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Navigating Inflationary Pressures on Vehicle Ownership: A Guide for Auto Dealers

AutoSuccessOnline

Let’s explore the factors driving inflation in the automotive market and discuss strategies for dealers to support their customers through these difficult economic conditions. The key inflationary impacts to vehicle ownership include purchase prices, interest rates, maintenance, repairs, insurance and fuel costs.

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California DA Sues Progressive, USAA Insurers For ‘Lowballing’ And Screwing Drivers

Carscoops

In her lawsuit, she claims that the insurers deliberately lowballed consumers so that it wouldn’t have to pay for repairs, and could recoup money at the scrap auction. ” Price argues that the impacts of this pattern of behavior has ripple effects that extend beyond the insurance companies’ customers.

Insurance 111
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Bargain or burden? The truth about buying a Fisker Ocean

Autocar

Assuming a stockpile of spare parts and body panels existed to support production, it’s possible that they might be offered to the market by a third party if Fisker cannot be saved. By March this year, approximately 5000 cars remained unsold. The availability of software updates is less certain. We continue to monitor the situation.”

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Is Your F&I Product Lineup Balanced & Diversified?

AutoSuccessOnline

As the market shifts toward a variety of alternative fuel vehicles, dealers are looking to embrace this change and diversify their F&I portfolios to stay competitive and meet consumer demands. Offering VSCs provides customers with extended coverage beyond the manufacturer’s warranty, safeguarding against costly repairs.

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Hyundai Dealer Bait And Switch Sees Sonata Price Go From $13k To $21k

Carscoops

It includes features like lost-key replacement, fabric repair, windshield repair, and roadside assistance. Vehicle prices are subject to change at all times, do not include adds or other fees, and may be subject to a Market Adjustment that is not reflected in the advertised price.” “Buyers beware.

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Select Car Leasing partners with MotorEasy

Motor Trader

Mark Tongue, Joint CEO and Founder of Select Car Leasing, said: “The collaboration provides additional peace of mind to Select’s extensive database of customers and also introduces MotorEasy’s membership of more than one million car owners to some of the most competitive lease deals on the market. Alloy Insurance begins at £6.50

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Does it make sense to lease?

Shawn Ryder

Maintenance and Warranty Benefits Most leased vehicles are new and under warranty: Covered Repairs: Maintenance and repair costs are often covered, allowing for worry-free driving during the lease term. Older Vehicle Considerations: Owners may face increasing repair costs as vehicles age, impacting overall affordability.