Some shady dealers will entice car buyers with low advertised rates but raise rates after the buyer signs a contract. This deceptive practice is calledyo-yo financing. And while it may seem similar to conditional approval, the practice is illegal. ...
Ignis is a compact urban car with a high SUV-like stance that lets you drive through the packed streets of the city, with ease. The host of features offered, the car’s capability and its tough & sporty design makes it the perfect urban city car, ready and ‘toughened’ for any city...
retail standards. Those vehicles that do not meet our retail standards are sold to licensed dealers through our on-site wholesale auctions. Unlike many other auto auctions, we own all the vehicles that we sell in our auctions, which allows us to maintain a high auction sales rate...
We reserve the right to limit or prohibit orders that, in our sole judgment, appear to be placed by dealers, resellers or distributors.You agree to provide current, complete and accurate purchase and account information for all purchases made at our store. You agree to promptly update your ...
The proportion of people who would rather give up their car than their smartphone is already high and could grow significantly over the next 5 to 10 years, according to a new survey.
Credit Acceptance Corp., the lender to car buyers with subprime credit scores, warned it’s seeing a sharp drop-off in payments as people shift their financial priorities to get through the coronavirus pandemic. Continue reading by subscribing to Automotive News! Subscribe and get access to articl...
John knows cars and John knows people. If you're telling him the truth on-air about your vehicle’s condition, equipment, and mileage, then he will make an offer. For the last twenty years, he’s s been buying cars sight-unseen from dealers all over the country, based entirely on a...
“We're helping people manage money that aren't good at doing it on their own,” he said. Squeezing hefty payments from credit-challenged people is possible because Buy Here Pay Here dealers don't use outside lenders to finance their sales. In a conventional auto loan, the dealer is a ...
“Business day”, any day during which the service departments of authorized dealers of the manufacturer of the motor vehicle are normally open for business. “Consumer”, a buyer or lessee, other than for purposes of resale, of a motor vehicle, any person to whom such motor vehicle is tran...
Nissan management was still very skeptical about the commercial viability of sports cars, which they saw as frivolous, with little profit potential. The failure of the Nissan Silvia coupe undoubtedly didn’t help, but the response of the U.S. dealers did suggest that there might be some intere...