We’re not sure this will come as a surprise to any dealer on the front line. But finance firm MotoNovo has released info on how buyers are adapting to tighter financial times. It says that ‘Consumers are undertaking greater pre-purchase analysis of running and reliability costs, they’re seeking longer finance repayment periods, and overall, there is greater buyer hesitancy in making a purchase decision.’ MotoNovo’s advice is to increase the information available to customers, to help them make those buying decisions.
MotoNovo Finance view
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