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 126

Financing Costs Finance Manufacturing Buyer 126

Canadian Auto Dealer

MAY 10, 2024

In terms of the market, he said vehicles are selling but economic weakness is undermining the affordability of personal mobility and the ability of governments to support the transition to EVs. Can manufacturers succeed in getting involved in retail?” They also see it as a means of cutting system distribution costs.

Retail 98

Retail Banking Finance Manufacturing 98

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