The lenders lost over one point of new-car loan and lease market share in 2022, finds Experian.
The used car retailer will continue to operate in Illinois under some restrictions.
For the first time in recent history, some vehicles have appreciated in value or depreciated less than expected, finds a recent iSeeCars study.
Dealers who build a used inventory strategy can now use it as a backbone of their success moving forward.
Mexico’s auto sector has criticized the move, saying it allows "car smuggling."
Earlier this year, it was wise to hold off on selling or trading your car at a time when there were attractive incentives on new cars — waiting to get the best deal possible on a new vehicle and hanging onto your old vehicle until later. That later is now.
As part of a plea bargain for failing to give $1.2 million in sales tax to the state, the New Jersey dealer will pay restitution and will never again own, work at or consult for a dealership in the state.
Arkansas Attorney General Dustin McDaniel filed a lawsuit against a used car dealer who allegedly sold vehicles without providing a clear title to car buyers. According to the suit, the dealer took five months to provide the titles.
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