Wednesday, April 8, 2020

7-year loans won't revive a lifeless market

7-year loans won't revive a lifeless market https://ift.tt/2wnYHFi

Automakers using extended loan terms to stem rapidly falling demand face many challenges — convincing customers to reenter the vehicle market at a perilous time, and asking dealerships to accept trade-ins worth significantly less today than mere weeks ago.

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