Simplifying the financing aspect can minimize stress for buyers.

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MforceLA

SEPTEMBER 12, 2023

When you find yourself in the market for a pre-owned vehicle, deciding where to purchase it can be quite a problem. Indeed, whether the car you seek is fresh off the assembly line or has a few miles under its belt, this is a substantial investment, and securing a deal that promises long-term satisfaction is paramount.

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MforceLA

SEPTEMBER 11, 2023

When you find yourself in the market for a pre-owned vehicle, deciding where to purchase it can be quite a problem. Indeed, whether the car you seek is fresh off the assembly line or has a few miles under its belt, this is a substantial investment, and securing a deal that promises long-term satisfaction is paramount.

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Selly Automotive

NOVEMBER 16, 2023

The subtleness of the current market cannot be overstated. While there's an uptick in the subprime share and lengthening of average loan terms, suggesting improved consumer access to credit, the decrease in approval rates and the increase in down payment amounts introduce new hurdles.

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Your Car Buying Advocate

JULY 31, 2023

We’ll explain these terms in a way that’s easy to understand, so the next time you’re at the dealership, you’ll feel like a car-buying expert. MSRP and Invoice Price Let’s start by learning two important terms: MSRP and Invoice Price. In today’s market, dealerships are adding markup’s.

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Canadian Auto Dealer

FEBRUARY 27, 2024

People wanted it and absorbed the increase in monthly payments. If you look at the proportion of down payment Canadians are putting on a car, people are putting more money down.” He says consumers are “dipping their toes” into the EV market, but still want to have the capability of a gas-powered car.

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