Dealer World

DECEMBER 10, 2024

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 scammers have gotten smart about using the original payment receipts for trade-ins at other dealerships, creating a domino effect of losses across the industry.

Down Payment 88

Down Payment Electronics Networking Spread 88

AutoSuccessOnline

DECEMBER 13, 2024

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 scammers have gotten smart about using the original payment receipts for trade-ins at other dealerships, creating a domino effect of losses across the industry.

Electronics 52

Electronics Down Payment Networking Spread 52

Auto Remarketing

JANUARY 24, 2025

The reports consumer survey found prospective car buyers are expecting to pay 8% more ($36,732) for their next vehicle than they did a year ago, but interest in buying a new vehicle has shot up 30%, even though the average new-car price began 2025 at a near-record $49,853.

Supply Chain 52

Supply Chain Down Payment Marketing Finance 52