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What Every First-Time Car Buyer Wishes Their Dealer Knew

Auto Alert

What Every First-Time Car Buyer Wishes Their Dealer Knew A first time car buyer has unique needs. Many first-time buyers enter the dealership with enthusiasm but often leave feeling uncertain or pressured. They Fear Getting Ripped Off Many first-time buyers worry theyll overpay or be misled during car-buying.

Buyer 59
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Leasing A VW ID.4 For $190 May Make You Rethink That Tesla Model Y

Carscoops

New financing deals could help buyers save over $12,000 on a higher-spec ID.4. Buyers can lease the ID.4 It’s generally not advisable to put cash down on a lease because GAP insurance will only cover the remaining balance and not the downpayment if the car is totaled or stolen. Factor in that $999, and leasing an ID.4

APR 98
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First Toyota Land Cruiser At Auction Goes Just Over MSRP, Sign Of Markup Fatigue?

Carscoops

What appears to be an attempt at flipping a Toyota Land Cruiser brought just $4,631 over MSRP at auction. Regardless, it’s a great example of why buying over MSRP is a bad business decision. After a noteworthy auction on Cars&Bids, the vehicle sold for $83,000, or just $4,631 over MSRP. Its MSRP stood at $78,369.

MSRP 85
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Are electric cars really that much more expensive to insure?

Drive.com

High insurance costs are often cited as a barrier in electric car adoption in Australia. With more affordable electric vehicles entering the market, the price barrier between electric vehicles (EVs) and traditional petrol and diesel cars that once held back consumers is eroding, with buyers having more options than ever before.

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New Car Inventory Growth

DealerXT

Rising Stock Levels Offer Buyers More Options Amid Market Changes Sales Drop 1.8% Retailer Profits Take a Hit Retailer profit per unit, including vehicle gross profit and finance/insurance income, is forecasted to be $2,294—down 29% from September 2023. Rising inventory levels drive this decline, with fewer vehicles selling above MSRP.

Retail 52
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Owning A New Car Becoming A Fantasy For Millions Of Americans Making Under $100K

Carscoops

For vehicles rolling off the assembly line, the average MSRP is now 30 percent higher than it was before the pandemic. The staggering rate of inflation, growing new car prices, and the shrinking supply of affordable vehicles mean that the dream of owning a vehicle is not an affordable one for the majority of Americans.

Insurance 116
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Nissan Lowers Price of Ariya EV Now Starting at $39,590

Automotive Addicts

Nissan’s latest move in the electric vehicle market, slashing the price of its 2024 Ariya model, signals a strategic shift aimed at widening its appeal among EV buyers. The Ariya boasts a range of features designed to appeal to discerning buyers.

Insurance 105