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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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Upstart Unveils Enhanced Showroom, Financing Solutions

AutoSuccessOnline

Upstart announced the largest and most significant set of product enhancements to the in-store and financing solutions on its Auto Retail platform. The enhancements empower dealerships to more easily configure and efficiently manage the sales process, desk deals, streamline financing workflows and close sales more quickly. The result?

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Guide to the Common Dealership Terms When Buying A Car

Car Examer

Understanding these terms can help you feel more confident, negotiate better, and ultimately drive away with a great deal. List Price The list price is the manufacturer’s suggested retail price (the “sticker price”). This amount determines the balloon payment and gives you a clear idea of the car’s value if you decide to keep it.

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Tesla deals could push EV sales to record levels in September

Autocar

Tesla’s direct-sales model fixes the price of the cars but the US company has more flexibility when it comes to finance, hence the generous three-year, 30,000-mile deal. With the down payment, it works out at £424 a month, less than the price of Hyundai’s lease deal on a Kona small electric SUV with the 65kWh battery.

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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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Improve Your Dealership’s Digital DNA

DealerTrack Insights

GO DIGITAL TO SAVE TIME AND MONEY Digital retailing and online credit applications let your customers build and customize their dream ride and their deal terms, and apply for financing from your website, while digital menu technology helps buyers select aftermarket and F&I options with ease.

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

AutoSuccessOnline

. “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.