WASHINGTON, D.C. - With COVID-19-related supply chain issues resulting in a lack of computer chips vitally needed in automobiles construction resulting in dealer showrooms mostly devoid of new vehicles to sell, the used car marketplace has been skyrocketing in the United States in recent months, with the majority of car loans actually going toward the purchase of pre-owned … [Read more...] about Report Indicates Most Car Loans Nowadays Are for Used Vehicles as Opposed to New
Motorists Being Hoodwinked Into Buying Warranties That Cover Little, If Anything
WASHINGTON, D.C. - It seems that there are no ends to the ways in which scammers will attempt to separate honest people from their cash, and reports say unscrupulous individuals are now using automated auto-dialing technology to target drivers and trick them into purchasing fraudulent warranty renewals for their vehicles. The way the scam works is simple: a motorist … [Read more...] about Motorists Being Hoodwinked Into Buying Warranties That Cover Little, If Anything
Auto Makers Gearing Up to Make Billions on Additional Fees, Subscriptions for Features Previously Offered Free
PALM BEACH, FL - In a sales tactic that was originally widely decried when it was first introduced in the videogame industry, automobile manufacturers are increasingly embracing microtransactions for customers to be able to access even the most basic of features in their vehicles, a highly-criticized practice that industry experts are predicting will only get worse as time goes … [Read more...] about Auto Makers Gearing Up to Make Billions on Additional Fees, Subscriptions for Features Previously Offered Free
New Website, Markups.org, Outs Auto Dealer Price Gouging, Records Upcharges Amid Skyrocketing Demand
SHERIDAN, WY - The ongoing misery that average prospective auto buyers in the United States are experiencing these days simply cannot be overstated. COVID-19 supply chain issues, factory shutdowns, and chip shortages are resulting in a major shortage of new vehicles while driving up prices drastically on the used market. Due to these difficult circumstances, people are … [Read more...] about New Website, Markups.org, Outs Auto Dealer Price Gouging, Records Upcharges Amid Skyrocketing Demand
Inflation Reduction Act Requires EVs Use American-Made Batteries for Federal Tax Credit; Opens Up To Used Vehicles
WASHINGTON, D.C. - Under the new Inflation Reduction Act, signed into law on Tuesday by President Joe Biden, the pathway to earning federal tax credits on Electric Vehicles (EVs) has now become a bit more complicated, as the legislation has enacted several new factors that EV owners must adhere to in order to qualify. However, those who do indeed qualify under the … [Read more...] about Inflation Reduction Act Requires EVs Use American-Made Batteries for Federal Tax Credit; Opens Up To Used Vehicles