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June 5, 2017 - Industry News

Edmunds: Down Payments Reach Record Levels in May

Car buyers are putting down $504 more on a new-vehicle purchase than they did five years ago. But with buyers purchasing pricier cars and interest rates on the rise, something has to give, Edmunds.com analysis said.

Tags: auto finance, down payment, Edmunds, interest rates

July 30, 2014 - Industry News

Dealertrack Partners With Element Payment Services

Using Element Payment Services, Dealertrack Technologies will seamlessly integrate electronic payment processing into Dealertrack DMS 2.0.

Tags: down payment, PERSONAL IDENTIFICATION INFORMATION, technology

February 19, 2013 - Industry News

Pa. Dealer Faces Fraud Charges

The Pennsylvania owner of Auto Exchange USA is being charged with fraud, theft and impersonating a Notary. Authorities said he pocketed down payments and didn’t pay off existing loans for customers after agreeing to do so.

Tags: Auto Exchange USA, dealer, down payment, fraud, Pennsylvania, U.S. Department of Transportation

April 17, 2012 - Industry News

[Video] Tip of the Week: The Rate Question

Before you cut that rate to satisfy your customer's request for a lower payment, check out this tip from United Development Systems’ Gerry Gould.

Tags: down payment, Gerry Gould, Lowering Rate, Tip of the Week, United Development Systems

May 24, 2011 - Industry News

Edmunds.com Unveils Four-Square Calculator for Car Buyers

Edmunds.com has released an online tool to help consumers determine the expected price – and boost their bargaining position – on a new-car purchase.

Tags: average term, down payment, Edmunds.com, interest rates, trade-in value

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