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TG Holdcroft sees profits fall 21% in “challenging year”

Motor Trader

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.

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Media post: How Much are Used Cars Ownership Costs in Austin in 2024

Best Selling Cars Blog

Financing Costs In case you’re looking to finance your used car, you will want to factor in the interest payments. The interest rate charged on a used car loan might differ as per the credit score and the loan term. The title transfer fee is around $33.

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Everything’s tightening up

Canadian Auto Dealer

Many Canadians, with 51 per cent just $200 away from monthly financial shortfall, find it increasingly difficult to manage car payments amidst a high cost of living. Elevated financing costs directly affect car sales, necessitating a crucial role for F&I managers. References Chat News Today. 2024, June 5).

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Financing Your Dream Maserati: Understanding the Leasing and Financing Options for Your Luxury Vehicle

Market Doctors

Whether you’re considering a brand-new Maserati model or one of our carefully curated used vehicles, our team is here to ensure a seamless and transparent financing experience. By choosing a longer loan term, you can enjoy lower monthly payments, while a shorter term will enable you to pay off your Maserati sooner.

Finance 52
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Electric Vehicle Trends 2024: Boom or Bust Future for EVs 2024

Jato

Established OEMs are likely to focus on offering substantial incentives on base model BEVs rather than significantly slashing list prices across all model versions and trims to prevent long-term impacts on residual values.

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Companies seek cure for profit-wrecking EV values

Autocar

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. Those car companies are now torn.

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Packed house for biggest CADEX event ever

Canadian Auto Dealer

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. In terms of the impact of EVs on dealership profits, he said the main thing will be the overhead absorption and profitability.

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