The Truth About Cars » car dealers http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Thu, 04 Feb 2016 19:30:15 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars » car dealers http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com The Continuing Saga of the Consumer Financial Protection Bureau and Dealer Interest Rate Markup on Car Loans, Part Two http://www.thetruthaboutcars.com/2016/01/continuing-saga-consumer-financial-protection-bureau-dealer-interest-rate-markup-car-loans-part-two/ http://www.thetruthaboutcars.com/2016/01/continuing-saga-consumer-financial-protection-bureau-dealer-interest-rate-markup-car-loans-part-two/#comments Wed, 27 Jan 2016 16:00:39 +0000 http://www.thetruthaboutcars.com/?p=1271081   Since we last reported on the Consumer Financial Protection Bureau (CFPB) and its controversial crusade to uncover racial discrimination by car dealers on interest rate markup on automobile loans, the agency has ordered over $100 million in fines and settlements against banks that some have deemed extortion. This has infuriated lenders and car dealers, and has frustrated lawmakers on both sides of the aisle. The tale continued last week […]

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  Since we last reported on the Consumer Financial Protection Bureau (CFPB) and its controversial crusade to uncover racial discrimination by car dealers on interest rate markup on automobile loans, the agency has ordered over $100 million in fines and settlements against banks that some have deemed extortion. This has infuriated lenders and car dealers, and has frustrated lawmakers on both sides of the aisle. The tale continued last week […]

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Hammer Time: To My Fellow Dealers http://www.thetruthaboutcars.com/2015/08/hammer-time-fellow-dealers/ http://www.thetruthaboutcars.com/2015/08/hammer-time-fellow-dealers/#comments Mon, 17 Aug 2015 15:00:49 +0000 http://www.thetruthaboutcars.com/?p=1138858 You may have noticed that car dealers get bashed by the mainstream media on a regular basis. There are a few good reasons for that. We have what can be called an image problem. When folks think of a car dealer these days, they don’t think of a self-made man who started off with nothing […]

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You may have noticed that car dealers get bashed by the mainstream media on a regular basis. There are a few good reasons for that. We have what can be called an image problem. When folks think of a car dealer these days, they don’t think of a self-made man who started off with nothing […]

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Tesla Dead Last in Dealer Experience, First in PR http://www.thetruthaboutcars.com/2015/07/tesla-dead-last-dealer-experience-first-pr/ http://www.thetruthaboutcars.com/2015/07/tesla-dead-last-dealer-experience-first-pr/#comments Wed, 15 Jul 2015 13:00:34 +0000 http://www.thetruthaboutcars.com/?p=1110609 We have opined in these pages before about how for every Tesla sold in America, there are two or three glowing stories written about the electric automaker. There are days when over 50 percent of the pieces on auto industry news feeds are about Tesla, which is not bad for a company capturing 0.1 percent of the U.S. automobile market. Tesla Motors […]

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We have opined in these pages before about how for every Tesla sold in America, there are two or three glowing stories written about the electric automaker. There are days when over 50 percent of the pieces on auto industry news feeds are about Tesla, which is not bad for a company capturing 0.1 percent of the U.S. automobile market. Tesla Motors […]

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Sayonara S2K, Guten Tag GTI http://www.thetruthaboutcars.com/2015/05/sayonara-s2k-gutan-tag-gti/ http://www.thetruthaboutcars.com/2015/05/sayonara-s2k-gutan-tag-gti/#comments Thu, 07 May 2015 13:00:26 +0000 http://www.thetruthaboutcars.com/?p=1056754 Yesterday, I traded the most hysterically fun car I have ever owned, a 2008 Honda S2000, for a new 2015 Volkswagen GTI 6-speed manual. Allow me to explain. I bought my S2000 two years ago while living in San Diego. It was the perfect car at the perfect place and time. I don’t think I ever […]

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Yesterday, I traded the most hysterically fun car I have ever owned, a 2008 Honda S2000, for a new 2015 Volkswagen GTI 6-speed manual. Allow me to explain. I bought my S2000 two years ago while living in San Diego. It was the perfect car at the perfect place and time. I don’t think I ever […]

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The Comical World Of Dealer Internet Advertising http://www.thetruthaboutcars.com/2015/02/comical-world-dealer-internet-advertising/ http://www.thetruthaboutcars.com/2015/02/comical-world-dealer-internet-advertising/#comments Mon, 16 Feb 2015 22:05:38 +0000 http://www.thetruthaboutcars.com/?p=972442 After I purchased my S2000 and was about to drive off the lot, my salesperson regaled me with stories about the Honda’s previous owners – an elderly couple who loved the sports car, called it their “baby,” but traded it for a Mercedes-Benz E350 Coupe because they wanted more room. None of this history was noted […]

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After I purchased my S2000 and was about to drive off the lot, my salesperson regaled me with stories about the Honda’s previous owners – an elderly couple who loved the sports car, called it their “baby,” but traded it for a Mercedes-Benz E350 Coupe because they wanted more room. None of this history was noted […]

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Dealer Groups Sue Tesla, State Agencies Over EV Maker’s Ohio Retail License http://www.thetruthaboutcars.com/2013/12/dealer-groups-sue-tesla-state-agencies-over-ev-makers-ohio-retail-license/ http://www.thetruthaboutcars.com/2013/12/dealer-groups-sue-tesla-state-agencies-over-ev-makers-ohio-retail-license/#comments Fri, 20 Dec 2013 11:00:15 +0000 http://www.thetruthaboutcars.com/?p=684530 Car dealers trying to head off Tesla Motors’ attempts to set up factory-direct showrooms in Ohio lost a round last month when a dealership licensing amendment that would have blocked Tesla from selling vehicles direct to retail customers in the state wasn’t voted upon in the state legislature. Now the dealers are trying the litigation […]

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Car dealers trying to head off Tesla Motors’ attempts to set up factory-direct showrooms in Ohio lost a round last month when a dealership licensing amendment that would have blocked Tesla from selling vehicles direct to retail customers in the state wasn’t voted upon in the state legislature. Now the dealers are trying the litigation […]

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The Continuing Saga Of The Consumer Financial Protection Bureau And Dealer Interest Rate Markup On Car Loans http://www.thetruthaboutcars.com/2013/12/the-continuing-saga-of-the-consumer-financial-protection-bureau-and-dealer-interest-rate-markup-on-car-loans/ http://www.thetruthaboutcars.com/2013/12/the-continuing-saga-of-the-consumer-financial-protection-bureau-and-dealer-interest-rate-markup-on-car-loans/#comments Wed, 04 Dec 2013 14:00:09 +0000 http://www.thetruthaboutcars.com/?p=669042 It is no surprise that U.S. automobile dealers have been in a tizzy the past few months as the Consumer Financial Protection Bureau (CFPB) has been rattling its swords threatening to ban them from marking up interest rates on car loans, a sacred profit center for dealerships. Using methodology that assumes a person’s race can […]

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It is no surprise that U.S. automobile dealers have been in a tizzy the past few months as the Consumer Financial Protection Bureau (CFPB) has been rattling its swords threatening to ban them from marking up interest rates on car loans, a sacred profit center for dealerships. Using methodology that assumes a person’s race can […]

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GM Expands Shop-Click-Drive Online Car Buying Program Nationally http://www.thetruthaboutcars.com/2013/10/gm-expands-shop-click-drive-online-car-buying-program-nationally/ http://www.thetruthaboutcars.com/2013/10/gm-expands-shop-click-drive-online-car-buying-program-nationally/#comments Tue, 08 Oct 2013 15:28:46 +0000 http://www.thetruthaboutcars.com/?p=614553 The way that the auto industry uses the traditional independent dealer sales channel and proposed alternatives to that process have prompted considerable debate here at TTAC recently. While industry followers watch Tesla’s attempt to change the way automobiles are retailed with their factory owned outlets, General Motors is doing its part to change the retail […]

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The way that the auto industry uses the traditional independent dealer sales channel and proposed alternatives to that process have prompted considerable debate here at TTAC recently. While industry followers watch Tesla’s attempt to change the way automobiles are retailed with their factory owned outlets, General Motors is doing its part to change the retail […]

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Editorial: Why Tesla Needs To Sell Cars Through The Franchised Dealer Network http://www.thetruthaboutcars.com/2013/09/editorial-why-tesla-needs-to-sell-cars-through-the-franchised-dealer-network/ http://www.thetruthaboutcars.com/2013/09/editorial-why-tesla-needs-to-sell-cars-through-the-franchised-dealer-network/#comments Fri, 27 Sep 2013 13:00:36 +0000 http://www.thetruthaboutcars.com/?p=529729     Tesla founder Elon Musk recently announced that it was feasible to build a giant vacuum tube from Los Angeles to San Francisco and transport people the 400 miles between the two cities in 35 minutes. There is a better chance of this so-called “Hyperloop” ever happening than Musk being allowed to sell his […]

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    Tesla founder Elon Musk recently announced that it was feasible to build a giant vacuum tube from Los Angeles to San Francisco and transport people the 400 miles between the two cities in 35 minutes. There is a better chance of this so-called “Hyperloop” ever happening than Musk being allowed to sell his […]

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Car Dealers Still Using Cheap Tricks http://www.thetruthaboutcars.com/2009/11/car-dealers-still-using-cheap-tricks/ http://www.thetruthaboutcars.com/2009/11/car-dealers-still-using-cheap-tricks/#comments Sun, 15 Nov 2009 15:56:51 +0000 http://www.thetruthaboutcars.com/?p=335496 You might have thunk that car dealers would stop being skunks, what with the economy going thunk and the end of cash for clunk. But noooooooo. If anything, tough times have seen an increase amount of the same old story, same old song and dance down at the car lot. “You pay what we pay […]

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You might have thunk that car dealers would stop being skunks, what with the economy going thunk and the end of cash for clunk. But noooooooo. If anything, tough times have seen an increase amount of the same old story, same old song and dance down at the car lot. “You pay what we pay […]

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