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trade-in vehicles

Regional Acceptance Joins Dealertrack Accelerated Title

The subprime finance source has selected Dealertrack's Accelerated Title solution to handle its title and release process for dealers accepting cars in on trade.

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N.Y. Dealer Shut Down For Defrauding Customers

A dealership that accepted trade-ins with remaining loan balances and then failed to pay off those balances before reselling the cars to unwitting consumers was ordered to permanently close. The owner is prohibited from ever operating a car dealership in the state.

Below-Prime Car Buyers Less Loyal Than Average Car Buyers

A new brand loyalty report from CarFinance.com found that below-prime car buyers are less loyal than the average car buyer. Kia topped the list of brands this group is most loyal to.

Pa. Dealer Cleared in Scam Case Sues Police, Tri-Star Motors

A used-car dealer is suing state police and Tri-Star Motors for falsely implicating him on theft charges. He was accused of conspiring with a Tri-Star used-car manager to undervalue trade-in vehicles so he could buy them at lower prices.

High Trade-in Values to Boost New-Car Sales, Says NADA Analyst

NADA Used Car Guide analyst Jonathan Banks anticipates trade-in values to stay high throughout 2012.

DMEautomotive Releases Customer-Retention Program

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.

Family First, BBVA Compass Bank Offer Trade-In Protection

Family First Dealer Services LLC and BBVA Compass Bank announced the addition of Trade-In Protection to its approved list of optional products for sale through its’ Motor Vehicle Retail Installment Dealers.

More Than 100,000 Car Shoppers Waiting to Buy, Says Edmunds.com

Edmunds.com determined that in the past few weeks approximately 100,000 car shoppers have been preparing to buy a car in the past few weeks, but none have yet to close a deal.

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