http://www.one38.org/200809/auto-loan-providers-are-being-stressed/ Just another WordPress weblog Sun, 20 Jun 2010 02:07:16 -0700 http://wordpress.org/?v=2.8.5 hourly 1 http://www.one38.org/200809/auto-loan-providers-are-being-stressed/comment-page-1/#comment-881 Motor Trade Insider Sat, 11 Oct 2008 05:39:58 +0000 http://www.one38.org/?p=108#comment-881 It's a tricky one. For new car dealers there has been "no money in the metal" for a good while now, so they make their money from the add-ons, the biggest earner being (of course) finance products! With the credit crunch\squeeze giving lenders the jitters cash may be king again after all. However where is the profit going to come from? They can't put the price of the cars up to achieve a greater margin because sales are slow already. Interesting times! It’s a tricky one. For new car dealers there has been “no money in the metal” for a good while now, so they make their money from the add-ons, the biggest earner being (of course) finance products! With the credit crunch\squeeze giving lenders the jitters cash may be king again after all. However where is the profit going to come from? They can’t put the price of the cars up to achieve a greater margin because sales are slow already. Interesting times!

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