Remove Automotive Remove Extended Warranty Remove MSRP
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Nissan Allows Dealers To Sell Cars At A Loss, Up To 15% Below Invoice

Carscoops

Several signs point to the automotive market, or at least certain sections of it such as EVs, is cooling off a little bit, and Nissan is feeling the brunt of it. According to Cox Automotive, vehicles on Nissan dealer lots are sitting there for around 98 days before buyers snap them up.

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Understanding Dealership Jargon: Terms the Public May Not Know

Shawn Ryder

The automotive industry is rife with specific terminology that can be confusing to the uninitiated. The F&I manager will also offer additional products such as extended warranties and GAP insurance. MSRP (Manufacturer’s Suggested Retail Price) The price that the manufacturer recommends the dealership sell the car for.

Term 40
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Ultimate Guide to Hiring Car Sales Professionals: Job Positions, Trends, and Terminology Revealed!

Shawn Ryder

Trends Digital Transformation The automotive industry is undergoing a digital transformation, and car sales professionals need to adapt to these changes. Terminology MSRP MSRP stands for Manufacturer’s Suggested Retail Price. Online research and virtual showrooms have become increasingly popular among car buyers.

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