Smith Ford Launches Extended Discounts to Bridge Gap Between Lenders and Retail Costs
Recently released figures from the automotive industry reveal an 11 percent upturn in vehicle loans for those with less than perfect credit. Though this brings the average lending amount to more than $17,000 for used vehicles, this sum continues to fall below the suggested retail price of many pre-owned models by an average of $2,500. In order to bridge this gap between lenders and those needing a quality vehicle, John Robben, Chief Operations Officer of Smith Ford, has launched the dealership's newly extended lineup of discounted cars and trucks.