Auto Service World

MARCH 29, 2025

In order to compare car finance offers like a seasoned negotiator, you need to understand the finer details: APR, term lengths, total repayable cost and so on. Choose a term that reflects your lifestyle and the expected lifespan of the vehicle, not just what fits your current salary. But savvy buyers know better.

Finance 130

Finance Car Vehicle IT 130

AutoSuccess

MAY 14, 2025

The first quarter of 2025 has delivered new insights into the ongoing digital transformation within the auto finance sector. The Q1 Auto Finance Digital Transformation Index data reveals a continued upward trajectory in the adoption of digital processes, particularly in e-contracting and securitization markets.

Finance 40

Finance Retail Management Automotive 40

Auto Service World

MAY 13, 2025

From rising grocery prices to the increased cost of consumer goods, household budgets have become strained, directly affecting the demand for vehicle maintenance and repairs. Competing against dealerships As interest rates begin to fall, dealerships are regaining their ability to offer attractive leasing and financing options.

Finance 130

Finance Mechanic Automotive Services Preventative Maintenance 130

Auto Service World

APRIL 10, 2024

High initial costs, range anxiety and lack of charging options are keeping many away from considering buy an electric vehicle, a recent survey found. A recent survey from Refused Car Finance found that 66 per cent of respondents in the … The post Why some won’t buy an EV appeared first on Auto Service World.

Finance 262

Finance Electric Vehicles Electricity Vehicle 262

Auto Service World

MARCH 4, 2025

The study highlighted the growing satisfaction among electric vehicle (EV) buyers, who are leading the way in satisfaction during the car-buying process. ” New-vehicle buyers reported a record 75 per cent satisfaction rate with the overall shopping experience, the highest in the study’s history.

Car 130

Car Finance Vehicle Automotive 130

CATI

SEPTEMBER 28, 2023

The considerations are multifaceted, from fuel efficiency to safety features, financing options, and after-sales services. The Importance of Affordable Car Financing Options Affordability is a key concern for the majority of car buyers in Canada. One primary benefit of affordable financing options is expanding the customer base.

Finance 110

Finance Automotive Banking Car 110

autoevolution

MARCH 12, 2025

Specifically, the bank that financed Fisker Ocean purchases partnered with Rivian to buy back Fisker vehicles at a fair price. Fisker Ocean owners were left holding the bag when Fisker filed for bankruptcy, leaving them without support and out of options.

Banking 96

Banking Finance Automotive Marketing Automotive 96

AutoFix

APRIL 10, 2025

Understanding how to adjust your business finances in 2025 as auto repair costs rise isnt just about survival. Modern vehicles demand more advanced diagnostics, tools, and training, which raises the time and cost per job. So how do you stay ahead? Its about learning to adapt, improve, and thrive in a changing landscape.

Finance 52

Finance Auto Repair Auto Repair Shop Service Advisor 52

AutoShopOwner

APRIL 2, 2025

Separate Business and Personal Finances: This is crucial. Track Mileage: If you or your employees use personal vehicles for business purposes (e.g., Tax Tip #2: Dont Be Afraid to Leverage Technology Technology is your best friend when it comes to efficiently managing the finances in your auto repair business. Every bit matters.

Auto Repair Shop 130

Auto Repair Shop Auto Repair Banking Finance 130

Auto Remarketing

APRIL 28, 2025

Do electric vehicles really offer a lower cost of ownership than gas-powered vehicles? The automotive data firms 2025 Electric Vehicle Cost of Ownership Analysis found 44% of the 54 EV models studied had a lower total cost of ownership over five years than a similarly equipped gasoline alternative a drop from 49% in the 2024 study.

Vehicle 59

Vehicle Electric Vehicles Electricity Finance 59

Automotive Training Centre

JANUARY 23, 2024

In the fast-paced world of auto sales, a dealership’s ability to succeed depends not only on the caliber of the vehicles it offers but also heavily on the abilities and teamwork of its sales staff. Teamwork makes the dream work in any establishment or organization, including auto dealerships.

Service Advisor 262

Service Advisor Finance Auto Mechanic Training Management 262

Automotive Training Centre

OCTOBER 31, 2023

In today’s economy, owning a vehicle is no longer a luxury but a necessity. These loans can be arranged in two ways: Loans arranged through a dealer: Most dealers collaborate with a manufacturer’s financing division, banks, credit unions, or independent finance companies.

Automotive 278

Automotive Finance Banking Auto Mechanic Training 278

Auto Service World

APRIL 22, 2025

The Motor Vehicles Dealers Act (MVDA) isnt the only regulation Canadian automotive companies must follow. Under Ontario Regulation 333/08, anyone selling, leasing or trading vehicles in Ontario must register with OMVIC before conducting transactions. Each transaction must comply with federal and provincial laws.

Automotive 130

Automotive Finance Vehicle Insurance 130

AutoSuccess

DECEMBER 23, 2024

Bob and Brian discuss APC s post-sale service contract program, which aims to offer service contracts to customers who either declined them during the finance process or are using the dealership’s service department without one.

Finance 98

Finance Vehicle IT 98

Automotive Training Centre

DECEMBER 12, 2023

From the rise of electric vehicles to the integration of artificial intelligence into vehicles, the landscape is evolving at an unprecedented pace. Interest rates have reached their highest levels in years, increasing costs for consumers seeking financing for vehicle purchases.

Automotive 289

Automotive Auto Mechanic Training Finance Media 289

Auto Service World

MARCH 15, 2025

Meta description: Discover why vehicle history reports are crucial for used car transactions, providing transparency, negotiation leverage, and peace of mind for both buyers and sellers. In the complex world of used car purchases, vehicle history stands as perhaps the most valuable tool for both buyers and sellers.

Used Cars 130

Used Cars Vehicle Car Insurance 130

Auto Service World

JANUARY 14, 2025

A program designed to encourage Canadians to buy zero-emission vehicles will pause by the end of this quarter as planned. CADA, the Global Automakers of Canada and the Canadian Vehicle Manufactures Association (CVMA) hosted a press conference on Jan. per cent in 2019 to 11.7 per cent in 2023 , according to the federal government.

Transportation 278

Transportation Electric Vehicles Vehicle Finance 278

Auto Service World

SEPTEMBER 26, 2024

New data from Statistics Canada highlighted a significant increase in zero-emission vehicle (ZEV) registrations, reaching 12.9 per cent of all new vehicle registrations in the second quarter of 2024. When hybrids are included, more than 106,000 low-emission vehicles were added. per cent of all new vehicle registrations.

Electric Vehicles 288

Electric Vehicles Electricity Vehicle Finance 288

CATI

DECEMBER 26, 2024

It offers the chance to combine your passion for vehicles with the independence of running your own business. Technical Expertise in Auto Body Repair You need a deep understanding of vehicle repair and restoration to run a successful auto body shop. The idea of starting your auto body shop is exciting.

Auto Body Shop 111

Auto Body Shop Technical IT Collision Repair 111

Automotive Training Centre

JULY 3, 2024

Electric vehicles (EVs) have become a significant part of the automotive school landscape, driven by technological advancements and growing environmental consciousness. Currently, the province provides up to $7,000 for new fully electric vehicles, $5,000 for plug-in hybrids, and $3,500 for used EVs.

Automotive 290

Automotive Electric Vehicles Electricity Transportation 290

AutoSuccess

MARCH 19, 2025

With electric vehicles (EVs) continuing to become a viable option for prospective vehicle shoppers, one trend stands out: EV buyers opting to lease. By comparison, EVs only made up 2.11% of new vehicle leases in Q4 2020. Part of the shift could be attributed to lower interest rates and average monthly payments for new vehicles.

Finance 52

Finance Banking Vehicle Electric Vehicles 52

Auto Service World

OCTOBER 26, 2024

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles. This can result in significant savings to the wallet.

Electric Vehicles 130

Electric Vehicles Used Cars Electricity Vehicle 130

Auto Service World

OCTOBER 5, 2024

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles. This can result in significant savings to the wallet.

Electric Vehicles 130

Electric Vehicles Used Cars Electricity Vehicle 130

Auto Service World

MARCH 20, 2025

Historically, the automotive service industry demonstrates an inverse relationship with economic conditions: In prosperous times, new vehicle sales increase, reducing the average vehicle age and lease/finance turnovers, which dampens service revenue growth. However, this cycle has been atypical. For example, Monro, Inc.,

Automotive Services 130

Automotive Services Retail Automotive Mechanic 130

Auto Service World

APRIL 15, 2025

Ways to pay will continue to be an area of growth, as higher demands will be put on auto repair shops to offer consumer credit options, easy monthly payment plans and affordable financing to help manage rising repair costs. The expectation is that modern vehicles should be repaired and maintained by modern shops and expertly trained staff.

Car 130

Car Auto Repair Shop Auto Repair Service Advisor 130

Auto Remarketing

JULY 30, 2024

Perhaps it’s jumping to conclusions, but the only segment in Black Book’s tracking to squeeze out a wholesale value uptick last week might relate to vehicles in position to solve one of the pressing current challenges to get cars financed and retailed.

Vehicle 105

Vehicle Retail Finance Used Cars 105

Solera

MAY 4, 2025

In a sea of similar inventory and competitive prices, dealerships that master exceptional CX sell more vehicles and establish a sustainable competitive advantage that will drive profitability for years to come. Self-Service Options: Many prefer to do their own research and vehicle configuration before involving your sales team.

IT 130

IT Professional Services Finance Vehicle 130

Jalopnik

SEPTEMBER 17, 2024

The first rule of being financially secure is to not roll two vehicles worth of negative equity into a ten-percent APR finance deal on a Hummer EV for 50 grand over MSRP. Financial literacy is fundamental, folks. Don’t do that and you’re well on your way to being better with money than the guy featured in a recent… Read more.

Finance 65

Finance Vehicle Banking 65

Auto Service World

JUNE 18, 2024

The 2024 report provides a comprehensive, data-driven analysis of the current market, including consumer buying attitudes, financing trends and detailed vehicle comparisons. Cars.com has released its second annual Affordability Report, highlighting a more accessible retail environment for car buyers.

Finance 147

Finance Retail Vehicle Car 147

Auto Service World

MARCH 19, 2025

Historically, the automotive aftermarket demonstrates an inverse relationship with economic conditions: In prosperous times, new vehicle sales increase, reducing the average vehicle age and lease/finance turnovers, which dampens aftermarket service revenue growth. However, this cycle has been atypical.

Retail 130

Retail Mechanic Automotive Banking 130

Auto Remarketing

JANUARY 8, 2025

Enhancing transparency and trust in remarketing Blockchain offers a unique advantage in auto remarketing by providing an immutable ledger for vehicle histories. Imagine a system where every vehicles maintenance, ownership, and accident records are securely recorded on a blockchain.

Automotive 52

Automotive Finance Consulting Education 52

Auto Service World

FEBRUARY 20, 2025

With the global vehicle repair and maintenance market steadily growing, building a scalable, well-structured business is essential for long-term success. Plan Your finances strategically Financial planning is critical for managing startup costs, operational expenses, and long-term investments.

Electric Vehicles 130

Electric Vehicles Management General Repair Electricity 130

AutoSuccess

SEPTEMBER 6, 2024

In today’s economic climate, consumers are grappling with extreme inflationary pressures affecting vehicle ownership. Auto dealers are particularly impacted, facing challenges in vehicle availability and profitability. The Impact of Inflation on Vehicle Ownership Inflation creates significant increases in the cost of vehicle ownership.

Vehicle 98

Vehicle Insurance Finance Used Cars 98

Auto Service World

MARCH 23, 2025

In this guide, well explain everything new drivers need to know about car insurancehow it works, how your premium is calculated, and what impact a PCP car finance agreement may have on your insurance requirements. Under PCP, the car technically belongs to the finance company until you make the final balloon payment.

Insurance 130

Insurance Finance Car Vehicle 130

Jalopnik

FEBRUARY 7, 2025

If youre in the market for a new Toyota 4Runner I have some bad news for you: Prepare your finances because youre about to get taken for a ride. Not only do 4Runner buyers have to deal with greedy dealership markups , theyre also facing high interest rates if they decide to finance their new SUV. Read more.

Finance 58

Finance Vehicle 58

AutoSuccess

JANUARY 9, 2024

is rather obvious on pre-owned vehicles, since no two pre-owned vehicles are exactly the same and they have wear and tear that new vehicles do not. The big questions are how much wear, and has that wear affected the drivability of the vehicle? Bottom line: Driving the vehicle has a big effect on the customer.

Vehicle 116

Vehicle Retail Banking Finance 116

Automotive Fleet

FEBRUARY 27, 2025

Fleet dealers offer more than just vehicles. Explore how they can streamline procurement, financing, maintenance, and employee perks in 2025.

Finance 115

Finance Vehicle 115