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  • About Us
    • Remembering Jerry
  • Dealers
  • FAQ
  • News
  • Contact Us

News

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Bay Motor Finance’s Outlook for Vehicle Sales in 2023: Used or New Cars?

Posted on December 21, 2022 by Bay Motor Finance

Due in part to the COVID-19 pandemic, the outlook for new car sales is less stable now than at any time since the production shutdowns of World War II. And while 2023 is showing signs of at least a little improvement, the outlook for the coming year’s car market—both new…

Read More Posted in Industry News
Woman sitting in drivers seat of car

Consumer Fraud in the Auto Industry is on the Rise

Posted on November 22, 2022 (December 21, 2022) by Bay Motor Finance

From duplicating keys to hacking into onboard security systems, there are many ways for criminals to steal a car. In most cases, that takes knowledge…

Read More Posted in Subprime Auto Loans
man learning about about auto loans

Auto Loan Delinquency Rates: What’s the Current Status?

Posted on November 16, 2022 by Bay Motor Finance

COVID Relief brought stimulus money to people across the US. For some, it was a much-needed respite. It kept food on the table, the lights…

Read More Posted in Uncategorized
bay motor finance three locations

What is the Community Reinvestment Act’s Impact on Auto Finance?

Posted on September 26, 2022 (November 17, 2022) by Bay Motor Finance

At Bay Motor Finance, we feel it is essential to keep our clients informed of lending policies in the news, including the latest on the…

Read More Posted in Industry News
young couple speaking to care salesman

What You Need to Know about Vehicle Warranties

Posted on August 25, 2022 (November 17, 2022) by Bay Motor Finance

We’re protective of our things, more if they’re brand new. If it’s a new item that costs a lot of money, we take every step…

Read More Posted in Tips
young mother speaking with car salesperson about financing

How to Easily Explain Dealership Financing to Your Customers

Posted on July 26, 2022 (November 17, 2022) by Bay Motor Finance

You have a client ready to buy a car––outstanding! They’ve picked out their new ride, are excited to drive it off the lot, and all…

Read More Posted in Tips
car dealership showroom

What is an Automated Approval Process and How Might it Affect Your Customers?

Posted on July 1, 2022 (November 17, 2022) by Bay Motor Finance

Traditionally, automobile dealerships have had a “red phone” communication with lenders. Speaking directly to an underwriter has historically made it easy to discuss options for…

Read More Posted in Industry News

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6619 Ritchie Hwy Suite 13
Glen Burnie, MD 21061

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(410)-863-8809

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