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Do manufacturers calculate interest and add to the loan?

Shawn Ryder

The key components of an auto loan include the principal amount (the price of the vehicle), the interest rate, and the term of the loan (length of time to repay). This collaboration can lead to promotional financing offers, such as 0% interest deals for qualified buyers.

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Used Car APR in Ontario Canada?

Shawn Ryder

Understanding APR: What You Need to Know The Annual Percentage Rate (APR) represents the total cost of borrowing and is expressed as a percentage of the loans principal amount. However, as a general guideline: Well-qualified buyers may see APRs ranging from 3% to 6% for used vehicles.

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F & I Training for Automotive Dealerships

Terry Lancaster

his new book, Ridiculously Simple Car Selling, Steve Stauning and co-author Carson Stauning say that if you're ready to put in the work, you can sell Read More Pre-Roll Video Ads for Car Dealers Pre-Roll Video Ads for Car DealersPre-Roll Video Ads for Car DealersClose More Car Sales Listen in on another How To Sell More Cars podcast conversation.We

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Ridiculously Simple Car Selling

Terry Lancaster

5:56 Speaker 2 discusses the importance of believing that every prospect is a qualified buyer, leading to different sales outcomes based on the salesperson's mindset. But But if that's what you want to do, if you just want to put in the hours look forward to Wednesday, so we're coming down there at 16 bucks an hour in our market.

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Close More Car Sales

Terry Lancaster

The role of closing in today's market and why it's important, and how it's changed. I'm the marketing guy. And we're going to talk about the exact language that you need to use to close more automotive deals in today's wild and wooly automotive market. It's car sales, and it doesn't have to be hard.In

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