Auto Financing - Canada - August 2018
“Dealerships have a clear point-of-sale advantage in the financing process and satisfaction levels are high, solidifying their place as a convenient one-stop shopping experience.”
– Sanjay Sharma, Senior Financial Services Analyst
This report examines the following issues:
- Most Canadians own at least one vehicle
- Cash and dealership financing are the most popular payment methods
- Low monthly payments and recommendations are the top influencers
- Overall satisfaction with dealership financing is high
- Affordability factors are most important
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