Expert Advice for Car Dealers

All Articles on Car Dealers

Cars & Bids Is a Nifty Site To Auction Off Cars
Buying and selling cars online has become commonplace in the last few years, but it can be hard to know which sites to trust with your time and money. Cars & Bids is a great auction-style way to sell your car or buy a new one, though it depends on what you have and what you’re looking for.
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Jerry
May 07, 2022
What, Exactly, Is a Virtual Reality Car Showroom?
Virtual reality is the marketing technology of the future; find out how car dealers and their parent companies are using VR to create an immersive showroom experience to woo customers.
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Jerry
May 03, 2022
Carvana's Car Vending Machines Are a Big Hit
Carvana’s car vending machines have become quite popular due to their ease of use and unique way of getting a car.
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Jerry
Feb 19, 2022
General Motors Warns Dealerships To Stop Shady Pricing Tactics
General Motors falls in line with other major automakers including Ford to maintain fair pricing at dealerships.
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Jerry
Feb 07, 2022
A Florida Car Dealership Owed It's Employees $36,000
Florida car dealership Step One Pensacola fraudulently withheld $36,000 in wages from employees. 16 of the dealership’s employees are owed wages from back pay due to overtime.
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Jerry
Apr 27, 2022
Here's Why You're Seeing Fewer Christmas Car Commercials This Year
Due to global supply chain issues and ongoing chip shortages, there are fewer cars on automakers’ lots this December—and fewer Christmas car commercials. 
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Jerry
May 12, 2022
The Breakdown on CarMax: Is It a Good Deal?
CarMax makes it convenient to shop for cars online, but it does have some drawbacks. You might see some additional fees tacked on to your purchase.
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Jerry
Apr 27, 2022
Is It Worth It to Fill Your Car Tires With Nitrogen?
Some people will tell you that filling tires with nitrogen helps them stay inflated and last longer. Are they telling you the truth?
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Jerry
Apr 27, 2022
Jay Cimino Is the Colorado Auto Dealer of the Year
Phil Long Dealerships are known for excellent customer and employee satisfaction, which is why its current CEO, Jay Cimino, is the Colorado Auto Dealer of the Year.
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Jerry
Apr 27, 2022
Ford Dealers Encouraged to Snitch on Each Other for Selling Below MSRP
Like other automakers, Ford has a serious supply issue. As such, the company can't afford for dealerships to sell new cars below MSRP.
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Jerry
Apr 27, 2022
What to Do If You're Scammed by a Car Dealership
Car buyers can take action when a car dealership has scammed them, such as talking to the dealership, reporting them, and taking legal action.
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Jerry
Apr 27, 2022
How to Become a Car Dealer
This is a guide on how to become a car dealer. Although the process to become a car dealer varies among states, it always requires the submission of a dealer application form.
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Jerry
Apr 27, 2022
Carvana Sends Wrong Car to Buyer and It Turned Into a Nightmare
Carvana offers one of the most appealing propositions in the car buying industry. But what happens when the process isn't as easy as advertised?
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Jerry
Apr 27, 2022
Should You Buy Your Car From an Online Dealership?
Buying a car from an online dealership can mean less shopping time and higher trade-in offers. There are still benefits to being able to test drive your car in-person.
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Jerry
Apr 27, 2022
Indianapolis Car Dealership Plans To Give Away a Car Every Month
Indy Auto Man is a used car dealership that’s been giving away free cars to people in need. They hope to keep doing this once a month.
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Jerry
Apr 27, 2022
YouTube Content Creators Are a Big Part of Car Advertising
Companies should invest in YouTube reviews for car advertising. Since car buyers are doing more online research when buying a car, connecting with them online is essential.
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Jerry
Apr 27, 2022
West Virginia Dealer Faces Lawsuit After Selling Vehicles With Major Problems
Used car salesmen Mr. V and Sons in West Virginia are accused of selling defective cars. A lawsuit and court order have been issued by the state attorney general Patrick Morrisey.
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Jerry
Apr 27, 2022

All Questions on Car Dealers

Does a dealer still need to run my credit if I got preapproval for a loan?
I got preapproval for a car loan from my credit union. When I went to the dealer, they insisted that I undergo a credit check before buying a car. Do I have to submit to this if I already have financing?
Eric Schad
Aug 12, 2021
Should I opt for car incentives and rebates or a lower interest rate?
"I'm shopping for a car and in quite a conundrum. My credit union has offered me a rate of 1.7% for 48 months. On the other hand, the dealer has offered $3,500 off the price of the car if I accept a 5.7% loan for 48 months. The amount I need to finance without the $3,500 off is $31,500. Should I go for the incentives or the lower interest rate?"
Eric Schad
Aug 10, 2021
What do you typically need to qualify for 0% APR financing?
The local Kia dealership is offering 0% financing for new cars, but in the fine print it reads for qualified buyers. What do I need to qualify for 0% APR financing?
Eric Schad
Aug 02, 2021
Does Honda offer gap insurance?
Can you get gap insurance on a used car? I'm thinking about buying a certified pre-owned Honda and I'd want to purchase gap insurance. Is this available through the dealership?
Sophie Newman
Jul 23, 2021
Why doesn't Chase have any record of a car loan that the dealer said they financed through them?
I'm a first-time car buyer. I went to purchase a vehicle with financing and the dealer said they were working with Chase. I was skeptical of the agreement from the start, as some of the initial numbers (interest rate and principal) they gave me don't match the numbers on the loan agreement. I also called Chase and they have no record of any loan. What gives?
Eric Schad
Jul 30, 2021
How do I get financing on a car that I want to special order from a dealer?
I want to get a high-end BMW with a ton of extras, such as interior options and special paint. I need financing on the vehicle, but because mine isn't on the lot, I wasn't sure how that worked. How and when do I get financing on a special order from a car dealer?
Eric Schad
Jul 30, 2021
How long does car delivery take?
I’m thinking of purchasing a car from a dealer, but I want a specific model. I don’t want to wait weeks for it to get here. How long will I have to wait for my car to be delivered?
Liz Jenson
Jan 28, 2022
How long is the average car loan?
I was thinking of getting a car loan, and just out of curiosity, I wanted to know what the most common length for a car loan is.
Eric Schad
Nov 16, 2021
Can I get a lower price if I finance through a dealer?
I was looking at financing a car, and the price has consistently dropped. I was wondering if I could get them to go even lower if I finance with them. Is this a possibility?
Eric Schad
Aug 02, 2021
How do you make a new car key?
How do you make new car keys when you lose your old ones? I lost my keys recently, and I need a new one for my car, but I’m not sure how to make a new one.
Liz Jenson
Nov 20, 2021
How do you get a car dealership to sponsor you?
I’m organizing a large charity event in my county and thought it would be amazing if we could get a car dealership to sponsor us. Any ideas on how we can get a car dealership involved?
Chloe Jenkins
Dec 21, 2021
Why do dealers want to know how you're going to pay for a new car?
Why do dealers ask how I'm going to pay for a new car? I've bought several cars from dealers and I always get asked how I'm going to pay for the car.
Eric Schad
Jul 03, 2021
How do you get a car dealer license in Nebraska?
I live in Lincoln, and I’m looking to start my own business. Car dealerships have always been lucrative and they allow people to get something they really need. How can I get a car dealership license here in Nebraska?
Chloe Jenkins
Dec 21, 2021
Should I sign on a 2.9% car loan or can I do better?
"Is 2.9% a good deal or can I do better with my perfect credit? I found the perfect car at a dealership and they are advertising a 2.9% special interest rate financing."
Johnny Puckett
Feb 28, 2022
Is CarMax a good place to get financing for a car?
I have my eye on a car at CarMax because of its low mileage and good price. Should I also go through them for financing? I've heard both the good and bad. Is CarMax a good place to get a car loan?
Eric Schad
Aug 02, 2021
What should I do if paperwork errors from the dealer caused a late payment on my car loan?
After a comedy of errors, I finally received my welcome packet and letter from my car loan lender about two months after I purchased the vehicle.The lender says that I'm two weeks late on my first payment although they have a 30-day grace period. I called the dealer and they said they'd make the first month's payment for me. A week later, I called the lender and they still haven't received payment. Should I trust the dealer or should I make the payment myself?
Eric Schad
Aug 02, 2021
Can dealerships lie to you about your credit score?
Do dealers lie about credit? I was buying a car and when the dealer pulled my credit score, they said it was 688. I know for a fact it's 707.
Eric Schad
Jul 16, 2021
How much do I need to pay to take my car off the lot?
I got my final quote today. Everything looked fine until I reached the payment. It says it costs $117 (including the down payment), but then it says plus five $98 payments. Should I be paying the $117 today, or do I also need to pay $98?
Joshua Levy
Dec 20, 2021
Should I use my preapproval rate of 2.79% to negotiate a price with the dealer?
I went to a dealer and they offered me a financing rate of 9.49%, which I found unacceptable. I then went to my bank and they gave me a rate of 2.79%. Should I use the bank interest rate as a bargaining tool to get a lower price on the car, or should I just accept the rate as a discount on the car?
Eric Schad
Aug 02, 2021
How can I beat a car salesman at his own game?
How do you beat a car salesman at negotiating? I want to trade in my current vehicle for a new car. It’s been a while since I’ve been to a dealership; I don’t know what kind of tactics car salesmen use now, and I don’t want to settle on the first price.
Phoebe Mah
Nov 05, 2021
Can you be denied for a car loan after you've taken possession of a vehicle?
I got financing through a dealer for a used Lexus. Two weeks after driving the car off the lot, I got an adverse action notice in the mail saying I've been denied the loan. Why would this be? Can I actually be denied financing after taking possession of the car?
Eric Schad
Aug 02, 2021
Should I finance a car with a warranty or buy a car with cash?
I need a car to get to my job, but I don't want to add more debt to do so. I have $6,000 saved to buy a car with, which I'll probably spend about $5,000 and save $1,000 as an emergency repair fund. My father thinks I should get a certified pre-owned vehicle that's $12,000, pay half in cash and finance the rest. Which is the better option?
Eric Schad
Aug 02, 2021
Who do I make my car payment to if the dealership goes out of business?
"What happens to my loan if my dealer goes out of business? I bought my car from a local car dealership who handled all of the financing for me. Shortly after finalizing the loan, I set up autopay and have not missed a payment yet. The other day I noticed that the dealership had a closing sign up front."
Johnny Puckett
Jul 28, 2021
Do car dealers get kickbacks from lenders on car loans?
Every time I've purchased a car, the salesperson is always pushy about financing. Do car dealers get kickbacks from lenders?
Eric Schad
Aug 10, 2021
Can you finance a car if you don't have a driver's license?
I'm a late bloomer when it comes to getting my driver's license. I'm finally getting it in a few months at the ripe old age of 27. I want to buy a car, or at least start shopping before I get my license. Can you finance a car if you don't have a driver's license?
Eric Schad
Aug 10, 2021
Do I actually need to wait nine months to refinance a vehicle?
I got a rebate on my new Chevy Malibu for $1,500. The only stipulation was that I have to get financing and wait nine months for refinancing. Does this sound right? Do I actually have to wait to refinance?
Eric Schad
Aug 12, 2021
How do I skip a payment on my car loan?
I won't have the money this month to pay my car loan. Can I skip my payment? What happens if I do?
Eric Schad
Nov 22, 2021
How can a car dealer offer a 0% car loan?
I was shopping around for car loan rates and I found a local dealer with a 0% promotional car loan rate. How is that possible? Am I missing something?
Eric Schad
Nov 23, 2021
How can I work at Toyota?
I know I want to work there, but I’m not sure where to start. How do I apply for a job with Toyota?
Liz Jenson
Jan 07, 2022
How to get a car quickly?
My current car is nearing the end of its life. I know I’m going to have to go car shopping, but it's my least favorite thing to do! How do I get in and out of the car dealership as quickly and painlessly as possible?
Will Baldwin
Oct 29, 2021

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