Car Examer

OCTOBER 20, 2024

Here’s a breakdown of the ways some car finance companies fail consumers—and how you can protect yourself. When it comes to buying a car, car finance is a popular choice for many people. It spreads out the cost, making it more manageable. However, not all car finance deals are as good as they seem.

Finance 59

Finance Repairing Extended Warranty Spread 59

Carscoops

SEPTEMBER 18, 2024

Experian’s State of the Automotive Finance Market report revealed the average interest rate for a new car jumped from 4.61% in 2022 to 6.84% in 2024. CNBC notes this is the first since 2020 and one that will benefit consumers in a number of different ways. Federal Reserve Bank of St.

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Car Examer

SEPTEMBER 17, 2024

Discover smart tips for financing your next car purchase in Australia. Fortunately for new car owners, most car dealers provide flexible payment terms to help you spread out your payments over time and make the repayment cost more reasonable. That said, you may feel overwhelmed by the array of financing options you can pick from.

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Finance Down Payment Spread Lease Payment 52

Shawn Ryder

MARCH 13, 2024

Finance in the automotive world can be a complex and daunting topic for many individuals. Understanding the various options available when it comes to purchasing a car through financing is crucial to making informed decisions. Types of Car Finance The various options available for financing a car purchase can be overwhelming.

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Finance Prepayment Penalties Balloon Payment APR 52

Shawn Ryder

JANUARY 24, 2025

Recently, allegations have surfaced suggesting that a finance manager in a prominent dealership may have acted dishonestly concerning these warranties. This blog will unpack this situation, explore the implications for both parties, and discuss what steps can be taken to ensure ethical practices within the automotive finance realm.

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Extended Warranty Finance Management Spread 52

Auto Alert

FEBRUARY 17, 2025

Nowadays, the vast majority of the research is done online, offering consumers the convenience of browsing, financing, and even purchasing vehicles from the comfort of their homes. Buyers can compare prices, read reviews, and complete financing applications without setting foot in a dealership. However, online car buying has drawbacks.

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Dealerships Finance Networking Spread 59

Dealer World

FEBRUARY 6, 2024

This culture champions ongoing learning and adaptability, ensuring that everyone, from the front desk to the finance office, is on top of the latest automotive trends and technologies. Miserable and negative people crave spreading their misery, but positivity spreads just as fast – if not faster!

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Carscoops

MARCH 14, 2024

In all, Volkswagen will launch a total of 30 new or updated vehicles spread across its many brands this year. While that’s less than it grew in 2023, the group’s finance chief, Arno Antlitz, said at a recent presentation of its finances that the group is “confident about 2024.”

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Autoleadstar

JANUARY 1, 2025

It could be an internal team (like finance or marketing) or an external audience (like loyalty clients or new prospects). Best regards, [Your Name] [Your Position] [Dealership Name] [Your Phone Number] [Your Website] P.S. Dont forget to ask about our current promotions and financing options that could make your purchase even more appealing!

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Automotive Dealerships Marketing Finance 52

Motor Trader

JULY 8, 2024

UK Finance*, the trade body for the banking and financial services sector, shows 49.8% Dealers can help car owners save over £100m in charges this year if they opt to pay for vehicle repairs using zero-interest monthly payments, according to Bumper. of credit card balances incurred interest in March, based on 346.3

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Buyer APR Spread Banking 64

Women Automotive Network

SEPTEMBER 24, 2024

What started as a temporary finance and administration position quickly became a full-time role due to my dedication and perseverance. This experience provided me with a comprehensive understanding of dealership operations, including vehicle sales, finance, and insurance.

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Women Retail Finance Spread 130

Motor Trader

DECEMBER 18, 2024

Close Brothers Motor Finance has raised over 4,500 for charity, BEN, by taking part in the Bangers4Ben rally. Close Brothers Motor Finance retail portfolio manager, Richard Hogarth-Asso, and senior underwriter, Shania Bamford, participated in the event. These vehicles are sold at auction with all proceeds going to BEN.

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CarExpert

MARCH 11, 2025

Its worth noting Mr Grecos estimation is based on an average EV cost of $60,000, spread across 100,000 novated leases. This can lead to significant savings, potentially amounting to thousands of dollars annually compared to purchasing a car outright or financing it with a loan. ”

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Motor Trader

MARCH 3, 2025

However, the research found dealers offering interest-free financing to spread the costs of bills were likely to have stronger customer retention rates, with 89% of respondents saying they were more likely to return to a dealer providing it as an option.

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Spread Repairing Finance Term 59

Davey Auto Sales

MARCH 25, 2025

How Do You Find Car Financing With Bad Credit? One of the most common questions we hear is, How do you find car financing with bad credit? One of the most common questions we hear is, How do you find car financing with bad credit? There is a nearly endless list of reasons why someone might have bad credit.

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Down Payment Spread Finance Buyer 52

Davey Auto Sales

MARCH 25, 2025

How Do You Find Car Financing With Bad Credit? One of the most common questions we hear is, How do you find car financing with bad credit? One of the most common questions we hear is, How do you find car financing with bad credit? There is a nearly endless list of reasons why someone might have bad credit.

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Down Payment Spread Finance Buyer 52

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. Seller’s expectations have not shifted at the pace (of) the market, causing an increased ask-sell spread,” said DSMA.

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Banking Spread Financing Costs Finance 52

Fladco

JANUARY 5, 2024

This demographic swell directly impacted the auto industry, as the spread of suburbia increased reliance on personal vehicles. Innovative approaches to financing and customer service began to emerge, as dealerships adapted to a competitive market where the choice and convenience of the buyer became paramount.

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Dealerships Networking Spread Finance 102

Car Examer

OCTOBER 29, 2024

Down Payment A down payment reduces the amount you need to finance, which lowers monthly payments. Monthly Loan Payments If you’re financing, the monthly payment amount depends on the loan’s term and interest rate. Explore Financing Options That Fit Your Budget Financing a car spreads out the cost, making it easier to manage.

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Down Payment Insurance Repairing Finance 59

Canadian Auto Dealer

FEBRUARY 2, 2024

It comes on the heels of a recent CAA Insurance news release expressing the company’s deep concern over the growing auto theft crisis spreading across the country. Around 9,600 vehicles were stolen in the Toronto area in 2022 — a 300 per cent increase from 2015, according to the Canadian Finance and Leasing Association (CFLA).

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Canadian Auto Dealer

JUNE 27, 2024

Some dealerships across North America have been forced to resort to manual and paper-based systems to sell and finance vehicles. Usually it starts internally and spreads from there, and they find a weakness in your system,” said Wyant. “I I know what we had to go through just to get to the finish line and it’s frustrating as hell.”

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Motor Trader

JULY 16, 2024

Transparent pricing and financing options: Be transparent about the pricing of your products and offer clear financing options if applicable. Some customers will be more likely to purchase if they can spread the cost over time. Customers often respond well to seeing and touching what they are considering purchasing.

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Canadian Auto Dealer

JANUARY 23, 2024

New approaches such as online car-buying, servicing initiated through an app, and new features and recalls carried out over-the-air are now spreading across the industry and providing more opportunities for tech companies, said IDTechEx in its news release. “In

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Davey Auto Sales

MARCH 25, 2025

How Do You Find Car Financing With Bad Credit? One of the most common questions we hear is, How do you find car financing with bad credit? One of the most common questions we hear is, How do you find car financing with bad credit? There is a nearly endless list of reasons why someone might have bad credit.

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Down Payment Spread Finance Buyer 40

Fladco

APRIL 3, 2024

The Corolla, with a legacy beginning in 1966 and production facilities spread across North America, has evolved to meet the modern driver’s needs while maintaining its hallmark of industry-leading safety ratings and an MSRP starting at $22,050.

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AutoSuccessOnline

OCTOBER 25, 2024

With economic forecasts indicating additional rate reductions following the Fed’s recent decision to begin lowering, the auto finance industry is preparing for a likely uptick in refinancing demand. As we approach 2025, auto lenders are keeping a close eye on the reduction of interest rates.

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Finance Spread Electronics Technology 52

Shawn Ryder

FEBRUARY 6, 2024

This article delves into the latest consumer purchasing trends, financing preferences, online car shopping behavior, and the key factors influencing their decision-making process. Financing Preferences Financing has become a pivotal aspect of purchasing a vehicle.

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Automotive Finance Spread Dealerships 40

Turbo Marketing Solutions

JUNE 13, 2024

They might want to compare models, look at customer reviews, or find information about financing options. Think of PPC as the signage outside your dealership – it grabs attention and directs people inside, while SEO is akin to word-of-mouth recommendations spreading quickly through satisfied customers.

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Automotive Finance Dealerships Customer 94

Motor Trader

SEPTEMBER 20, 2024

That is the area of finance and insurance commonly referred to as F &I. General trends around the world are for cars to be increasingly bought with some form of financing, regardless of whether the customer is a private consumer or a business. But F&I is not limited only to the financing of the car itself.

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Finance Retail Manufacturing Repairing 45

Shawn Ryder

FEBRUARY 13, 2025

Phrases such as Underhill Center cars for sale or Vermont car financing options should be integrated into the websites metadata and content. How-To Guides: Create guides on vehicle maintenance and care, as well as tips for financing. These resources can position your dealership as a supportive community member.

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Dealerships Marketing Spread Finance 52

Canadian Auto Dealer

FEBRUARY 18, 2025

The invite-only event was jointly sponsored by TD Auto Finance, SiriusXM, PBS Systems, and Safe-Guard. The mostly dealer attendees were treated to drinks, oysters, and an impressive food spread, and entertainment from a magician and a tarot card reader operating behind a mysterious door near the back of the club.

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Auto Alert

SEPTEMBER 27, 2024

They are more knowledgeable regarding vehicles, pricing, and even financing and are likely nearing a purchasing decision. They will spread the word to their friends and family, and maybe even online, effectively boosting business via referrals. Your customers will return because of their exceptional experiences with your dealership.

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Term Dealerships Spread Technology 64

Turbo Marketing Solutions

DECEMBER 9, 2019

Imagine if you could provide vehicle shoppers a Certified Trade-in Value mid-way through any finance or lease contract; even if the finance contract was for as long as 96 months. I mean, many dealers talk about the resale value of their vehicles; but imagine if you could certify it? Talk about putting your money where your mouth is!

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Customer Finance Insurance Spread 52

Shawn Ryder

DECEMBER 20, 2024

Influencer Collaborations: Partnering with local influencers can spread brand awareness and attract new customers. Deliver Value: Provide helpful information, such as maintenance tips, financing advice, and service reminders. Engage Responsively: Respond to customer inquiries quickly and positively, showing that you value their input.

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Customer Automotive Spread Finance 52

Shawn Ryder

SEPTEMBER 29, 2024

Spread the word through your digital marketing campaigns and social channels. This includes financing applications, trade-in evaluations, and paperwork handling. Reduced Time Wasted: Customers can narrow down their choices before coming to the dealership. Create engaging video content showcasing different models and features.

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Technology Automotive Retail Dealerships 52

Canadian Auto Dealer

NOVEMBER 4, 2024

Some dealers are branching into other business areas to spread out their risk and reap new rewards S ome auto dealers are transforming into retailers who also happen to sell vehicles. It is also involved in selling auto financing. “We It now owns three powersports businesses. Wizard Lake Marine was profitable.

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Dealerships Floorplan Retail Finance 52

Shawn Ryder

APRIL 1, 2025

By establishing a strong social media presence, your dealership can create brand advocates among local residents who can spread the word about your offerings. Here are some effective features to optimize: User-Friendly Design: Ensure your website is easy to navigate with quick access to inventory, financing options, and service appointments.

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Dealerships Marketing Spread Sales Goals 52