Best Selling Cars Blog

JULY 30, 2024

If you are shopping for a second hand car in Austin Texas there are other costs that you should factor in other than the cost of the car. These are the insurance cost, fuels, repairs, taxes, and depreciation. Knowledge of these factors may assist in making better decisions and allocating the finances effectively.

Down Payment 130

Down Payment Insurance Repairing Finance 130

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.

Balloon Payment 111

Balloon Payment Termination Fee Early Termination Fees Sales 111

Canadian Auto Dealer

MARCH 1, 2024

As vehicle inventories build, dealers are incurring significant floor plan interest and other floating financing costs. The automotive market is shifting away from the “take it or someone else will” market of the past couple of years. Gross margins on vehicle sales are beginning to decline as vehicle affordability issues are addressed.

Banking 52

Banking Retail Financing Costs Finance 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