First Time Car Buyer Program
Auto Accessories Are a Big Market... Make Sure You Are in the Game
/PRNewswire/ -- Foresight Research, a Rochester, Michigan based market research firm specializing in automotive research, has released results of its syndicated 2011 Automotive Accessory Market Report. Foresight Research conducted 7,458 interviews with new car buyers to write this study. The detailed study included virtually all car makes, models and types and came to the following, eye-popping conclusions44% of all buyers spend at least $250 and intend to spend a whopping $1,810 on accessories! Average accessory dollars spent and intended to be spent per new vehicle sold equaled $815 Availability of accessories was influential to selecting a dealer by 23% of all buyers Only 39% of salespeople actually tried to sell accessories and less than half of dealers have accessorized vehicles on display Accessories played an influential role in the sale of 12% of all vehicles sold
"The auto industry intuitively knows that accessories are important on pick-up trucks and sport utility vehicles, however, it's surprising to see the dramatic influence that accessories have across the board on all vehicle types," said Steve Bruyn, CEO of Foresight Research. "Yet, despite the strong consumer support and desire for accessories, our research shows that dealers currently under serve the market and are therefore missing out on huge sales and revenue opportunities."
The detailed accessory report includes breakout data by vehicle brand, segment, geography and accessory type (appearance, performance, comfort/utility and protection). The study also describes what marketing strategies work best. Subscribers to the Foresight study are able to mine results based on their specific interests and make informed decisions on future accessory programs.
Foresight Research is based in metro Detroit, MI and can be reached on the web at www.foresightresearch.com for more information. The company specializes in creating studies that identify the key influences in various purchase decisions. By measuring the source of influence and ROI, marketers can create a more comprehensive, targeted marketing plan. Foresight Research was founded in 1998 as a full-service market research company. We now serve over forty clients in the automotive, advertising, public relations, direct marketing, healthcare, government, and industry association sectors.
SOURCE Foresight Research
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First Time Car Buyer Program - News
Foresight Research conducted 7458 interviews with new car buyers to write this study. The detailed study included virtually all car makes, models and types and came to the following, eye-popping conclusions 44% of all buyers spend at least $250 and
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in buying a car, not embarrassing the program. Because then, instead of languishing in some disinterested inbox, your emails actually draw a response, like this from David Finnegan, Electrified Vehicles Marketing Manager at Ford: For the first few
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When someone has bad credit or no credit history the best option for that person is to avail guaranteed car financing from online car finance sites. Conventional lenders are very wary of offering low rate and easy auto loans to first time car buyers with limited or no credit history and so approaching online first time auto buyer program is the best way to secure the necessary rates that one thinks will be manageable with the existing cash flow.
Guaranteed car financing is especially meant for subprime borrowers and online auto loan companies are always preferred over banks and credit unions for this type of financing as these companies offer low rate auto loan guaranteed as compared to the conventional lenders thus making it easier for first time car buyers to go about the car loan approval process without much hassle. First time car buyers are those who have never had the chance to invest in a car in the past and those who have just embarked on a new job or are still students. Such customers have very limited or no credit history and also do not have enough cash to pay upfront and purchase the car. Guaranteed car financing is the best option for students and new job holders as online auto finance companies introduce special auto loan guaranteed options or first time auto buyer programs that offer low rate guaranteed auto loan for bad credit, limited credit or no credit buyers.
The process of securing auto loans from banks and credit unions or even offline auto finance companies is very tedious and complex whereas online car finance websites offer easy auto loans with affordable rates and fast and easy processing of the auto loan guaranteed meant for first time car buyers. These first time auto buyer programs help the customers build up on their credit rating that will be helpful for them in the future and it also helps them in securing easy auto loans at reasonable guaranteed car financing rates. With the help of free car loan quotes the first time car buyer is able to identify the most affordable new car loan or used auto loan with zero credit. Secured guaranteed car financing scheme for first time car buyers enables the student or new joiner to secure low rates on the easy auto loan by placing the car itself as collateral in lieu of the loan. There are also several first time auto buyer programs offered by many car finance companies that cater to the subprime customers needs by offering no cosigner auto loans. This helps the first time car buyer significantly as getting a cosigner to secure guaranteed auto loan for bad credit or no credit is really difficult and with no cosigner auto loans the option of securing easy auto loans is opened to the first time car buyer.
First Time Car Buyer Program - Bookshelf
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