Autocar
JULY 18, 2024
The dealership, founded 80 years ago, currently holds the MG franchise but will soon quit it due to declining retail sales. According to the trade body, sales of new cars to private buyers fell 12.9% However, according to Platt, sourcing such cars is becoming harder by the month as more dealers compete to buy stock.
Carscoops
JANUARY 5, 2025
Nearly 90% of buyers allegedly paid $2,000 more than advertised between 2020 and 2023. Car dealerships don’t exactly have a squeaky-clean image to begin with, and stories like this one aren’t doing the industry any favors. “Our Office will not let car dealerships profit from unfair and deceptive practices.”
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Carscoops
JUNE 5, 2024
Cybertruck buyers must sign a Motor Vehicle Order Agreement preventing them from flipping the EV. Those who placed an order for a new Cybertruck were required to sign a Motor Vehicle Order Agreement, which prevents buyers from reselling their vehicle for one year. The only issue is that he’s not allowed to. ”
Best Selling Cars Blog
OCTOBER 1, 2024
Dreaming of that new car smell but worried about financing as a first-time buyer? Now, as a first-time buyer, you might face some hurdles. – Dealership financing : Dealerships offer financing through partner lenders, which is convenient but may come with higher interest rates than other options. Don’t sweat it!
Carscoops
JANUARY 8, 2025
A study has found new car buyers are more satisfied with the shopping experience than ever before. EV buyers had the highest satisfaction, while hybrid and ICE buyers were notably less satisfied. Used car buyers weren’t very satisfied as they’re facing elevated prices and limited inventory.
Carscoops
SEPTEMBER 29, 2024
A new study has highlighted the gulf between what new cars cost and what buyers expect to pay for them. Edmunds found that 48 percent of buyers wanted to spend less than $35k, but the average new car costs $48k. Car shoppers returning to dealerships for the first time since before the pandemic are getting a nasty shock.
Carscoops
NOVEMBER 7, 2024
The number of mainstream buyers paying over sticker has dropped 7% in the past year. More: Study Finds 25% Of Car Buyers Won’t Return To Dealership That Charged Above MSRP So what’s behind the improvement? Power says 15% of mass market buyers paid over sticker last year, but that number dropped to 8% in 2024.
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