2008 Car Finance 
AutoSuccess
DECEMBER 15, 2023
Many Millennials entered the job market during the 2008 recession, which has shaped them into savvy financial planners. The good news for dealers is 79% of Millennials believe that car ownership is necessary. Regarding car ownership, it’s interesting that 39% of Gen Z aim for a luxury vehicle, not just any vehicle.
Shop Marketing Pros
JULY 23, 2024
But my true passion was working on cars. I was great at fixing cars but I didn’t have a clue how to run a business. I was great at fixing cars but I didn’t have a clue how to run a business. On top of that, my wife and I were terrible at managing our personal finances. I continued to pay my team but didn’t pay my taxes.
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Jalopnik
JANUARY 8, 2024
It may surprise you how many brand new cars are still available for sale which weren’t designed in the last decade. Manufacturers will often avoid replacing a long-running model as a means of cost savings, though some of the cars on this list remain as popular as ever, despite… Read more. Some weren’t even launched this century.
AutoSuccess
SEPTEMBER 16, 2024
This trend has a significant impact on the automotive industry, especially for new car dealers who need to adapt to meet this growing demand. Higher interest rates make financing new vehicle purchases more expensive, and the average interest rate for new car loans has risen to over 7%. Why Are Vehicles Getting Older?
Brake & Front End
NOVEMBER 21, 2023
My Family Scrapbook After the economic meltdown in 2008, I had some family members who fell on really hard times and lost everything – their business, their home, etc. Morale began to suffer and car count fell, though the average RO dollars went up to cover some of the lost revenue from car count.
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