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Value of used cars sold on finance to fall 2% in 2025

Motor Trader

The value of motor finance in the used car market is set to fall 2% in 2025, according to the latest forecast from the Finance and Leasing Association. This will be offset by a rise of 5% in value of new cars sold on finance. Both markets saw growth in average advances compared with January 2024.

Finance 101
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Dodge Charger Daytona EV Shows Its New Colors As It Gets 0% Financing Deal For Some

Carscoops

While the jury is still out on whether Dodge jumped the gun and launched an all-electric muscle car before the market was ready, Stellantis has unveiled the four colors available at launch: Peelout (orange), Diamond Black, White Knuckle, and Bludicrous.

Finance 122
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Tesla Already Offers Model Y With 5-Year Zero-Interest Financing In China

Carscoops

While the financing deal is tempting, it does require a $10K down payment. The same five-year zero-interest financing deal is available for the Model 3. As such, it started offering a five-year, zero-interest financing option for the new Model Y. Unfortunately, this deal is only for China. Will The US Get The Same Deal?

Finance 78
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Buyers hesitant to use dealer provided car finance

Motor Trader

Half of buyers are hesitant with regards to using dealer provided car finance following last years Court of Appeal ruling on undisclosed commission payments, says Motors. Fifty-three per cent of the buyers p were aware of the issue surrounding car finance sales. This number rose to 59% for men and 63% of over 55s.

Finance 69
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FLA sees ‘challenging’ year ahead for motor finance

Motor Trader

Dealers can expect a challenging year for motor finance in 2025, according to the latest forecast from the Finance & Leasing Association (FLA). Last year motor finance business reached 38.9bn, a similar amount to 2023 but this year could be different with 60% of finance houses not expecting an increase in sales for the year.

Finance 59
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Arranging motor finance is biggest showroom pain for car buyers

Motor Trader

Arranging motor finance is the biggest bugbear for customers when it comes to buying a car. Our research reveals how uncomfortable many car buyers can be with the purchasing experience and how women are more anxious about the process than men, said Lucy Tugby, Marketing Director of Motors.

Finance 66
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Understanding How The U.S. Treasury Views The Use of AI in Auto Retail & Finance

Dealer World

Here are the central themes and proposed actions outlined in the report: AI in Financial Services: AIs increasing adoption in areas like underwriting, fraud detection, and customer service is modernizing auto finance operations. Without effective governance, these risks could undermine consumer trust and market stability.

Finance 75