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You realize the potential buyer has no credit history, so you conclude that they have no chance of being able to finance the car. By embracing new lending models, you can turn seemingly unqualified buyers into loyal customers. The post Prejudging No-Credit Buyers is Costing You Deals appeared first on AutoSuccessOnline.
Upstart announced the largest and most significant set of product enhancements to the in-store and financing solutions on its Auto Retail platform. Sales managers can adjust all deal details including multiple downpayment options and finance, lease and cash options in one view with just a few clicks. The result?
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The scam works like this: Fraudsters connect with buyers looking for deals on vehicles. They promise below-market prices but require a hefty 50% downpayment. The message is clear: survival in today's auto retail environment means working together. The worst part? Not with these sophisticated fraud rings out there."
With the downpayment, it works out at £424 a month, less than the price of Hyundai’s lease deal on a Kona small electric SUV with the 65kWh battery. To take advantage of the offer, Tesla buyers must take delivery before of the end of the month, which also marks the end of the financial quarter for the company.
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The scam works like this: Fraudsters connect with buyers looking for deals on vehicles. They promise below-market prices but require a hefty 50% downpayment. 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. .
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