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

Dealer World

The story spreading through dealership break rooms across the country is becoming all too familiar. A new wave of digital payment fraud has hit the auto industry hard, with a particularly nasty scheme targeting Chinese-speaking communities through WeChat. They promise below-market prices but require a hefty 50% down payment.

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

AutoSuccessOnline

The story spreading through dealership break rooms across the country is becoming all too familiar. A new wave of digital payment fraud has hit the auto industry hard, with a particularly nasty scheme targeting Chinese-speaking communities through WeChat. They promise below-market prices but require a hefty 50% down payment.

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How to Haggle Car Price Like a Pro

Your Car Buying Advocate

MSRP stands for Manufacturer’s Suggested Retail Pric e. Imagine financing like this : It’s a way to break up the cost of the car into smaller, more manageable payments spread out over time. What does "retail price" mean? The retail price is another name for the sticker price. What are "invoice prices"?

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