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Why You Should Care About Good Credit Auto Financing?

3 Brothers Autosale

Considering the importance of good credit auto financing, let’s look at some valuable insights and tips for used car buyers looking to make a smart investment. Understanding Good Credit Auto Financing Good credit isn’t just a badge of financial honor; it’s your golden ticket to favorable auto financing.

Finance 100
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In it for the long haul

Canadian Auto Dealer

Being a steady partner pays off in the end for auto lending giant W hether it comes to your floor plan financing, or getting loans approved for vehicle buyers, being available and dependable for dealers is the name of the game when it comes to auto industry lending. Growing up I’ve always liked cars, finance and people.

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Carvana Now Applies $4,000 Used EV Tax Credit Instantly At Checkout

Carscoops

Buyers must meet income and other requirements to qualify for the credit. Consumers seeking pre-owned electric vehicle or plug-in hybrids in the United States can now benefit from a streamlined tax credit process offered by online used car retailer Carvana. Not all used EVs, PHEVs , and fuel cell vehicles will qualify for the credit.

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New tech can help dealers deliver good Consumer Duty outcomes, says iVendi.

Motor Trader

Most of the major providers in the motor finance market are switching to a risk-based pricing model. James Tew, CEO at iVendi, said: “We’re in a situation where four of the largest motor finance providers are moving to a risk-based model for some or all of their customers.

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90% of Auto Dealers/Lenders Link AI-based Pricing to Inaccurate Quotes

Dealer World

In fact, over 70% of respondents agree that having finance involved in the deal flow prior to the first pencil, digitally or otherwise, would improve the process for all parties. Only 43% said “payments tied to jurisdiction sales tax, license and registration fees,” PLUS actual customer pre-qualified to a specific lender decision.”

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Jeff Wyler Automotive Family Completes First 100% Online New Car Sale

AutoSuccessOnline

Our shoppers can buy a new car in less than 15 minutes, with the ability to get approved for financing, place their car in a shopping cart, and purchase their car 100% online,” said David Wyler, president of the Jeff Wyler Automotive Family. “We have pioneered the first new car transaction completed 100% online with WylerComplete.

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Automatic Forms Alliance with Karus

AutoSuccessOnline

Automatic , a fintech company facilitating connections between automotive lenders and independent, pre-owned vehicle dealerships, integrates fully with Karus. Automatic’s LOS offers lenders an unprecedented opportunity to view only pre-qualified loans based on their specific loan criteria.