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Dealers: Be Ready When Customers Ask This Question
2013-05-17 20:03:56| AutomotiveDigest.com - Automotive Industry News
Personal Finance expert Casey Bond, of GoBankingRates.com says borrowers should keep car loans as short as possible. Ms. Bond explains that car loans have, in fact, been growing in length over the past couple of years, citing Experian data that finds the average term length on new car loans grew to a record-high 65 months in the fourth quarter of 2012. She explains the growing cost of new cars combined with incredibly low car loan rates prompts more borrowers to finance vehicles they otherwise couldn't afford by stretching out the loan term over an extended period of time. However, this increasingly common practice is hurting the car buyer. Expert advice will come in handy when your customers come in asking what type of auto loan length they should be looking at. There are advantages and disadvantages either way, but it is in the dealers best interest to be prepared to comment on both sides of the issue. [Read more]The Article Dealers: Be Ready When Customers Ask This Question appeared first on Automotive Digest.
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Contact at Once! Tells Dealers: Choose Your Chat Provider Wisely
2013-05-15 22:23:16| AutomotiveDigest.com - Automotive Industry News
What makes Contact At Once! different from other chat provider products? Contact At Once! is the only chat solution that connects dealers with prospects visiting their dealership website and websites across the internet where their inventory is listed. It is the most widely deployed live chat in the automotive industry and currently powers the chat [...]The Article Contact at Once! Tells Dealers: Choose Your Chat Provider Wisely appeared first on Automotive Digest.
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Dealers Look to Software Solutions With Changing Regulations
2013-05-15 09:00:24| AutomotiveDigest.com - Automotive Industry News
The more governmental regulations dealers face, the more valuable are sofware solutions from companies such as DealerTrack, says CEO Mark ONeil. ONeil explains how technology will keep dealers on track. [More]The Article Dealers Look to Software Solutions With Changing Regulations appeared first on Automotive Digest.
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GM Will Help Dealers Renovate Showrooms
2013-05-14 09:00:49| AutomotiveDigest.com - Automotive Industry News
General Motors Co., which has underperformed competitors on the West and East coasts for decades, now plans to help dealers in metropolitan areas on both coasts. Find out what GM has in mind for its dealer showrooms. [More]The Article GM Will Help Dealers Renovate Showrooms appeared first on Automotive Digest.
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China Surge in Car Dealers Likely to Sap Profit, Bernstein Says
2013-05-14 08:56:21| Auto Dealers - Topix.net
Chinese auto dealership returns will decline as automakers add more of them, intensifying competition, Sanford C. Bernstein Ltd.
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