Dealers United

FEBRUARY 10, 2017

Tax season can just as easily become “down payment season” if your dealership employs the correct digital strategy. As consumers start receiving their tax refunds, what are you doing to increase dealership sales this tax season?

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Carcloud Auto Group

FEBRUARY 16, 2025

Down Payment (if required) While not a document, having a down payment ready can speed up the process. Trade-In Documents (if applicable) If youre trading in a vehicle, bring the title, registration, and any loan payoff information. Our team will handle the appraisal and ensure you get the best value for your trade-in.

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Carscoops

JULY 22, 2024

Down payments for new vehicles have slightly decreased. An analysis from Edmunds reveals the average monthly payment reached an all-time high in Q2 2024 of $740, up $735 from the first quarter and $733 last year. A growing number of buyers are also taking on new-vehicle loans with monthly payments exceeding $1,000.

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MforceLA

JANUARY 30, 2024

When looking for used cars for sale, understanding the finance terms and conditions beforehand is crucial. One of the major factors that influence auto finance is the down payment. A lot of car dealerships would encourage you to put down a low down payment to save costs in the initial stage.

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Auto Remarketing

APRIL 17, 2024

The company bases its sales estimates on Live Market View data from its vAuto business unit. “As As we move into spring, sales for used vehicles typically rise and we saw that trend continue this year with strong demand,” Cox Automotive senior director of economic and industry insights Jeremy Robb said in the report. from January.

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Shawn Ryder

JANUARY 19, 2025

When considering the purchase of a newer vehicle, many individuals wonder whether they can use their paid-off old car as a down payment or trade-in at a dealership. Instant Credit: The dealership can apply the trade-in value directly to your down payment, which can lower your monthly payments on your new vehicle.

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Carscoops

OCTOBER 5, 2024

Monthly payment $736 $548 Amount financed $40,713 $28,097 APR 7.1 Down payment $6,619 $4,165 Data: Edmunds SWIPE Edmunds says 18.1 Monthly Payment $548 $567 $569 Amount Financed $28,097 $29,328 $29,665 APR 11.3 Down Payment $4,165 $4,110 $4,106 SWIPE Quarterly New-Car Finance Data (Avg) 2024 Q3 2023 Q3 2024 Q2 Term 68.8

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Carcloud Auto Group

JANUARY 11, 2025

Thats why we offer: Low Down Payments: Get started with minimal upfront costs. Located near Fredericksburg , our dealership specializes in helping customers find financing solutions tailored to their needs. Flexible Financing for Every Situation We understand that every drivers financial situation is unique.

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AutoSuccessOnline

JANUARY 22, 2025

The enhancements empower dealerships to more easily configure and efficiently manage the sales process, desk deals, streamline financing workflows and close sales more quickly. Sales managers can adjust all deal details including multiple down payment options and finance, lease and cash options in one view with just a few clicks.

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Carscoops

FEBRUARY 28, 2024

VW is also going to let eligible customers apply for the tax credit as a down payment on a new ID.4 4 by transferring the credit to a dealer. 4 is available in base, S, and S Plus trims, with an entry-level 62 kWh model coming in at $39,735 plus $1,425 destination and offering a modest 206-mile (332 km) range).

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Carscoops

NOVEMBER 8, 2024

Tesla now offers a Cybertruck lease for $999 monthly, requiring a $7,500 upfront payment. Skipping the down payment raises the monthly cost to $1,249, a safer choice for lessees. Speed-hungry truck buyers can lease the 830 hp Cyberbeast for $1,439 per month with no money down.

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Best Selling Cars Blog

JULY 30, 2024

State sales tax in Texas is 6.25% of the purchase price. For example, on a $20,000 loan at 5 percent for five years, this would work out to a monthly payment of about $377, and the total interest paid over its life would be approximately $2,600. New residents are required to pay a one-time new resident fee of $90.

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Carcloud Auto Group

JANUARY 11, 2025

Fredericksburg drivers can enjoy low down payments and flexible terms. Our inventory of used cars in Fredericksburg, VA is updated regularly to include the best options for every budget. Affordable Financing Options: We work with a variety of lenders to provide financing solutions that suit all credit types. No problem!

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Carscoops

AUGUST 7, 2024

More: Polestar 2 EV Lease Slashed To $299 With Down Payment Starting At $999 That sounds lovely and all but hours later, Elon Musk responded directly to posters about it to say that he had killed the deal. Auto sales were up in Taiwan overall during 2023 thanks in part to large government subsidies.

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Carscoops

MAY 20, 2024

” Read: Polestar 2 EV Lease Slashed To $299 With Down Payment Starting At $999 In late April, Polestar revealed it was delaying the publication of its fourth-quarter and full-year 2023 financial results for a second time and has not yet provided a date for when they will be published. Polestar has had a difficult start to 2024.

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Auto Remarketing

FEBRUARY 21, 2025

How do dealers get those consumers coming back not only for sales, but also for service and trade-ins? How does the dealer become more than a sales stop for this consumer? We need to look at some areas that may need to be adjusted: Sales process: Todays consumers spend, on average, 14 hours conducting research.

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Autocar

MAY 16, 2024

One way of keeping costs down while increasing performance in the affordable version, he believes, may be to cut weight and a development programme is already under way to explore ways of achieving this. We won’t stop with the GTD,” he said. “At At our best, we are an irreverent company.

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Carscoops

JUNE 8, 2024

This can be a significant amount, especially if you made a low down payment or financed your car for a long term. However, a seemingly minor 60-cent clerical error made by the dealer at the time of sale resulted in his claim being denied. When his SUV was recently declared a total loss, he expected his gap coverage to kick in.

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3 Brothers Autosale

DECEMBER 20, 2023

Consider making a larger down payment, which can further enhance your negotiating power and reduce the borrowed amount. Refinancing can lead to reduced monthly payments and overall savings, providing financial flexibility for other priorities. appeared first on West International Auto Sales.

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Autocar

SEPTEMBER 18, 2024

Model Ys are said to be piling up at Southampton docks The Model Y can be had on lease for £299 per month as the brand gears up for a strong end-of-quarter push September could be on course to be a record month for electric car sales in the UK after manufacturers, led by Tesla , increased the attractiveness of finance offers.

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AutoSuccessOnline

DECEMBER 4, 2024

While it’s been common practice to prejudge and dismiss someone who appears unlikely to secure financing, it can needlessly cost your dealership the sales it needs to meet its goals. Otherwise, these old sales methods will result in the continued and completely avoidable loss of a sale that one of your competitors will make instead.

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Carscoops

JANUARY 18, 2024

advertisement scroll to continue Read: Rivian Misses Q4 2023 Sales Target, Is 2024 Going To Get Even Worse? This translates to an estimated monthly lease payment of around $1,056 on a 36-month term. The good for lessees is that both the R1S and R1T qualify for a $7,500 tax credit under the clean vehicle program when leased.

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Jalopnik

SEPTEMBER 26, 2023

Starting next year buyers will be able to apply the EV Tax credit directly to the sale price of an EV. Dealers are starting to sweat. But as Automotive News reports, dealers are worried the government won’t pay them back in a timely manner. Read more.

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Carscoops

APRIL 17, 2024

One of seven development vehicles of the Hyperion XP-1 is offered for sale in excellent condition with minor flaws. In essence, buying the prototype is like a discounted down payment, assuming Hyperion delivers the hypercar as planned.

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Carscoops

MAY 17, 2024

Additionally, it could present an alternative to four-door coupes such as the BMW 4-Series GranCoupe and the Audi A5 Sportback, or even attempt to capture sales from traditional sports sedans. However, Ford aims to chart its own course, intending to offer a distinctly American take on performance that rivals Porsche’s renowned models.

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Cartime Super Center

MAY 31, 2024

However, buyers are still looking at hefty price tags and down payments. Car Dealer Incentives 101 Traditional dealer incentives are used by new car dealerships to boost sales of slow-moving inventory, make room for more desirable models, and other reasons. Still, they also know the down payment can be a deal breaker.

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Shawn Ryder

FEBRUARY 14, 2024

Introduction In the competitive world of auto sales, dealer incentives play a pivotal role in driving the sale of certain vehicle models. Offered by vehicle manufacturers to dealerships, these incentives aim to boost sales of new cars, trucks, and SUVs through various special offers.

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Shawn Ryder

JANUARY 18, 2025

Typically, when leasing, you’ll come across various requirements including credit checks, proof of income, and possibly a sign-on fee (often referred to as a down payment or capitalized cost reduction). This fee can reduce the monthly payments but is not always necessary. Some common lease terms are two to four years.

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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. Why Choose a $ 500 Down Payment? Look no further!

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AutoRaptor

APRIL 5, 2024

Furthermore, it’s vital to take into account your customer’s down payment capacity. A substantial down payment not only reduces the total loan amount but also signifies a higher level of commitment from the buyer. Furthermore, it’s beneficial to explore the concept of down payments with customers.

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Shawn Ryder

JANUARY 17, 2025

Understanding Negative Equity Negative equityoften referred to as being “upside down” on a loantypically manifests in specific scenarios: Rapid Depreciation: New vehicles can lose a significant percentage of their value in the first year of ownership, often around 20-30%.

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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. Start optimizing today and watch your sales grow!

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Dealer World

DECEMBER 10, 2024

A new wave of digital payment fraud has hit the auto industry hard, with a particularly nasty scheme targeting Chinese-speaking communities through WeChat. The Fraud Scheme That's Costing Millions "It started with what looked like a normal sale," recalls a compliance officer at a mid-sized dealership in Dallas.

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Autocar

MAY 17, 2024

The recently launched, Nürburgring-honed, £240,000, 800bhp GTD is a “down payment” on the model’s new direction, he explains, although the game plan is firmly to keep making enticing cars that are attainable. They don’t sell many, but they still think periodically ‘let’s do another one’ and launch something else.

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Carscoops

MAY 26, 2024

Today’s example of what appears to be that comes from Clay Cooley Hyundai of Mesquite who has a 2018 Sonata on sale. At the end of the sales page it has a disclaimer that says “Clay Cooley is not responsible for mispricing, typographical, data transmission, or any and all other errors that may appear on the site.

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Shawn Ryder

JANUARY 20, 2025

No Down Payment: Many leases allow for a buyout without the need for a hefty down payment. Consumers who opt for financing may explore new or used cars from dealerships or private sales. On the other hand, if you lean towards financing, explore all available options, as well as your potential monthly payments.

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Carscoops

NOVEMBER 18, 2024

As of this writing, Hertz has over a dozen Teslas on sale for under $30,000. On top of that, Tesla is currently offering a 0% APR financing deal for up to 60 months with a minimum down payment of 20%—and the $7,500 federal tax credit can be applied upfront, if eligible. The deals appear to be in that middle ground though.

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