Carmatic

We are excited to share our latest product overview video that dives deep into how Carmatic is revolutionizing the car shopping experience. When it comes to monthly payments, it's no longer about solving a Rubik's cube. For years, dealerships and software companies have struggled with delivering accurate, timely payment information to customers—until now. Carmatic bridges that gap, providing real-time, transaction-grade payments that customers can trust. Whether it's a lease or a loan, with just a VIN, Carmatic generates precise payments, reflecting all incentives, lenders, taxes, and fees, customized to both the dealer's and customer's needs. All while maximizing profitability for our dealer partners. Watch the video to see how we’re transforming the way dealerships and their software partners engage with customers—making the process more transparent, efficient, and trustworthy. The future of automotive retail is here…and so is Carmatic!

For our first time, here are the worst deals going into the end of the month. This is based on payment to MSRP factoring in all guaranteed incentives and taxes. While every car deal is right for someone, don't be a Turkey and say we didn't warn you! Happy Thanksgiving!

Here are the best deals this week under $500. There was no movement week to week on leases, however the best deals on loans did have some change with the outlander getting a .6% rate cut on loans.

Incentives are 7.7% of transaction price. Help customers understand their real affordability profile. We dive into the data here: https://lnkd.in/er4a2tzZ

New best deals of the week. A number of new entries in the top 10 for lease and loan.

Here are the overall top 10 lease and loan real deals today under $500. Includes: taxes, all guaranteed offers, excellent credit and zero money down.

Understanding Market Based Affordability continues to be a challenge for both dealers and the software companies who serve them. Monthly vehicle payments are influenced by a myriad of factors, not just price. And with all the recent shifts in auto finance, we wanted to find out: who's offering the better deal—the captives or the non-captives? Here's what we discovered: Our Findings: -On average, the best lending option for each car switched between captive and non-captive 1.66 times over the 50-day period. -The largest payment decrease was the Chrysler Pacifica dropping $151 at the end of October. -The largest payment increase was the Dodge Hornet rising $166 at the end of October. -Although the individual swings in affordability are large, overall, the average payment difference when a change occurred was just $3.53, demonstrating how competitive today’s lending environment can be. -Changes tended to cluster at three points each month: the first week, mid-month, and just before the final week. The Data: Below are charts showing the percentage of time the captive lender provided the best payment option across all scenarios. We broke down the data across September/October and calculated these averages. Here are some of the biggest movers: Leases (% of time the captive had the best payment): Dodge increased from 27% (Sep.) to 63% (Oct.) Land Rover increased from 67% (Sep.) to 99% (Oct.) Jeep increased from 50% (Sep.) to 82% (Oct.) Loans (% of time the captive had the best payment): Jeep increased from 6% (Sep.) to 78% (Oct.) RAM increased from 0% (Sep.) to 45% (Oct.) Chrysler increased from 14% (Sep.) to 57% (Oct.) These insights give us a better understanding of how dynamic auto finance has become and how important it is to have access to the best payment option instantly. The minimal payment differences (as a global average) suggest that both captive and non-captive lenders remain highly competitive. However, the timing of when these shifts occur can impact financing decisions. And, as seen below, without real-time access to compare the best captive vs. non-captive programs, on any given day it could be the difference between a $1 and $100+ swing in monthly payment.

Our analysis at Carmatic includes automotive finance data collected daily over the past two months from 234 unique new vehicles across 32 manufacturers compared to Stellantis.?We've utilized a unique bottom-up approach that provides transaction-grade payment data. This method allows us to see precisely how these financing strategies directly impact Market Based Affordability.

Dealerships and the vendors that support them are navigating these turbulent times without a compass. The lack of real-time payment intelligence leaves software providers—and by extension, the entire industry—flying blind https://lnkd.in/ei8DAM_k

Stellantis has rolled out new low-rate deals across several brands to drive sales in the final days of the month. These offers impact Jeep, Ram, Chrysler, and Fiat vehicles. For more on market based affordability: https://lnkd.in/e2TAyr73 Jeep - New Rate:?3.90% APR for 72 months?(down from 6.34%) - Models: Wagoneer and Grand Wagoneer - Highlights: The Wagoneer offers a better deal based on the payment-to-MSRP ratio. Ram - Incentive:?$6,250 in guaranteed cash?on a 15,000-mile per year lease - Model: Ram 1500 - MSRP: $53,205 - Impact: Monthly payment reduced by?$139?before this incentive. Chrysler - New Rate:?0% APR for 72 months - Model: Pacifica - MSRP: $55,420 - Impact: Monthly payment reduced by?$151. Fiat -Incentive:?Near 0% interest lease -Model: Fiat 500e -MSRP: $34,095 -New Payment:?$266 per month?(previously $414) -Impact: Monthly payment reduced by?$151. -Highlights: Best overall deal we are tracking today. *All data based on NY, 72 month financing terms / 36m lease terms at 15k miles per year. Assumes no money down and MSRP as the sales price with excellent credit.