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Uncovering Hidden Costs: How Car Finance Agreements Affect Consumers

Auto Service World

Car ownership has long been a symbol of independence and mobility, but the way people finance their vehicles has evolved significantly. With more consumers opting for car finance agreements to afford their dream cars, issues related to transparency and fair lending practices have become a growing concern.

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PODCAST: Automotive Intelligence Award honoree Jonathan Banks

Auto Remarketing

As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries. The full conversation can be found below.

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How To Increase Affordability For Customers After Automotive Sales And Leasing Courses

Automotive Training Centre

However, the financial commitments involved in the outright purchase of a car might overburden some customers or be beyond others entirely. Car Loans While buying a car outright might be outside everyone’s reach, car loans provide an alternative. However, interest rates might be higher due to middlemen fees.

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Tesla Hits Huge Milestone: This Is Car Number 6 Million

autoevolution

Tesla has just hit a massive milestone: the automaker has rolled out six million cars since 2005, when the first model, the Roadster, saw the light of day almost two decades ago. Then, the Model S sedan came to li. continue reading. )

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Fifth Third Bank Fined $20 Million Over Bogus Fees, Car Repossessions

Jalopnik

No, the bankers weren’t donning ski masks, using screwdrivers to break windows, or hotwiring cars to skive off with them in the middle of the night. But according to the Consumer Financial Protection Bureau , Fifth Third Bank illegally repossessed the cars of over 1,000 families after forcing their customers to buy… Read more.

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Flooded McLarens, Porsches And Ford GTs Are Filling Florida’s Auction Lots

Jalopnik

Hurricanes Helene and Milton devastated the country earlier this year, wrecking houses , bursting river banks and flooding cars. Lots and lots of cars. Now, some of those flood-damaged vehicles are turning up at auctions, including real bedroom poster cars from the likes of McLaren , Porsche and Lamborghini. Read more.

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Car Troubles 101: Managing Unexpected Towing Bills on a Tight Budget

Auto Service World

Picture Credit Unexpected car troubles can hit when you least expect them, often leaving you scrambling to cover towing bills. Heres how you can manage towing expenses effectively without breaking the bank. Why Towing Bills Catch Many Off Guard Car breakdowns often come out of nowhere.