Edition 8, 2008 - Special Edition: Car Finance During the Credit Crunch
Finance Focus #8 2008
Car Finance During
|In This Issue:
In recent weeks the global credit crunch has dominated newsrooms and boardrooms around the country. In the automotive industry, it's no secret that new car sales are down and interest rates are dropping. Announcements from dealer finance providers GE and GMAC that they will shortly exit Australia have further complicated the industry outlook.
Stratton Finance continues to provide competitive finance and insurance solutions for you or your business - Stratton's large panel of lenders can finance just about any customer or car.
The recent announcements from GE and GMAC have no impact on Stratton Finance or our customers. This special edition of Finance Focus addresses some of your most frequently asked questions and provides information about Stratton's response to industry developments. Please feel free to e-mail your finance consultant with any questions you may have.
How to Buy a Car During the Credit Crunch
Credit crunch or not, the basics of car buying remain the same. If, however, you're planning to take advantage of the super low car prices being advertised at the moment, make sure you review our consultants' simple tips before you buy. Click here to read on...
Stratton Finance on ABC's Inside Business
Appearing on ABC's Inside Business on Sunday 9th of November, Rob Chaloner (Stratton's Managing Director) confirmed that Stratton Finance is assisting car dealerships affected by the departure of GE and GMAC from the Australian automotive finance market. Click here to watch the video...
Stratton Finance talks to The Australian Financial Review
Rob Chaloner, Managing Director of Stratton Finance, was quoted in The Australian Financial Review on Tuesday 17th of November. Interviewed for the article entitled "Drive for finance assistance accelerates", Chaloner confirmed that more than 100 dealers had enquired about wholesale financing with Stratton Finance. Click here to find out more...
Updated: Wholesale and Retail Finance Information for Car Dealers and Car Brokers
Earlier this week we reminded car dealers and car brokers across Australia that wholesale and retail finance is available from Stratton Finance. Click here to read the media release, or click here to read more about Stratton's car dealer and broker services.
Do you have a special request?
What information would you like to see in Finance Focus? E-mail us with your credit crunch queries.
If you'd like a car finance quote or more information about any of our products & services, please visit our website, call us on 1300 STRATTON (1300 787 288) or contact your finance consultant directly.
GENERAL ADVICE WARNING - We must inform you that the information in this e-mail is general advice only and is not specifically based on your own objectives, financial situation or needs. Before you act on this information, you should read any relevant Product Disclosure Statements and consult with a registered tax agent to ensure that this advice is suitable for you.
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