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Dealers cautiously optimistic about business for 2025

Canadian Auto Dealer

But David McQuilkin, Dealer Principal and General Manager of Gallinger Ford Lincoln in Milton, had a great year with his store and is buoyant about his brand and the business as a whole. Theyve been listening to what weve been asking as dealers, in terms of support. We feel very supported by them, said Kaulback.

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Why You Should Care About Good Credit Auto Financing?

3 Brothers Autosale

Your credit score is a numerical representation of your creditworthiness, and a higher score opens doors to lower interest rates and better loan terms. This not only makes your monthly payments more manageable but also ensures that a significant portion of your payment goes towards reducing the principal amount.

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Dealers cautiously optimistic about business for 2025

Canadian Auto Dealer

But David McQuilkin, Dealer Principal and General Manager of Gallinger Ford Lincoln in Milton, had a great year with his store and is buoyant about his brand and the business as a whole. Theyve been listening to what weve been asking as dealers, in terms of support. We feel very supported by them, said Kaulback.

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The war on cars

Canadian Auto Dealer

One of the things to be mindful of is we’re operating with the same regulation, the same legislation, from 2010, so in terms of our authorities, they have not changed,” said Harquail. In the March 2024 budget, for example, the government announced plans to end electric vehicle rebate incentives for consumers by the end of 2027.

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Fasten your seatbelts

Canadian Auto Dealer

counterpart, and some controversial provincial decisions concerning pulling support for EV rebates. In 2024, the Quebec government said it wants to eliminate all its provincial rebates by 2027 and is phasing them out every year until then. The $7,000 rebate in 2024 drops to $4,000 in 2025 and $2,000 in 2026.

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