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Dirtbag English Car Dealer Gets Jail Time for Ripping People Off

The Truth About Cars

While there are absolutely exceptions, the days of the super-sleazy used car dealer seem to be behind us here in the States. Anyone ripped off by one of them probably wishes we had laws like those in England, where a shady dealer recently got jail time for his actions. They found Smith’s bank account packed with 1.1

Dealers 105
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Please Pick an Actual Color for Your Next Car Purchase

The Truth About Cars

The cause behind some of this is certainly buyers’ behavior, but it’s a bit of a chicken-or-egg scenario with dealers. People buy the cars that dealers stock, and an overly cautious store might only want colors it knows it can sell, leaving buyers with fewer choices.

Purchase 111
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Dealer Groups are Up In Arms About Potential for Scout and Sony Afeela to Sell Cars Directly to Buyers

The Truth About Cars

Dealers are often the first group to sound concerns when something changes in the auto industry, whether they’re justified in their complaints or not. The group placed an ad in the April 15 issue of Automotive News and has collected support from all 50 state and 21 metro-area dealer associations.

Dealers 104
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Elon Musk comments on Tesla’s pricing strategy following cuts

Teslarati

On Saturday, Tesla also cut the price of the outright FSD purchase option , to which some consumers and shareholders responded with frustration. Other cars change prices constantly and often by wide margins via dealer markups and manufacturer/dealer incentives. Only a fool thinks the “MSRP” is the real price.

Price 130
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BMW Offering Significant Discounts On the Polarizing XM SUV

The Truth About Cars

The SUV is available with a $17,500 lease discount and a $15k purchase incentive. BMW alerted dealers to the discounts on June 3, and buyers can combine the purchase discount with the automaker’s five-year, 3.99-percent percent financing deal.

BMW 104
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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. How this works: the automotive dealer will provide a credit to the buyer at the time of purchase which will act as a down payment or a partial payment for the EV.

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Upcoming Changes to the Clean Vehicle Tax Credit Explained

Blink Charging

These changes make it easier for drivers to access tax credits when purchasing clean vehicles. Now consumers will be able to transfer their tax credit directly to the dealer at the point of sale. This simplifies the process, benefiting both consumers and the dealerships, but it also requires dealers to register on an IRS portal.