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Ferrari Wants To Charge Owners With $7,500 Yearly Battery Fee

Carscoops

Ferrari offers $7,500 annual battery subscription for extended warranty and potential replacements. Subscription aims to boost revenue and ease customer concerns about battery life in hybrids, EVs. Ferrari hopes the plan incentivizes wealthy buyers to switch to electrified models.

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4 Buyer Personas for Dealers to Know in 2024

Automotive Mastermind

As we approach 2024, it’s more crucial than ever for dealerships to stay ahead of the curve when it comes to knowing their customers. Buying behaviors, preferences, and product mixes are changing and new customer types are emerging. Today’s buyers in the U.S. auto dealers. auto dealers.

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EVs are up to 50% more expensive to repair than ICE

Motor Trader

Colinswood added: “By combining an honest discussion about repair costs with a positive outlook on the benefits of EV ownership, motor dealers can build trust and encourage buyers to invest in extended warranties.”

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MG 4 owner compensation for $10,000 price cut is a discount on another MG

Drive.com

Buyers of an MG 4 electric car in 2024 who took delivery before substantial price cuts of up to $10,000 will be offered a discount on their next MG purchase – rather than money back from the purchase of their vehicle. Instead, customers will be eligible for a discount on the purchase of a new MG – provided they trade in their current car.

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New survey lifts the lid on discounting

Motor Trader

April’s Startline Used Car Tracker also shows that 22% agree customers feel better about their deal if they achieve a small discount – although 33% believe fewer customers walk away because they don’t get the discount they want. The key is arriving at a deal with which the buyer feels satisfied.”

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Nissan Allows Dealers To Sell Cars At A Loss, Up To 15% Below Invoice

Carscoops

According to Cox Automotive, vehicles on Nissan dealer lots are sitting there for around 98 days before buyers snap them up. In addition, dealers can advertise the below-invoice price and then attempt to upsell the customer into a better-equipped trim level.

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7 Car Sales Tips: Effortlessly Close Deals

Auto Alert

Helping customers discover their dream car is deeply fulfilling, but the journey can often be complex. If you’ve encountered hesitation from customers after investing significant effort, we’re here to assist you in overcoming these challenges and boosting your car sales with proven strategies.

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