Press Release |
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| Press Release : 02/10/2009 |
| Charles Toyota Offers Unprecedented financial incentives |
| Summary |
| Charles Toyota Offers Unprecedented financial incentives
Charles Toyota announces that payment options in purchasing vehicles at dealerships have changed in response to economic conditions. Historically, car-buying customers paying cash were considered of little or no value by the dealership because revenue is generated through financing costs and other additional purchases such as warrantees. For the customer, paying the finance charges was worthwhile because of the credit-building advantage of monthly payments.
At dealerships like Charles Toyota, a win-win solution has arisen in light of the economy. Unprecedented financial incentives are being offered to stimulate sales, and cash-paying customers are welcomed with open arms. Especially at the time of year when tax refunds are arriving, cash can be king when purchasing a new or pre-owned vehicle. While customers wanting to finance can still reap the credit-building benefits of monthly payments, cash-paying customers can literally double the value of their tax refunds by investing in a new vehicle, taking advantage of financial incentives, and eliminating finance charges and monthly payments. |
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Contact:
Charles Toyota
500 West Thames Street
Norwich, 06360 CT
Phone:(860) 889-8375
Fax: (860) 889-8375 |
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