Banterra Bank’s Post

Check out the latest original, never AI-generated content from Finopotamus and John San Filippo. "LIFT Network: Creating a Win-Win-Win for Members, Auto Dealers and Credit Unions" Kirk Klinkhammer #fintech #fintechinnovation #creditunion #creditunions #autoloans #autolending

A question we get asked a lot is… “Do I Need a Co-Signer When Buying a Car?”. Co-signers are generally a good idea. A co-signer brings their strong credit to the table allowing you to have better terms and conditions. Because they are responsible in the event you default the bank will give a lower interest rate or longer finance terms as the risk to them is considerably lower. If you have any other questions about financing or getting into a vehicle, give us a call today! 604-498-5050 https://www.smsmotors.ca/ #carloan #autofinancing #preownedvehicle #usedcar #vancouver #chilliwack #smsmotors

Buying a new car is an exciting step, but it can be a very expensive one. With car prices higher than ever before, you may want to consider different financing options. Reach out today to find out how I can help – you could get your next vehicle sooner than you think. #aussie #aussiehomeloans #aussiebroker #aussiemortgagebroker #assetfinance

Do you need a new car? Well, you better pay cash, because the typical interest rate for a 60-month loan for new cars have nearly doubled since early 2022. Or better, get a used one. #cars #usedcars #carloan #interestrates

Enhanced negotiating power! When you have pre-approved financing in hand, you have a clearer understanding of your budget and buying power. It is also Time-saving and convenience! With pre-approved financing, you can focus solely on finding the right vehicle without the added stress of negotiating financing terms at the dealership. And of course Budget clarity! By obtaining pre-approved financing, you have a clear idea of your loan amount, interest rate, and monthly payment…. If have anymore more questions or want to get pre-approved yourself you can visit our website with the link below. https://lnkd.in/gZZBXH9R #carloan #getapproved #preapproved #autoloan #autofinancing #bankfinancing #chillwack #vancouver #smsmotors

Your car isn't just a vehicle, it's a financial asset! Get a loan that matches up to 200% of its value now. 💳💷 #AssetValue #LoanMax #CarFinance #carloan #carloans #easyapproval #loancar #easyloanapproval #loanagainstcar #loanoncar #doublevalue #carrefinance

What would happen to a dealership Sales Manager if they missed a $1,000 rebate on the majority of their deals? They probably wouldn’t be working at that dealership for very long. So why do dealerships tolerate a dollar amount variance more than that on almost every used vehicle appraisal? The average used vehicle appraisal has an ~$1,000+ variance from what amount of reconditioning was estimated during the appraisal, compared to the actual $ amount of reconditioning that was completed. This video takes a deep dive into how Accu-Trade is able to simplify reconditioning estimates. Something that has been overly complicated, for way too long. And this is just another example of how Accu-Trade is able to provide the most accurate appraisal values in retail automotive. This simplicity is also how so many car dealerships across North America are able to enable their entire sales associate and / or service advisor teams to double, triple, or even quadruple the volume of appraisals they are able to conduct each month. We’re in fast-changing times. Without the most up to date technology, a competitor can easily take market share and / or service retention. Click on this video to see how our technology is giving dealers an unfair competitive advantage… https://lnkd.in/eVwV6QCc #cars #car #automotive #autoa #appraisal

The vehicle loan default rate is so high that the repo industry is struggling to keep up. There is a shortage of drivers and tow vehicles to retrieve the repo vehicles. As a result, some auction houses across the US are backed up, and even dealers are not interested in high-priced vehicles because their used lots are already full. Buyers looking for cheaper sedans not high-priced high-margin trucks. #vehicleloans #default #repossession #autoindustry #auctionhouses

How will inflation impact the vehicle finance market over the next 12 months? We sat down with Richard Jones, Managing Director at MotoNovo Finance to get his predications on how interest rates might be affected in the next year. Watch the full webinar on demand here 👇 https://bit.ly/3EneMuw #interestrates #usedcars #carfinance #finance #predicition #autotrader

We just visited the Nordnet Bank AB studio and presented Gram Car Carriers’ Q2 2023 financial and operational performance with strong earnings growth and a 110% increase in our quarterly dividend. Our CEO Georg A. Whist also talks with Nordet’s analyst @Roger Berntsen about the car carrier market and GCC’s positioning and competitive advantages as the world’s third largest tonnage provider.   They discuss how the strategy of chartering vessels out long-term contracts with robust counterparties within the global automobile logistics chain has translated into a near-record revenue backlog and visibility on cash flow and attractive quarterly dividend distributions to shareholders in the years to come.   To view the recording (in Norwegian), click here: https://lnkd.in/gpwXirEY Q&A:https://lnkd.in/g2vkHc9S #carcarrier #dividendyield #shipping