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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. The post Prejudging No-Credit Buyers is Costing You Deals appeared first on AutoSuccessOnline.

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Negative equity in car – cover with down payment or use for newer vehicle?

Shawn Ryder

If you’re considering whether to apply your down payment toward covering negative equity or if you should use it for a newer vehicle, it’s essential to understand the implications of each choice. These losses can sometimes outpace the rate at which car owners pay down their loan balances.

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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.

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

Auto Remarketing

Online sites now give them the information they used to receive at the dealership: Best price, trade-in evaluation, down payment and total payment. 1 place dealers can lose their car deal. The sales process today needs to start where the customer left their online research and not at Step 1 in a 10-step sales process.

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Media post: Long-Term Car Rentals vs. Buying – Which is the Better Option in 2024?

Best Selling Cars Blog

Monthly car rental Dubai service will provide more freedom and liberty in such a developed city. With no down payment and minimal initial expenses, rental services provide the means of transport you need. Also, affordable deals will be available when you rent from the right service provider.

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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." The scam works like this: Fraudsters connect with buyers looking for deals on vehicles. They promise below-market prices but require a hefty 50% down payment. But then things went sideways.

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COMMENTARY: Welcome to the new normal! What’s changed?

Auto Remarketing

The short answer is: We got better at giving shoppers the information they need online to help shoppers make a decision: — Best Price — Trade amount — PaymentDown Payment — Credit approval Please tell me you’re not one of the dealers that still believes if you give shoppers too much information they won’t come into your store.