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Trade-in value: This is the value of your car after trading it in to a dealer for another car. Trade-in value is calculated after the dealer assesses your vehicle’s condition and factors in what ...
However, a new ruling by the Federal Trade Commission aims to put the brakes on these shady practices once and for all. The FTC’s new “Combating Auto Retail Scams” (CARS) rule, set to take ...
www .nada .org. The National Automobile Dealers Association ( NADA) is an American trade organization representing nearly 16,500 franchised new car and truck dealerships, both domestic and foreign. Established in 1917, the organization is based in Tysons Corner, Virginia. As the automotive retail industry's primary trade association, NADA ...
The new rule received criticism from the National Automobile Dealers Association (NADA) and the Alliance for Automotive Innovation, which represents General Motors, Toyota Motor, Volkswagen and ...
The Black Book family of vehicle appraisal guides in the United States, providing vehicle pricing data, is published by National Auto Research, a division of Hearst Communications. New and used car dealers, lenders, manufacturers, fleet remarketers, and government agencies have used Black Book since 1955. Black Book provides values for both new ...
The Automobile Dealer Economic Rights Restoration Act ( ADERRA ), House Bill HR2743 [1] and Senate Bill S1304, [2] were introduced in the 111th United States Congress to restore the economic rights of car dealers . Congressman Frank Kratovil (D-MD) [3] and Congressman Dan Maffei (D-NY) [4] introduced H.R.2743 with Majority Leader Steny Hoyer (D ...
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