Remove Customer Remove Development Remove Down Payment
article thumbnail

COMMENTARY: Love is in the air, but is it real?

Auto Remarketing

Lets be a customer for a moment: According to the United States Census Bureau: The average salary for an individual worker is $65,470.That Not only for this next purchase, but more important, to get them to be a repeat customer? Remember, 70% of a new car customers have a trade. Is that love real or imagined ?

article thumbnail

Prejudging No-Credit Buyers is Costing You Deals

AutoSuccessOnline

Anyone who’s ever sold cars for a living has had this experience: a customer walks into your showroom, they express great interest in a particular vehicle, then the deal falls apart practically before it even begins. By embracing new lending models, you can turn seemingly unqualified buyers into loyal customers.

Buyer 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

You Can’t Buy The 2,000HP Hyperion XP-1 Hypercar, But You Can Bid On A Prototype

Carscoops

One of seven development vehicles of the Hyperion XP-1 is offered for sale in excellent condition with minor flaws. Hyperion Motors has yet to unveil the production version of their XP-1 hypercar, which was originally announced in 2020 promising wild specs and the use of NASA-developed technology.

article thumbnail

How does downpayment plus loan work?

Shawn Ryder

Two key concepts that often come into play are down payments and loans. This guide will comprehensively cover the mechanics of down payments and loans, along with practical tips that can empower buyers and enhance dealership credibility. It also reduces the loan amount, resulting in lower monthly payments.

article thumbnail

Ford CEO: We won't make "a Mustang that's not a Mustang"

Autocar

The recently launched, Nürburgring-honed, £240,000, 800bhp GTD is a “down payment” on the model’s new direction, he explains, although the game plan is firmly to keep making enticing cars that are attainable. In the past, we’ve sponsored people to help them become successful, but now we’ve launched a customer business.

article thumbnail

Working Together: How Auto Industry Players Are Fighting Back Against Digital Fraud

Dealer World

The customer seemed legitimate, the electronic payment cleared initially, and everything appeared to be by the book." They promise below-market prices but require a hefty 50% down payment. But then things went sideways. The scam works like this: Fraudsters connect with buyers looking for deals on vehicles.

article thumbnail

COMMENTARY: May is Mom’s month & necessity is mother of invention

Auto Remarketing

We reviewed our online shopping experience and realized we had to remove any obstacles — make it possible for a customer to 100% buy online. Even better news: Customers still prefer to come to dealerships to complete their transaction. What do you want your payment to be? What’s your down payment? Don’t believe me!