'More aggressive' bank stance boost for dealers

Mon, Mar 28th 2011, 11:00 PM

By NEIL HARTNELL

Tribune Business Editor

Bahamas Motor Dealers Association (BMDA) members yesterday said they were hopeful that improved buyer traffic and quality at the weekend's Car Show will translate into increased sales in the coming weeks, with commercial banks seemingly "more aggressive" on writing loans.

Rick Lowe, operations manager at Nassau Motor Company (NMC), the Honda, Chevrolet and Cadillac dealer, told Tribune Business: "Our sales consultants felt that the buyers, or the people interested in buying, were there, and it remains to be seen how it plays out. They felt more positive this year than last.

"The banks were more aggressive, so hopefully we'll ...

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