Carscoops

FEBRUARY 10, 2024

“The weak economy, high financing costs and considerable geopolitical tensions are leading to a reluctance to buy on the part of both private individuals and companies,” Gall told the Wall Street Journal.

Sales 135

Sales Financing Costs Finance Automotive 135

Motor Trader

AUGUST 12, 2024

Allen concludes: “Lower financing costs are a positive step, but they won’t solve all of the market’s challenges overnight. It said OEMs continue to navigate the pressures of the Zero Emission Vehicle (ZEV) mandate amidst weak retail demand.

Financing Costs 104

Financing Costs Banking Retail Finance 104

Motor Trader

AUGUST 23, 2024

Multiple increases in interest rates through 2023 meant an additional 1.25% of financing costs on both our short and medium-term borrowings as well as our day-to-day inventory stocking facilities provided by our manufacturer partners.

Financing Costs 105

Financing Costs Retail Finance Manufacturing 105

Shawn Ryder

JANUARY 20, 2025

When it comes to acquiring a vehicle, consumers are often faced with a pivotal decision: should they buy out their lease or pursue traditional financing? This question is not just about numbers; it dives into personal finance, lifestyle choices, and future freedom with vehicle ownership. Let’s delve into them.

Finance 52

Finance Buyout Price Down Payment Lessee 52

Market Doctors

FEBRUARY 14, 2024

However, financing your dream car can sometimes feel like a daunting task, especially considering the high-end nature of these vehicles. Whether you’re considering a brand-new Maserati model or one of our carefully curated used vehicles, our team is here to ensure a seamless and transparent financing experience.

Finance 52

Finance Down Payment Financing Costs Modification 52

Jato

MARCH 21, 2024

With electric vehicle uptake continuing to be a hot topic for the automotive industry, we take a look at the latest Monthly Payment finance data to give our predictions on the trends we could see in 2024. Prediction #1: Big 5 European markets – Will high-costs for BEVs remain or decline in 2024 ?

Retail 111

Retail Finance Manufacturing Financing Costs 111

Motor Trader

MARCH 6, 2024

The cost-of-living crisis and cost of vehicles have influenced car purchase decisions, car fuel purchases and in some cases have even encouraged car sharing, according to new research from Close Brothers Motor Finance.

Finance 111

Finance Financing Costs Sales 111

Autocar

MARCH 3, 2024

Stable used car values have become critical to new car sales in that they determine finance costs, so the continued weakness in EV prices is also hurting car companies as they look to increase the percentage of zero-emission cars they sell. Those car companies are now torn.

Financing Costs 126

Financing Costs Finance Manufacturing Customer 126

CarExpert

JUNE 18, 2024

At the end of your lease period, you have the option of paying a balloon payment on the vehicle (that is the cost of the vehicle depreciated in alignment with the government schedule), refinancing the vehicle to continue paying a monthly rate or, in some circumstances, just handing the car back. This offer also won’t be around forever.

Balloon Payment 111

Balloon Payment Termination Fee Early Termination Fees Sales 111

Canadian Auto Dealer

JULY 25, 2024

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. That is according to DSMA’s Automotive Intelligence report covering the last quarter of 2023.

Banking 52

Banking Spread Financing Costs Finance 52

Shawn Ryder

JANUARY 27, 2025

Fortunately, there are several strategies to consider that can help bridge that gap without compromising your financing options or peace of mind. Exploring Your Options for Financing If you’re still short on funds, consider exploring various financing options that can help you obtain your vehicle.

Down Payment 52

Down Payment Banking Finance Financing Costs 52

Canadian Auto Dealer

MAY 10, 2024

Reuss said the honeymoon period after the pandemic, where dealers were achieving record profits, is now behind us and now we are back to the way the industry used to function pre-pandemic: rising OEM incentives, excess inventory, and higher financing costs for dealers carrying inventory.

Retail 98

Retail Banking Finance Manufacturing 98

Canadian Auto Dealer

JULY 29, 2024

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. Elevated financing costs directly affect car sales, necessitating a crucial role for F&I managers.

Finance 52

Finance Financing Costs Deal Management 52

Canadian Auto Dealer

OCTOBER 1, 2024

Higher Borrowing Costs Auto dealerships rely on loans from a variety of financial institutions to run their businesses. As interest rates rise, the cost of borrowing increases, which makes financing more expensive and reduces the amount of capital available in the financial system. This happens in a few different ways.

Management 52

Management Finance Financing Costs Customer 52

Jato

MARCH 21, 2024

With electric vehicle uptake continuing to be a hot topic for the automotive industry, we take a look at the latest Monthly Payment finance data to give our predictions on the trends we could see in 2024. Prediction #1: Big 5 European markets – Will high-costs for BEVs remain or decline in 2024 ?

Retail 52

Retail Finance Manufacturing Financing Costs 52

MforceLA

JULY 23, 2023

This figure affects the interest rate you will receive on your auto loan and influences your financing cost. If a dealership provides you with far better financing than your credit score warrants, you can recognize this as a warning sign. Know Your Credit Score Be conscious of your credit score before entering the dealership.

Deal 52

Deal Dealerships Finance Financing Costs 52

Canadian Auto Dealer

MARCH 1, 2024

Also, as vehicle production begins to ramp up, the automotive market is beginning to show signs of weakness with some brands offering large discounts and low interest financing with the goal of stimulating new vehicle sales for their brand.

Banking 52

Banking Retail Financing Costs Finance 52