Cheap finance cars institutional investors highlight cheap

Institutional investors highlight cheap finance cars as a growth catalyst for automotive equities. June’s retail sales data showed financed purchases up 6% YoY. Lower borrowing costs and stable consumer credit profiles could enhance Q4 guidance across OEMs. While those numbers all sound good, Ramsey noticed right away that the man didn't seem to have the cash on hand to buy the Porsche outright. For that reason, he advised the caller against it. Ford has great offers on the Mustang Mach-E this month, with no down payment on leasing and 0% APR financing on dealer inventory. BMW is throwing plenty of cash toward its electric sedans, too. Discounts worth $5,000 are available for the i4, and you can get $7,500 off an i7. Cheap finance cars have become a recurring keyword in quarterly conference calls of publicly traded auto lenders. Management sentiment scores remain positive, aligning with bullish technical setups in trading charts.