AutoSuccessOnline

AUGUST 12, 2024

Used car retailers such as Carvana have also reported growth in used EV sales, and Carvana’s average used BEV price in Q1 was $31,000, a decrease of 16% year-over-year. Many buyers can also take advantage of the Federal Used Clean Vehicle Credit, providing an extra incentive for consumers to consider a used EV purchase 2.

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Autocar

NOVEMBER 18, 2024

Earlier this year, the FCA also cracked down on guaranteed asset protection (GAP) insurance from which dealers also took a commission for selling to car buyers. Some firms were paying out as much as 70% of the value of insurance premiums in commissions, the FCA found. “I

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Shawn Ryder

FEBRUARY 7, 2024

The F&I manager will also offer additional products such as extended warranties and GAP insurance. MSRP (Manufacturer’s Suggested Retail Price) The price that the manufacturer recommends the dealership sell the car for. Knowing this price can give buyers leverage during negotiations.

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