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The two new programs are backed by Lyndon Southern Insurance Co. The first provides a trade-in credit of up to $10,000 if a vehicle is involved in a collision and repaired, while the other pledges to cover depreciation (up to $10,000) if a vehicle is stolen and not recovered or is deemed a total loss as a result of an accident.
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The firm's white paper sheds light on the disconnect between consumers and many dealers when it comes to trade appraisals. It also explores what’s at stake when a consumer introduces a trade-in as a part of the transaction.
Read More →Thanks to an agreement between the Chicago Automobile Trade Association and Scout Automotive Marketing, Scout’s Trade Express trade-in valuation tool will now be available on the DriveChicago.com site. The tool provides trade values for vehicles using data sourced from the NADA Guides.
Read More →Dealertrack Technologies’ all-new Inventory+ offers a vehicle trade-in quote module designed to help dealers win more trade-ins and convert more leads into sales. The tool also offers a fully integrated transportation tool.
Read More →The operator and manager of Klause Cars and Trucks Inc. pleaded guilty to wire fraud charges associated with a scheme to defraud finance sources and customers who traded in and bought vehicles at his dealership.
Read More →NADA Used Car Guide analyst Jonathan Banks anticipates trade-in values to stay high throughout 2012.
Read More →DMEautomotive announced the launch of Best Chance Equity Communications, a program designed to help dealers build up late-model, used-vehicle inventory, move more new vehicles and increase customer sales retention.
Read More →Ally Financial announced that its Ally Buyer’s Choice program will be in 17 states by Dec. 12.
Read More →October kicked off to a strong start after the new-car industry broke out of its summer funk in the second half of September, according to the Bandon, Ore.-based CNW Research.
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ALG’s Eric Lyman talks to the magazine about the potential pricing bubble looming over the used-vehicle market in this exclusive interview with F&I and Showroom magazine.
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