article thumbnail

Mercedes Offers Dealers $3,000 Per EV Sold, Will Buyers Get A Cut?

Carscoops

Dubbed the ‘Q4 2024 EQ Sales Challenge’, the initiative runs through January 2, 2025, and rewards dealers $2,000 for each 2024-model-year electric vehicle sold—provided they meet monthly sales quotas. Still, Mercedes is already dangling significant offers to tempt buyers.

Buyer 105
article thumbnail

Kia Pays Dealers To Offload 2023 EV6s, Which Could Mean A Deal For You

Carscoops

That may not translate to a direct discount for customers, but does give dealers some wiggle room to negotiate with buyers who are on the fence. However, this approach involves dealers meeting specific quotas, with the cash incentives per vehicle increasing if they surpass their targets.

Quota 85
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Get the Best Price for Your Car

Car Examer

Compare prices of similar cars on platforms like Craigslist, Autotrader, and eBay Motors to get a sense of what buyers are willing to pay. Buyers appreciate a well-documented maintenance history, which can justify a higher asking price. However, be realistic—overpricing can deter potential buyers.

Quota 59
article thumbnail

Faster-Responding Auto Retailers Win 8x More Deals, Finds Impel Survey 

AutoSuccessOnline

Half of recent car buyers (49%) said that their most recent experience was no better than previous experiences, driven by significant gaps in dealers’ ability to effectively respond to them. Unfortunately, 58% of car buyers waited for more than an hour to hear back from a dealership after supplying their contact information.

Retail 52
article thumbnail

BLOG OEMs boost marketing spend and incentives to navigate ZEV challenges

Motor Trader

Following the autumn Budget, Carwow found that 30% of car buyers are now more likely to buy used rather than new, while 37% say they are now more likely to favour a cheaper car over the one they were previously considering. For the most proactive retailers, the opportunity to win with used EVs is clear.

article thumbnail

Car Trade-In Value: How to Get Your Highest Offer

Car Examer

Conversely, dealerships may offer lower trade-in values during the winter months or end-of-month sales quotas. Consider Online Car Buyers Online car buying services tools can provide quick and competitive offers for your trade-in. Additionally, considering online buyers and trade-in promotions can provide you with competitive options.

Quota 52
article thumbnail

Experts predict more than two million UK car sales in 2024

Autocar

According to its latest Insight Quarterly report, the baseline figures anticipate “sustained demand” for cars from the fleet sector alongside continually low interest from private buyers.

Sales 64