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May 20, 2009

Chrysler Financial Resumes Special APR Program for Dealers

Chrysler Financial announced Wednesday the resumption of subvented retail annual percentage rate (APR) programs in conjunction with Chrysler LLC.

Tags: annual percentage rate, Chrysler, Chrysler Financial

May 15, 2009

Proposed Bill Restricts Post-Sale Changes in Finance Terms

A legislative proposal heard this week by a U.S. House of Representatives subcommittee directs the Federal Trade Commission (FTC) to issue new rules that would have significant ramifications for the auto finance industry, says the chief federal government affairs official for the American Financial Services Association (AFSA).

Tags: AFSA, amount financed, annual percentage rate, auto finance, interest rate

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Finance Basics

  • Finance Acquisition Business Plan Strategies - Do you have a finance acquisition business plan? In today's market, knowing the buying habits of your lenders could determine your dealership's survival.
  • Credit Risks in a New Economy - Lenders have tightened policy and decisioning parameters in response to the credit crisis to manage risk and insulate themselves from uncertainty in the market.
  • Will There Be Financing? - A look at the new economy's impact on the future of financing.
  • Six Tactics for Non-Prime Lending - Nonprime players need to take maximum advantage of their core competencies and unique market characteristics, as well as evaluate and adopt leading practices and supporting technologies consistent with their business strategy.
  • Leasing in the Wake of Zero Percent Finance - What can be done for prospective buyers who can’t take advantage of the financing incentives?

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