Car dealer finance penetration plummets
Car / Auto Mechanic News
Point of sale finance for new and used cars has slumped in the last decade, according to a report by Blackhorse Finance.
The study, undertaken by Professor Peter Cooke from the University of Buckingham, revealed dealers? PoS finance suffered from a weak image and was considered uncompetitive.
From 1997 to 2006 it said franchised dealers? new private [...]
Source: Vol Cars Blog