Buyer Customer Gap Insurance 
AutoSuccessOnline
AUGUST 12, 2024
Many buyers can also take advantage of the Federal Used Clean Vehicle Credit, providing an extra incentive for consumers to consider a used EV purchase 2. Offering VSCs provides customers with extended coverage beyond the manufacturer’s warranty, safeguarding against costly repairs.
Carscoops
MAY 26, 2024
The website explicitly says “No Dealer Add Ons Ever” Some car dealers will say anything, even stretching the truth, to get customers in the door. Toyota Corolla Buyer Teaches Us How To Beat Dealer Markups A Redditor posted a photo of the paperwork they claim is from the dealer for the Sonata in question. “Dishonest.
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Autocar
JUNE 28, 2024
The owner dilemma Remarkably, throughout this turbulent period, UK car buyers have continued to purchase new and used Oceans. A spokesperson for Admiral said: “We are reviewing whether we will continue insuring new customers with Fisker Ocean cars in light of the situation and are in communication with our repair networks.
Autocar
NOVEMBER 18, 2024
However, customers are starting to ask exactly what they’re getting for their money. “I Overcharging consumers can have other dangerous consequences beside denting customer loyalty, as dealers and finance companies are finding out. Many dealers now bundle EV servicing into a package deal with monthly payments.
Shawn Ryder
FEBRUARY 7, 2024
F&I (Finance and Insurance) A department within a dealership responsible for arranging financing and insurance for customers purchasing vehicles. The F&I manager will also offer additional products such as extended warranties and GAP insurance. It’s often used as a starting point for negotiations.
Autocar
NOVEMBER 11, 2024
Commissions paid unknowingly by customers have accounted for large chunks of profits for dealers, which have teams dedicated to growing revenue from finance and insurance deals, or ‘F&I’ (including GAP insurance). The changes mostly affect buyers of second-hand cars through dealers, said Young.
Canadian Auto Dealer
JUNE 3, 2024
Overwhelm your customers and they buy less A December 2023 white paper by CDK Global sheds light on some evolving dynamics in automotive, particularly in the world of Finance and Insurance (F&I departments). Additionally, the white paper highlights how buyers perceive their interactions with business managers.
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