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Consumer laws shift from dealers to car makers under fixed-price sales model

Drive.com

New-car buyers in Australia will be forced to argue the merits of warranty work with car giants – rather than the dealerships they purchased from – under the fixed-price dealership model. . And it could make life harder for owners.

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Changing Auto Buyer Behavior: Tips to Help Dealers Adapt

Automotive Mastermind

One of the biggest keys to success for dealers in the automotive industry is to consistently keep up with their buyers’ preferences. By looking at industry trends and data, auto dealers are empowered to navigate today’s evolving automotive market and adapt to changing customer buying behaviors. APR in August versus 5.4%

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3 Customer Experience Tips for Dealer Inventory Shortages

Automotive Mastermind

Even as inventory levels begin to normalize , dealers should still expect to see higher interest rates and corresponding monthly payments, likely to continue curbing customer demand and impacting dealership loyalty for the foreseeable future. Customers who are loyal to an automotive brand are invaluable to dealers.

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Greedy Toyota Dealers Slap 2024 Land Cruiser With Ridiculous Markups Of Up To $21,000

Carscoops

While dealers may point to the principal of supply and demand, it remains hard to stomach that they’re openly inflating prices for no other reason than they simply can, and are taking advantage of customers who really want the new Land Cruiser. They never seem to get any less disappointing, though.

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Exclusive: Nio gives its EVs a "European flavour" in Oxfordshire

Autocar

Here in ‘Motorsport Valley’, a small team of engineers are working to provide the Chinese electric car maker’s future models with what its principal chief engineer, Danilo Teobaldi, describes as a “European flavour”. Teobaldi says: “Most Chinese customers place a premium on secondary ride, so shock absorption is important.

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What Determines the Equity in a Vehicle: How is it Calculated?

Shawn Ryder

Whether you are a car buyer, seller, or even a dealership, understanding vehicle equity can be helpful in making informed decisions. This includes the principal amount borrowed, interest, and fees that need to be paid back to the lender. Vehicle equity is crucial for both buyers and sellers. What is Vehicle Equity?

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Improving the EV sales experience

Canadian Auto Dealer

We may have to tell a customer what type of fuel to put into the car, but for EV we have to explain about charging capacity, weather degradation and all of these new things that are not big deals at all, but for the average salesperson it’s a real shift in the way that they historically sold the products that we sell.” Decide for yourself.”

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