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Explaining Vehicle Financing to the Customer
2013-07-31 14:37:06| AutomotiveDigest.com - Automotive Industry News
Background: With prices averaging more than $28,000 for a new vehicle and $15,000 for a used vehicle, most consumers need financing or leasing to acquire a vehicle. A common type of vehicle financing is dealership financing. In this arrangement, a buyer and a dealership enter into a contract where the buyer agrees to pay the amount financed, plus an agreed-upon finance charge, over a period of time. The dealership may retain the contract, but usually sells it to an assignee (like a bank, finance company or credit union), which services the account and collects the payments. The Problem for Dealers: If you want to sell the car and keep the customer for life, you need to make sure your sales staff can make the potential customer feel comfortable and that your dealership is trustworthy. How are you going to do this? Staying on the same page with your customers requires well-defined actions on the part of the dealership, the GM and the staff. The advice suggested here is intended to put you on the right path for trustworthy customer relations that will last. [Read more]The Article Explaining Vehicle Financing to the Customer appeared first on Automotive Digest.
Tags: customer
vehicle
financing
explaining
MESSRING Is Building the World's Most Cutting-edge Crash Test Systems for the New Vehicle ...
2013-07-31 06:00:00| Industrial Newsroom - All News for Today
MESSRING is Building the World's Most Cutting-edge Crash Test Systems for the New Vehicle Safety Technology Center of Daimler AG in Sindelfingen<br /> <br /> MUNICH - MESSRING's 100th crash test facility/facility construction in Stuttgart-Sindelfingen is in full progress - project scheduled for completion in 2016<br /> <br /> DAIMLER AG awarded its large-scale contract for constructing the new, forward-looking vehicle safety technology center to market leader MESSRING. Based in Munich, ...This story is related to the following:Transportation Industry ProductsSearch for suppliers of: Impact Testers | Testers |
Top Performing Dealers in Used Vehicle Sales
2013-07-31 04:08:45| AutomotiveDigest.com - Automotive Industry News
1. Used vehicle sales and dealer revenue had a great year in 2012. 2. Victory Automotive Group was top in retail used car sales at 21,071 units sold. 3. Greenway Automotive had the best retail used revenue at $264.3 million. 4. Carl Gregory Enterprises sold 3,659 units to top wholesale sales. 5. Carl Gregory Enterprises also was No. 1 in wholesale revenue at $20 million.The Article Top Performing Dealers in Used Vehicle Sales appeared first on Automotive Digest.
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sales
vehicle
performing
Electric BMW i3 comes with backup vehicle
2013-07-29 22:14:00| CNET News.com
BMW may ease i3 road trip worries by loaning other cars, iPhone "5C" packaging spotted online, and more details leak about the Moto X smartphone. [Read more]
Tags: electric
vehicle
bmw
backup
VIDEO: Ford ends UK vehicle production
2013-07-26 15:02:55| BBC News | Business | UK Edition
Ford ends more than a century of vehicle production in the UK when its Transit van factory in Southampton closes its doors for the final time on Friday.
Tags: video
production
ends
ford
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