Motor Trader

AUGUST 23, 2024

Multiple increases in interest rates through 2023 meant an additional 1.25% of financing costs on both our short and medium-term borrowings as well as our day-to-day inventory stocking facilities provided by our manufacturer partners.

Financing Costs 105

Financing Costs Retail Finance Manufacturing 105

Jato

MARCH 21, 2024

While major European original equipment manufacturers (OEMs) have announced plans to introduce more affordable BEV models, these offerings may take time to materialise. This trend is likely to continue given the weak economy, high financing costs, and general market uncertainty, which is putting off both potential private and business buyers.

Retail 111

Retail Finance Manufacturing Financing Costs 111

Autocar

MARCH 3, 2024

Stable used car values have become critical to new car sales in that they determine finance costs, so the continued weakness in EV prices is also hurting car companies as they look to increase the percentage of zero-emission cars they sell. We anticipate manufacturing costs for full EVs will reduce over the next four to five years.

Financing Costs 122

Financing Costs Finance Manufacturing Customer 122

Canadian Auto Dealer

MAY 10, 2024

Can manufacturers succeed in getting involved in retail?” They also see it as a means of cutting system distribution costs. The manufacturers do not see agencies as a staging area on their own path to go direct to consumers, he said. Agency makes you more dependent on the manufacturer, with smaller margins.

Retail 98

Retail Banking Finance Manufacturing 98

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. This offer also won’t be around forever.

Balloon Payment 111

Balloon Payment Termination Fee Early Termination Fees Sales 111

Shawn Ryder

JANUARY 27, 2025

Look into alternatives that might be more affordable while still meeting your needs: Different Make/Model: Consider similar vehicles from other manufacturers with lower price points. Base Trim Levels: Base trims usually come with fewer features but can drastically reduce the overall cost.

Down Payment 52

Down Payment Banking Finance Financing Costs 52

Jato

MARCH 21, 2024

While major European original equipment manufacturers (OEMs) have announced plans to introduce more affordable BEV models, these offerings may take time to materialise. This trend is likely to continue given the weak economy, high financing costs, and general market uncertainty, which is putting off both potential private and business buyers.

Retail 52

Retail Finance Manufacturing Financing Costs 52