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[PDF File]Future of automotive retail - Ernst & Young
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Future of automotive retail 2. Automotive retail in the future ... Buyers willing to finance a car purchase online 46% Creating an engaging digital experience and leveraging ... Although dealerships will continue to play a significant role as primary channels for building
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[PDF File]Audits of Automobile Dealerships Independent Used ...
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industry audit procedures performed for audits of used automobile dealerships. Independent Used Automobile Dealerships Introduction The used car industry is composed of new car dealers who accept trade-ins on the sale of new automobiles and can also purchase used vehicles directly from customers, other car dealers, or at
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[PDF File]Lending to Automobile Dealerships: Credit Risk Management ...
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Lending to Automobile Dealerships Credit Risk Management Issues by Erik Day ... captive finance source for southeastern Toyota franchise dealers, WOFC currently manages more than $1 billion in ... effect is on the used car market. In 1991, off-lease vehi-cles …
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[PDF File]Take control of your auto loan
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TAKE CONTROL OF YOUR AUTO LOAN UNDERSTANDING YOUR AUTO FINANCING CHOICES 5 Auto loans from a bank, credit union, or nonbank auto finance companies You can obtain a quote or preapproval on an auto loan from a bank, credit union, or other lender before selecting a vehicle. You can also check out nonbank
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Understanding Vehicle Financing
2 Understanding Vehicle Financing With prices averaging more than $31,000 for a new vehicle and $17,000 for a used model from a dealership, you might consider financing or leasing your next vehicle. You have two financing options: direct lending or dealership financing.
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[PDF File]Memorandum
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identified several alarming trends in the market for auto finance, including repayment terms of six years and longer , buyers rolling over large unpaid car loan balances into loans for a replacement vehicle, and an increase in higher-cost subprime loans. 6 Most consumers finance the purchase of a car through either direct or indirect lending.
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In house finance car dealerships