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Did the Finance manager act dishonestly regarding an extended warranty?

Shawn Ryder

In the automotive industry, trust is paramount. One of the most contentious areas within this realm is the extended warranty services that dealerships often promote. Recently, allegations have surfaced suggesting that a finance manager in a prominent dealership may have acted dishonestly concerning these warranties.

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Do end-of-year sales really mean good deals?

Shawn Ryder

Understanding Year-End Sales Year-end sales in the automotive industry are typically driven by multiple factors, including inventory clearance, sales targets, and new model releases. Financing Offers: Attractive financing terms, like 0% APR or deferred payment options.

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10 Ways to Upgrade Your Automotive Sales Process

Auto Alert

10 Ways to Upgrade Your Automotive Sales Process In the highly competitive automotive industry, the automotive sales process can make all the difference between success and failure. Here are ten effective ways to enhance your automotive sales process and drive more sales: 1.

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Negotiation Tactics for Automotive Professionals: Strategies for Successful Car Sales

Turbo Marketing Solutions

One crucial negotiation tactic for automotive professionals is to employ the "Anchoring" technique, setting a favorable reference point for price discussions. Preparing for Negotiations Before heading into negotiations, it's essential for automotive professionals to be well-prepared.

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Industry Trends in Marketing and Sales in the Automotive Sector: A Comprehensive Analysis

Turbo Marketing Solutions

In today's fast-paced automotive industry, keeping a pulse on emerging marketing and sales trends can make or break your competitive edge. These nuances reveal the intricate balance between digital convenience and traditional experiences that will shape future strategies in automotive marketing and sales.

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How Data-Driven Insights Are Shaping Inventory Management in Auto Retail

AutoSuccessOnline

Effective inventory risk management is key for a dealership’s success in today’s digitally driven automotive world. A prevalent strategy among dealers is to utilize price markdowns, dealer trades and extended warranty offers to manage inventory carryover. Notably, 40% of dealers apply price markdowns on a weekly basis.

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Wear and Tear Definition in the Automotive Industry

Car Examer

When it comes to cars, the term “wear and tear” gets thrown around a lot, especially in the automotive service and repair industry and abused by service providers including extended warranty companies/brokers and finance companies/brokers. But what does it actually mean?