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September Payments Reach New Heights
Despite lower interest rates and longer loan terms, the average new-vehicle monthly payment continues to climb, and transaction prices remain high.
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SEARCHMENUSEARCHDespite lower interest rates and longer loan terms, the average new-vehicle monthly payment continues to climb, and transaction prices remain high.
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Incentives drive streak as dealer profits keep falling from pandemic-era highs.
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Edmunds rewards affordability, along with ‘efficiency’ in annual awards.
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Add this risk wrinkle to your deals checklist recommendations to dealer-clients.
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Forecast predicts consumer spending will hit a record for January.
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Year-over-year increase exceeds seasonal normal. Meanwhile, Cox expects muted growth this year.
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December buying cut supply, though it’s still well above a year ago.
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Electric models, though, made headway last year in the rankings.
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Understanding how it plays into inventory risk management is an important consideration.
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Poll finds majority of global consumers in the market for electrifieds.
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December buying spree, especially for luxury models, capped four-month upward ATP streak.
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