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May 9, 2024 at 3:00 PM. A defunct Akron car dealership agreed to pay nearly $37,000 after a settlement was reached in mid-April in a lawsuit filed by Attorney General Dave Yost. The lawsuit ...
Watch dealer's family pay tribute to 'beautiful boy'. May 28, 2024 at 1:24 PM. Images of two suspects were released on Saturday night by the Met Police [Met Police] A watch dealer found dead a day ...
Buy here, pay here. In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have ...
A Wichita used car dealership that was previously fined for not telling a customer that the vehicle they purchased had a blown airbag now faces a roughly $418,000 penalty after it was discovered ...
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The dealer has the option of marking up the interest rate of the contract and retaining a portion of that markup. For example, a bank may give a wholesale money rate of 6.75% and the dealer may give the consumer an interest rate of 7.75%. The bank would then pay the dealer the difference or a portion thereof.
A 2023 report from Moody's Investors Service indicates that new auto loan delinquencies are on the rise. In the second quarter of 2023, the delinquency rate for new auto loans climbed to 7.3%, up ...
Program logo The Toyota Corolla was the program's top seller according to U.S. DoT The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel-efficient ...
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