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NOACROSS

Quiet On The Finance Front?

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34 minutes ago, grant8064 said:

Funny they didn't want to hear any trade opinions when launching findandfund...now it's panic stations they're all ears 

Well Grant not sure which planet you have been on and sorry to break it to you but due to the overwhelming success of Findandfund they actually gave it free to all dealers. ;)

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Finance is definitely down. We get emails from close all the time and they’ve changed their criteria from 100k to 130k and lowered their lending down to a grand 

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1 hour ago, Rory RSC said:

Well Grant not sure which planet you have been on and sorry to break it to you but due to the overwhelming success of Findandfund they actually gave it free to all dealers. ;)

It was quite amusing after six months of declining the 'for only £xxx per month you can be on our platform that's gonna change the way people buy cars' we suddenly got everything listed for free because there wasn't a sole on there. I almost felt sorry for our rep having to try and push the product for so long. Still waiting for an enquiry from it.

Big companies not listening to any input from the people that keep their lights on...how familiar eh!

As for finance we're finding it about the same as before. Lot more rejections from a certain lender so we've switched and getting a good % placed.

There's a lot of cheap money out there so finding slightly more savvy punters are getting their money in place at a lower rate in advance elsewhere. Balances have got a bit smaller for us, i'm noticing people generally trying to take on less debt than 2017 and start of 2018.

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