If your car loan terms seem unfavorable and it is taking an unreasonably long time to pay off the debt, it may be advantageous to seek a loan refinance. While there are risks to this financial transaction, many borrowers can seek fairer terms, which help them to shorten the amount of time it takes to [...]
People all around the world are facing some serious challenges right now. Some people are out of work or trying to get by on reduced hours. This has created a need to cut back on spending wherever possible. For those wishing to purchase a new vehicle, now is a great time. Interest rates are low [...]
How to Lower Your Car Payment If you are like most people, you are probably searching for ways to make your income go further. One of the first things you can do is by looking carefully at your budget. When doing this, begin with your largest expenditures. According to statistics, transportation costs are the second [...]
Buying Out a Lease If you love your leased vehicle, buying out a lease at the end of its term may seem like a good idea. Opting for a lease buyout loan may provide you with the funds needed for this purchase. However, before applying for a lease buyout loan, there are certain considerations you [...]
Running a successful dealership requires more than having a good location and a lot full of vehicles. It even takes more than having a top-notch sales staff and a great website. Those things definitely help, but you can’t afford to overlook the importance of in-house financing, too. Understand how to properly set up your [...]
If you run a small dealership, you know that it often takes a little more work to win over customers than it does for your larger rivals. This is why financing for small car dealerships is vital to your success. Despite what some small-dealership owners think, you shouldn’t try operating without an F&I department. 3 [...]
Running a successful used car dealership has changed a lot over the years. One of the biggest changes has been how important it is to offer financing. Without it, your used-car dealership is vulnerable to the competitors that do. There is no shortage of used car dealer financing companies out there that can help with [...]
If you’ve made the decision to start your own car dealership, chances are that you already have a good amount of experience in this field. Most new owners do. Often, they worked their way up to managing a sales department at another dealership before finally taking the leap. However, while understanding a lot about cars [...]
Independent dealer financing is an often-overlooked capacity that can deliver higher revenues and profits for pre-owned car sellers, and it can be added to your independent dealership at little or no expense. Independent Dealer Financing in the Current Market Financing is an important element in most automobile transactions, with more than 85% of new car [...]
Subprime auto lenders for independent dealers can be very important partners for these small businesses, which do not have the benefits of scale or corporate-level partnerships enjoyed by franchise dealers. There are substantial benefits offered by targeting this segment of the market, and utilizing the right partners can make the process very efficient for dealers, [...]