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Working Together: How Auto Industry Players Are Fighting Back Against Digital Fraud

Dealer World

"The customer seemed legitimate, the electronic payment cleared initially, and everything appeared to be by the book." The scam works like this: Fraudsters connect with buyers looking for deals on vehicles. They promise below-market prices but require a hefty 50% down payment. But then things went sideways.

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Improve Your Dealership’s Digital DNA

DealerTrack Insights

With digital contracting, electronic signature, and remote signing, you can say goodbye to paper contracts and let your customers sign on the dotted line without the paper shuffle, and from the comfort of their couch.

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Working Together: How Auto Industry Players Are Fighting Back Against Digital Fraud

AutoSuccessOnline

. “The customer seemed legitimate, the electronic payment cleared initially and everything appeared to be by the book.” The scam works like this: Fraudsters connect with buyers looking for deals on vehicles. They promise below-market prices but require a hefty 50% down payment. The worst part?

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What to Look For in a Used Car: A Buyer’s Checklist

Cartime Super Center

They also can cost less to insure and allow buyers to enjoy more of the features they love. You’ll need to consider the down payment, the value of your trade-in , and the monthly payment. Next up is checking the electronics, mechanisms, and similar components that can affect reliability, comfort, and safety.

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The Roles and Responsibilities of Auto Dealerships in Green Vehicle Tax Credits

AutoSuccessOnline

As a way for the federal government to incentivize green vehicle ownership, the Inflation Reduction Act of 2022 expanded the ability for buyers of clean vehicles to claim tax credits for their purchases. Dealers should use the IRS’s Energy Credits Online (“IRS ECO”) tool to electronically submit the required reports.