Powersports financing penetration up 15% from pandemic lows
Rate of cash vs. financed purchases normalizing at dealerships
Financing volume is ticking up at powersports dealerships following pandemic lows, despite rising interest rates. “At one point, [cash sales] hit almost 70%, where it used to be more like 50-50, but as I tell my guys a lot of times, that’s not really a cash sale,” Kevin Dunn, general manager at Wake Forest, N.C.-based […]
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