article thumbnail

The Ultimate Car Buying Guide for 2024: Tips on Choosing the Right Vehicle, Understanding Financing Options, and Navigating Dealership Negotiations

Shawn Ryder

Understand the terms, including mileage limits and wear-and-tear policies. Often, dealers are willing to make better offers to close the sale. While longer terms may offer lower monthly payments, they often result in higher overall costs due to interest. Navigating Dealership Negotiations 1.

Finance 98
article thumbnail

ZEV mandate: what it is and how it will impact UK drivers

Autocar

You might not be if you work for a car manufacturer, but you will want to know how it all works anyway, and it’s legislation that runs far deeper than the headline of a sliding scale of electric car sales that each car maker must hit each year, starting at 22% in 2024. of its sales mix to be ZEVs this year.

Banking 124
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ultimate Guide to Hiring Car Sales Professionals: Job Positions, Trends, and Terminology Revealed!

Shawn Ryder

Introduction Hiring car sales professionals is a critical aspect of running a successful car dealership. These professionals are the face of your business, and their knowledge, skills, and expertise directly impact your sales and customer satisfaction levels.

Sales 52
article thumbnail

Should I lease a truck in this situation?

Shawn Ryder

Mileage Limits: Lease agreements typically have mileage limits (e.g., Exceeding these limits can result in significant penalties. If you often exceed mileage limits or require modifications, consider purchasing instead. 10,000 to 15,000 miles per year). Understanding your usage needs is pivotal.

article thumbnail

Lease Buyout or Return for my 2022 Honda HR-V AWD LX?

Shawn Ryder

No Additional Costs : Buying the car means avoiding additional charges for excessive wear and tear or exceeding mileage limits often associated with lease returns. If you consistently exceed your lease mileage limits, a buyout might save you from penalties. Ensure you have sufficient savings for any potential buyout fees.

article thumbnail

What’s a dealer demonstrator new car?

CarExpert

Demonstrators are also often sold as runout models when an update or new model is due to go on sale. The car in question is then sold on to a public buyer at a discount, which varies depending on a variety of factors according to Brighton Automotive Group general sales manager Joshua Ferguson.

article thumbnail

Lease expires in 5 days, what happens if I go beyond the expiration date to buy it out?

Shawn Ryder

Excess Mileage or Wear Fees: Evaluate if youve exceeded the mileage limit or if theres any damage to the vehicle, as this may influence your decision. Residual Value: This is the predetermined buyout price of your vehicle at the end of the lease. What Happens if You Exceed Your Lease End Date?