Many financial experts emphasize that purchasing an affordable used car and holding onto it for years is one of the most cost-effective strategies for car ownership. However, choosing the wrong vehicle or buying from an…
Should America Phase Out Car Dealerships in Favor of Direct Sales
The traditional car dealership model has been a cornerstone of the American automotive industry for decades. However, the rise of direct-to-consumer sales models, particularly popularized by electric vehicle manufacturers like Tesla, has sparked a debate…
Car Dealerships Struggle to Sell EVs as Surplus Grows and Consumer Demand Remains Weak
Many car dealers across the United States are expressing concerns about weak demand for electric vehicles (EVs), despite a record number of EVs being sold nationwide in 2023. Over one million EVs were sold last…
Three million five hundred thousand instances of fraud occurred in 2024, resulting in £11.4 billion being stolen from consumers, as reported by the Global Anti-Scam Alliance. An unusual rise in these fraudulent activities targeted used…
Dealer Markups on New Cars Profiteering or Just Business
The practice of dealer markups on new cars has become a hotly debated topic in the automotive industry. With the growing demand for vehicles, particularly in the post-pandemic era, the gap between the manufacturer’s suggested…
Why Auto Dealerships Need a Digital Presence to Succeed
If the thought of buying a new car at a dealership fills you with dread, you’re far from alone. A survey conducted by Harris Poll revealed that 61% of Americans “feel like they’re taken advantage…
When purchasing a car, the listed price is rarely what you’ll pay. Dealerships often tack on a variety of additional charges, such as documentation fees, delivery fees, and dealer preparation costs. While some of these…
