Wednesday, November 30, 2022
Home Tags Buying a car

Tag: buying a car

Nearly 75% of Potential EV Buyers Still Want the Dealership Experience

The result of the survey is that buyers want both in-person and online shopping options. More than half of those surveyed think the online approach is not acceptable. Dealerships as a whole do not have the greatest reputation, much like politicians and lawyers. Even...

Only 21% of Consumers Think it’s a Good Time to Buy a New Car

This is the lowest figure since the Great Depression. Overall, 57% of consumers have no intention of buying a new car anytime soon. It’s been a rough two years for automakers, dealers, and car buyers. Side-effects of the pandemic have left the industry stirred...

Dealers Who Charge « Market Adjustment » Fees are 25% Less Likely to See the Customer Again

Tesla Store Moving Online
Inflated new vehicle prices are still very common. 80% of buyers in May and June paid MSRP or higher. A recent study has shown that greedy new-car dealers that tack on surcharges to the price of a new vehicle face the very real possibility...

Should You Buy A Demo Vehicle At The Dealership?

Buying a demo vehicle
Buying a demo vehicle can be a great move, but there are a few things to consider If you can find a demo that offers everything you want, it's worth considering There are new cars for sale, and there are used cars for sale....

Average New-Vehicle Transaction Price Soars To $40,000

Mercedes-Benz dealerships
The shift to SUVs and trucks is partially responsible. Also, desirable latest tech and features are pushing prices up. Used car prices are near $28,000. It seems almost unbelievable that the average transaction price for a new vehicle has reached this point, and in...

Australian Mercedes-Benz And Honda Dealers Moving On From Franchise Model

Mercedes-Benz dealerships
Australian dealerships thinking up new ways of doing business The move to an agency-based model means a set price for every model, and a more efficient sales process Mercedes-Benz and Honda making the move Mercedes-Benz will be moving on from a franchise-based dealership model...

Sell Your Car Yourself Or Trade It? The Pros And Cons Of Each Option

Trade in your vehicle or sell it yourself
Trading in your vehicle at the dealership will save you time Selling it yourself will give you more money in your pocket Nothing in life is certain except death, taxes, and the fact that your dealer won't give you what your vehicle is actually...

Three Best Tips To Negotiate The Price Of Your Next Car From a Former Sales Rep

Negotiate the price of your next vehicle
Timing plays a key role in getting a great deal on your next vehicle Don't just focus on the monthly payment Add accessories No other consumer product gets negotiated as much as a new car, and we won't even get into used vehicle negotiation....

The COVID-19 Effect: Carmakers Are Adjusting Their Focus

Buying your first car
The lockdown won’t last forever. Despite the global financial turmoil,  people will want to buy new cars. Manufacturers are putting action plans in place to sway buyers into their products. Product still rules but the message is now about the consumer. From the near...

ADVICE: Several good reasons to opt for a demo

Demo vehicles offer the benefits of a new vehicle with significant rebates Demos are often used as a service vehicle, or by members of the management and sales representatives of the dealership. Sometimes, these models have never been used, but they have been registered...