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These Brands Had the Best New Car Deals in 2022

By on September 15, 2024
Image: David Zalubowski (AP)If you tried to buy a new car in 2022 you were probably in for a world of frustration. Some of you got lucky, but most buyers faced high prices and/or long wait times especially when shopping for popular cars like RAV4s and Kia Tellurides. However, there were some brands that managed to weather the supply storm and therefore were a bit easier to find units with reasonable prices. Most of you know by now that my day job is as a professional car shopper. I work with hundreds of customers every year and talk with…
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Car dealerships encounter more shoppers paying cash

By on May 20, 2023
“What’s causing that is that so many people have gotten sticker shock” at the interest rates available, Eleazer said. Customers are not aware of the rise in interest rates that have taken place since the first quarter of 2022. When a customer whose last loan had a 2.9 percent APR is offered 7.9 percent today, “they’re about to lose their mind,” he said. As a result, customers opt to pay cash instead. “It’ll level out,” Eleazer said. “It always says.” Interest rates today are like those before the 2008 financial crisis, he said, a point he also makes for customers.…
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Trade deals, tariffs and Brexit: how will they shape UK prospects?

By on May 14, 2023
Home › Articles › Trade deals, tariffs and Brexit: how will they shape UK prospects?These significant forces have not yet led to a major change in export markets served by UK vehicle companies, but they could in the future, writes Ian HenryUntil the Brexit vote in 2016, few people in the UK, even within the automotive sector, knew much or even thought about trade deals and tariffs. The Brexit negotiations changed that and the actual and potential costs of leaving a large trading bloc were front and center of the industry’s concerns. The UK-EU Trade and Co-operation Agreement…
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