Fiat Chrysler Dealer Case Won't Go To The Supreme Court

During Chrysler’s bankruptcy in 2009, some dealers were forced to shut down. Now they want to be back in business, but Fiat-Chrysler claims the stores would be too much competition, and the Supreme Court has refused to hear the case between the embattled dealers in Ohio and Michigan and their corporate overlords.
» 6/23/15 9:05pm 6/23/15 9:05pm

Car Dealers Had $7 Billion In Revenue From Finance And Insurance

When a dealer is getting really desperate to close the sale, my all time favorite line is, “Hey man, I’m losing money on this deal.” While it is rare that a dealer will ever sell a car at a loss, chances are they will make up for it in the finance office. Revenue from finance and insurance are at $7 billion dollars. » 6/19/15 10:11am 6/19/15 10:11am

How Do I Buy A Car With A Low Credit Score And No Down Payment? 

My PT Cruiser with 140k miles is becoming a money pit. I need another car, but due to some medical bills my credit score took a massive hit and I have no cash for a down-payment. I’m worried about getting a loan with a high interest rate, but I’m also hesitant to deal with the headaches of another used car. » 6/11/15 10:00am 6/11/15 10:00am

Teenager Allegedly Poses As FBI Agent, Steals And Crashes Dealer's Car

Kids these days, when they aren’t taking selfies, they are pretending to be federal agents in order to take Dodge Chargers out for a joy rides. Well, maybe not all kids, but one Michigan teen could be facing some serious charges for allegedly impersonating an FBI agent, stealing and crashing a car.
» 6/01/15 7:10pm 6/01/15 7:10pm

Dealership Roof Collapse Ends In Massive Audi-valanche

I’ll be the first to admit that what you’re looking at looks completely fake. But it isn’t. It’s a screengrab from a BBC video. The roof-top parking lot of an Audi dealership in the British city of Milton Keynes just completely caved in, sending approximately 20 cars crashing down into a mountain of cars below. » 6/01/15 3:40pm 6/01/15 3:40pm

Here Are The Ways Dealerships Fail At Internet Sales

We’ve already told you how dealerships aren’t particulary good at using social media, but few people actually buy things based on Twitter or Facebook interactions, so you can understand why dealers might be slow to catch on. But practically everyone makes purchases online, so why can’t some dealerships get internet… » 5/18/15 9:05pm 5/18/15 9:05pm

Is Selling A Cheap Car Really That Different Than Selling An Exotic?

In the BBC documentary “The Trade Off,” two car salesmen switch places. One puts customers in ultra exotic cars, while the other helps buyers purchase more budget friendly vehicles. It is a fascinating look into the opposite ends of auto sales. Even through the customers and products are different, the skills to make… » 5/06/15 10:28am 5/06/15 10:28am

Car Dealers: What Are Your Most Outrageous Customer Stories?

Ok dealerships, you asked for it and now is your chance. Do you have a story you would like to share from the other side of the desk? It could be the sales manager from hell or a customer that threatened to take your head off because you didn’t have the right color. I’m sure you have some tales to tell, let’s hear… » 5/05/15 10:31am 5/05/15 10:31am

Miami Car Dealer Takes Car Back, Refuses To Return $9200 Deposit 

Some used car lots just look like sketchy places to make a purchase, but I’ve found that the ones passing themselves off as a “pre-owned luxury car dealer” can be just as bad if not worse than those notorious buy-here, pay-here establishments. One elderly Miami woman learned this lesson the hard way. » 4/30/15 5:17pm 4/30/15 5:17pm

Dealership Gives Boy With Leukemia The Ride Of A Lifetime In A Bugatti

How can you say no to a little boy who wants to go for a ride in a cool car? As the father of a two year old who asks me if we can “Go zoom in the blue car?” I totally understand. You can’t say no. So when a seven year old with Leukemia wanted to take a ride in a Bugatti Veyron, a Texas exotic car dealership answered… » 4/29/15 10:26am 4/29/15 10:26am

Do I Have To Pay Income Tax If I Sell My Car Privately?

I was at a luxury car dealer and they clearly gave me a low-ball offer on my trade. When I told them that I would rather sell it privately, they said “Well, if you do that you will have to pay thousands of dollars in income tax.” This sounds fishy to me, can the IRS tax you on a private sale? » 4/23/15 3:29pm 4/23/15 3:29pm

There Are Still Some Great People Working At Car Dealers

I’ve mentioned before that even when you do your best to negotiate the sale price of your car, you still need to keep your guard up when you get to the finance office. Often this is where the dealers make the most money, and can be a bit pushy about it. My recent trip to the F&I office was surprisingly pleasant. » 4/20/15 12:02pm 4/20/15 12:02pm