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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.

Finance 130
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Is It Possible To Get Car Finance On Benefits? [UK]

Auto Service World

Whether it’s getting to work, taking children to school, or simply running daily errands, having a reliable vehicle can significantly improve your quality of life. You might be wondering if it’s even possible to get car finance on benefits. But what if you’re on benefits?

Finance 130
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Rivian to Receive $6.6B Conditional Loan from US DOE

Tomorrow's Technician

Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) loan program for a loan of up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) to accelerate its growth and leadership of electric vehicle design, development and manufacturing in the United States.

Finance 130
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Building Trust with Customers: Transparent Financing Practices in the Auto Repair Industry

Auto Service World

Transparent financing practices can make a world of difference in easing their concerns, building loyalty, and establishing a reputation for fairness. This article dives into why transparency matters in auto repair financing. Unclear or misleading financing terms. For many, navigating repair costs is a stressful experience.

Finance 130
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Do You Have What It Takes to Start Your Own Auto Body Shop?

CATI

It offers the chance to combine your passion for vehicles with the independence of running your own business. Technical Expertise in Auto Body Repair You need a deep understanding of vehicle repair and restoration to run a successful auto body shop. The idea of starting your auto body shop is exciting. Contact us for more information.

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Car buyer satisfaction reaches record highs

Auto Service World

The study highlighted the growing satisfaction among electric vehicle (EV) buyers, who are leading the way in satisfaction during the car-buying process. ” New-vehicle buyers reported a record 75 per cent satisfaction rate with the overall shopping experience, the highest in the study’s history.

Car 130
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Deceived Fisker Ocean Owners Get an Offer They Can't Refuse From JPMorgan Chase

autoevolution

Specifically, the bank that financed Fisker Ocean purchases partnered with Rivian to buy back Fisker vehicles at a fair price. Now, they get an offer they can't refuse from JPMorgan Chase as part of a settlement process. Fisker sent shockwaves throughout the automotive markets when it filed for ( continue reading. )

Banking 96