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Report Uncovers $4.7B Opportunity for Auto Dealers
Solving mismatched payment quotes can boost sales, profits
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SEARCHMENUSEARCHSolving mismatched payment quotes can boost sales, profits
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This month, tens of millions of federal stimulus checks hit bank accounts across the country. If last year is any guide, many of those will wind up being used to buy powersports vehicles of one type or another.
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History Adjusted Residual Values are an industry first.
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The market continues to increase, but the rate of weekly gains has slowed while still remaining at levels that would be record-setting by any historical comparisons.
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While most luxury car lease payments decrease monthly rates, select SUVs greatly increase rates.
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Overall, the automotive finance market has remained resilient, despite the pandemic. Staying close to the data will help lenders ensure they have the right options available to fit consumers’ needs and budgets.
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Lease credit approvals reached 72.9% in March; Up slightly from 70.8% in February.
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TransUnion Global Payment Hierarchy Study observes consumer credit behavior in five countries.
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Car Capital allows their dealer partners to make immediate modifications to deal terms in real-time based on the economics of each unique car and consumer.
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This past week did not set another record, but the market is still experiencing week-over-week increases that are in record-breaking territory.
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CarGurus survey shows more education and awareness needed around auto loan literacy.
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