Motor Trader

FEBRUARY 26, 2025

Arranging motor finance is the biggest bugbear for customers when it comes to buying a car. Dealers can take the pain out of the process by ensuring their online experience includes finance calculators and part exchange valuation tools.

Finance 66

Finance Buyer Women Dealerships 66

AutoSuccessOnline

DECEMBER 23, 2024

Bob and Brian discuss APC s post-sale service contract program, which aims to offer service contracts to customers who either declined them during the finance process or are using the dealership’s service department without one. In this Executive Spotlight interview, Bob Seal of APC speaks with AutoSuccess Brian Ankney.

Sales 98

Sales Repairing Finance Dealerships 98

Motor Trader

OCTOBER 8, 2024

Close Brothers Motor Finance (CBMF) has appointed John Cassidy as managing director – sales. Cassidy has held a number of senior roles at CBMF, including head of sales and operations across all sales divisions, and latterly, director of commercial partners overseeing its broker and commercial partner proposition.

Finance 105

Finance Sales Retail Development 105

Carscoops

MARCH 6, 2025

The scammer posed as a French dealer, offering the nonexistent hypercar for sale. Rogers, playing the part of an exclusive dealer, claimed to have an allocation for sale. Revolve CEO Michael Mente lost $5.4M after falling for a fake Mercedes-AMG One deal. Mente learned of the scam when Homeland Security revealed his payment was stolen.

Sales 106

Sales Banking Deal Finance 106

Motor Trader

NOVEMBER 6, 2024

Its dashboards provide updates on critical information about all aspects of an automotive business including CRM, sales, service, parts and finance. Sharman said: “The AutoBI team are excited to become part of Bumper and support its growth in the UK and Europe as the leading finance platform for car retailers.

Retail 115

Retail Finance Automotive Sales 115

Dealer World

DECEMBER 19, 2024

We are pleased to have completed the sale of Country Buick GMC and to represent Andy Budd in the sale of this desirable dealership, located in the wealthiest county in the country, said Gabe Robleto, Senior Vice President, Sell-Side Advisory at Kerrigan Advisors.

Sales 88

Sales Retail Banking Dealerships 88

Motor Trader

SEPTEMBER 13, 2024

The consumer car finance new business volumes grew in July 2024 by 1% compared with the same month in 2023. The consumer new car finance market reported new business by value in July 5% higher than in the same month in 2023, while new business volumes fell by 3%. “Recent data from the SMMT shows a 7.2%

Finance 104

Finance Banking Marketing Sales 104

Motor Trader

JULY 9, 2024

International financial services group Admiral is recruiting a network of UK dealers to boost its car finance business in the UK. Our vision is to build the best Car Finance business in the UK. It is looking for sales, underwriting, product, technology and operations staff.

Networking 111

Networking Finance Insurance Dealerships 111

Motor Trader

AUGUST 7, 2024

The consumer new car finance market reported new business by value in June 6% lower than in the same month in 2023, while new business volumes fell by 12%. The consumer used car finance market reported a fall in the value of new business in June of 13% compared with the same month in 2023, while new business volumes fell by 10%.

Finance 104

Finance Marketing Sales 104

Auto Alert

FEBRUARY 26, 2025

5 Outdated Sales Tactics That Are Costing You Customers Car shoppers have changedhas your sales approach? Stop using these five outdated dealership sales tactics that cost you deals, and learn what works. Here are five outdated sales tactics that might be costing you customers: 1. Be upfront with your pricing.

Customer 59

Customer Sales Finance Deal 59

AutoSuccessOnline

NOVEMBER 26, 2024

Customers often associate unsolicited calls with unwanted sales pitches or scams. Personalization and Customization: Texts can be tailored to a customer’s specific interests using data-driven insights, such as updates on a specific vehicle model or financing options. This approach sets a positive tone for the interaction.

Customer 95

Customer Finance Dealerships Sales 95

Best Selling Cars Blog

JANUARY 14, 2024

When it comes to parting ways with your financed car , the decision between trading it in or selling it privately can be a daunting one. In this guide, we’ll explore the intricacies of both trade-ins and private sales to help you make an informed decision. Private sales can take weeks or even months to finalize.

Finance 130

Finance Asking Price Dealerships Term 130

Carscoops

DECEMBER 31, 2024

More: Honda Dealer Faces $10,000 Fine Per Car Over Shady Sales Tactics The man at the center of it all is 27-year-old David Antonio Estrada, of Pasadena, but we’ll come back to him shortly. Journalists from KPRC Houston went to Estrada’s place of employment, Strawberry Road Auto Sales, seeking answers.

Management 122

Management Down Payment Insurance Finance 122

Motor Trader

JUNE 17, 2024

Over three-quarters of car buyers (76%) will consider dealer finance even though only half are comfortable with the process, according to MOTORS The research polled the views of over 2,000 in-market car buyers. This story continues at Only half of car buyers comfortable with dealer finance process Or just read more coverage at Motor Trader

Finance 105

Finance Buyer Women Marketing 105

Vanguard Dealer Services

MARCH 3, 2025

A key strategy to solve this leadership challenge is unifying your Sales, Finance and Insurance (F&I), and Service Departments. In a competitive marketplace where customer satisfaction is crucial, auto dealerships must evolve to stay ahead.

Insurance 52

Insurance Dealerships Sales Finance 52

Carscoops

SEPTEMBER 5, 2024

VW’s finance chief has warned that it only has “one, maybe two years” to turn the main Volkswagen brand around. Arno Antlitz spelled out the serious nature of VW’s situation to workers during a meeting at the firm’s Wolfsburg HQ, telling them sales wouldn’t return to pre-COVID levels.

Finance 131

Finance Automotive Sales Marketing 131

Motor Trader

OCTOBER 29, 2024

Legal firm MILS has issued guidance to dealers on motor finance Discretionary Commission Claims, a huge issue for the retail sector in the light of the Court of Appeal ruling. Train Your Team: Ensure that your sales and finance teams understand the importance of disclosure and can clearly explain commission structures to customers.

Finance 98

Finance Banking Retail Deal 98

AutoDealer Today

APRIL 5, 2024

NADA sees the trend continuing all year as inventories, incentives balance consumer finance woes.

Sales 147

Sales Finance 147

Motor Trader

FEBRUARY 17, 2025

The deal was advised on by Castle Square Corporate Finance and Freeths, with funding from Barclays. Following completion of the sale, Otley will remain as CEO alongside the rest of his senior management team, who will remain in post to oversee the company through the next stage of its growth journey.

Finance 94

Finance Repairing Manufacturing Deal 94

Motor Trader

MARCH 8, 2024

The consumer used car finance market in February saw its first growth in new business volumes in a year. The Finance & Leasing Association said the performance in the used sector was in stark contrast to the new market, which was in the doldrums. Overall, for February, the FLA said the consumer new car finance.

Finance 110

Finance Retail Marketing Sales 110

Dealer World

DECEMBER 16, 2024

We are honored to continue to support the Bohn family, this time in the sale of their Hyundai Genesis dealership, a transaction that, again, underscores the enduring strength of the auto retail market in the South, said Gabe Robleto, Senior Vice President, Sell-Side Advisory at Kerrigan Advisors. Home to over 1.2

Automotive 88

Automotive Retail Sales Dealerships 88

CarExpert

JULY 23, 2024

Using finance to buy a car is very common in Australia, and it’s just as common to need to sell a car that still has money owing on it. If you can’t do any of this and are relying on the sale of the car to directly pay off the loan, keep reading. Let any buyers know that the car is under finance and you’ve got everything under control.

Finance 96

Finance Banking Buyer Term 96

CarExpert

JANUARY 21, 2025

Cupra’s most popular model in Australia, the Formentor SUV, has received financing and drive-away pricing discounts as part of the Spanish brand’s Obsesin sales event. The offer covers three variants of the model year 2024 (MY24) range. 100s of new car deals are available through CarExpert right now. Browse now.

Finance 98

Finance Deal Sales 98

Motor Trader

OCTOBER 21, 2024

His prior achievements include leading six strategic international acquisitions and a significant private equity sale at Cawood Scientific, as well as driving financial growth and refinancing at Travel Counsellors. Hanson said: “I am delighted to join Evolution Funding.

Finance 105

Finance Banking Technology Management 105

CarExpert

JUNE 4, 2024

Kia is offering special financing deals on the most expensive models in its electric EV6 range for the end of the financial year. From now until June 30, 2024, certain customers can access a 3.99 per cent per annum comparison rate and a 2.50 per cent per annum effective interest rate on the EV6 GT-Line AWD and GT.

Deal 113

Deal Finance Term Customer 113

Motor Authority

FEBRUARY 9, 2025

Due to slowing EV growth, Porsche is now focusing on developing additional gas and plug-in hybrid models Costs associated with the development have led Porsche to cut its profit forecast for 2025 Porsche may terminate the contracts early for the bosses of its finance and sales divisions Porsche has warned that its 2025 profits will take a major.

Finance 212

Finance Development Sales 212

Motor Trader

NOVEMBER 12, 2024

Paul Burgess, CEO at Startline Motor Finance, said: “The research suggests overwhelmingly that dealers are seeing a link between electric cars and fuel pump pricing. The research shows that 52% say the correlation between petrol prices and consumer interest in EVs is “significant” while 47% believe there is “some” impact.

Finance 103

Finance Technology Marketing Sales 103

Carscoops

SEPTEMBER 5, 2024

The goal is to boost EV sales, following a massive drop in recent months. More: VW Has “One, Maybe Two Years” To Save Brand, Finance Boss Warns Furthermore, the price cap for tax benefits on EVs has been increased from €70,000 ($77,697) to €95,000 ($105,446). H/T to Marko!

Sales 145

Sales Finance Marketing 145

AutoDealer Today

FEBRUARY 15, 2024

Wolters Kluwer index shows rate across lender e-contracting and securitized markets mirrors the resilience of the year's broader auto sales performance.

Finance 130

Finance Sales Marketing 130

AutoDealer Today

AUGUST 1, 2024

Finance and Insurance forms a pivotal component of the retail automotive industry, operating at the intersection of financial services and consumer protection. As the industry evolves, the role of F&I in shaping customer experiences and driving dealership profitability becomes increasingly significant.

Insurance 130

Insurance Sales Retail Finance 130

Motor Trader

MARCH 3, 2025

” The vehicles will be part of the Fleet & Finance sale events which will feature a range of vehicle types. ” Aston Barclay launched its new sales programme on 3 February which entails 12 weekly sales across fleet, dealer, and commercial categories. .

Finance 98

Finance Buyer Sales Customer 98

Carscoops

SEPTEMBER 17, 2024

To attract buyers, Jeep now offers price cuts, incentives, and 0% financing options. Despite its strong presence, the brand has faced a harsh reality— five consecutive years of declining sales. The slide continued into 2024, with sales dropping another 9% in the first half of the year. One major roadblock?

Sales 122

Sales Finance Buyer Marketing 122

Dealer World

FEBRUARY 24, 2025

Sale of highest volume dealership in Greensburg, PA, underscores growing success of Pittsburgh market, where Toyota is the top volume import franchise. The sale represents Kerrigan Advisors second Toyota franchise sold this year, and its 286 th dealership, 37 th Toyota franchise, and 21 st franchise in the Northeast sold since inception.

Automotive 75

Automotive Retail Sales Banking 75

Auto Alert

MARCH 13, 2025

Heres what first-time buyers wish dealers understood: The Buying Process Feels Overwhelming The sheer number of choicesmakes, models, financing options, warranties, and insurancecan be daunting for first-time buyers. Walking into a dealership, they may feel bombarded with information, jargon, and sales pitches they dont fully understand.

Buyer 59

Buyer Finance Dealerships Term 59

3 Brothers Autosale

JULY 30, 2024

Today, we will walk you through the process of finding the perfect used car for sale, from setting your budget to finalizing the purchase. If you don’t have enough cash to buy a car outright, consider financing options. If you’re financing the car, make sure you understand the terms of your loan and any associated fees.

Sales 130

Sales Insurance Banking Finance 130

Carscoops

JULY 18, 2024

Indiana regulators sent Honest Abe Auto Sales packing last week, accusing the used-car dealership of an array of deceptive practices. Honest Abe Auto Sales operates primarily as a buy-here, pay-here business in four different locations in Indianapolis. The dealer’s parent company, Sycamore Co.

Customer 119

Customer Sales Finance Dealerships 119

Carscoops

FEBRUARY 10, 2024

However, in December, the nation’s government abruptly decided to end the incentive program, and in the aftermath EV sales have cratered. Compared to December 2023, sales of new electric vehicles were down 54.9 percent, while sales of plug-in hybrids were down 19.6 percent in the first month of 2024. percent for gas, +9.5

Sales 135

Sales Financing Costs Finance Automotive 135