Car dealer – Lancia Data http://lanciadata.com/ Thu, 23 Jun 2022 11:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://lanciadata.com/wp-content/uploads/2021/07/favicon-24-150x150.png Car dealer – Lancia Data http://lanciadata.com/ 32 32 Looking Back: Hartsville’s First Car Dealership | Hartsville https://lanciadata.com/looking-back-hartsvilles-first-car-dealership-hartsville/ Thu, 23 Jun 2022 11:00:00 +0000 https://lanciadata.com/looking-back-hartsvilles-first-car-dealership-hartsville/ The Trousdale County Historical Society has researched early car dealerships in Hartsville and Trousdale County, and if a reader has any old photos or information, please share them with us. Our research shows us that Dick Owen, nicknamed Cotton, was the first Hartsville scholar to have a car dealership. As we mentioned in last week’s […]]]>

The Trousdale County Historical Society has researched early car dealerships in Hartsville and Trousdale County, and if a reader has any old photos or information, please share them with us.

Our research shows us that Dick Owen, nicknamed Cotton, was the first Hartsville scholar to have a car dealership.

As we mentioned in last week’s article, the first cars were sold directly by the manufacturer. Over time, it became clear that a certified dealer with a showroom would be more efficient.

These dealerships were franchises and a person purchased the right to sell a certain brand of car for a specific area, perhaps an entire city or county.

Cotton Owen was part of the family that owned the Owen Tobacco factory in Hartsville. It later moved to Gallatin and is still in business. He was also an early investor in the old Citizen’s Bank.

Owen set up his dealership in a location already associated with travel. This was where the old Vance Livery stable was. A boarding stable was where people could leave their buggy and horse when doing business in Hartsville, or they could rent one if they wanted to travel out of town.

A huge barn on the property, at the corner of River Street and East Main Street, was used to store cars and became part of a small complex of buildings used for service, the sale of tires and tires. ‘essence.

In 1914, an advertisement appeared in the Video of Hartsville for “Hartsville Motor Car Co., RC Owen, Jr., Owner… Agents for Trousdale and Macon Counties.”

A 1919 high school yearbook advertisement gives the name Hartsville Auto Co. and states, “Dealers for FORD and DODGE cars also Fordson tractors.”

In 1922, a Ford sedan was given away as part of a Christmas promotion by the Hartsville Auto Co. The company has one of the tickets for the raffle, signed on the back by Roy Owen.

The dealership changed its name in 1924, when we find mention of the company in the December 10 issue of the video“Owen Tire Company, a subsidiary of Owen Motor Company, has opened a new gas station and accessories store across from their garage.”

It didn’t take long for car dealerships to see the money they could make working on the cars they were selling. Today, dealerships get more out of their after-sales service than their showroom.

Cotton Owen had a slogan that appeared in advertisements for its dealership and tire company, “Good Fires in Winter, Ice Water in Summer—Service by Cotton.”

His hospitality to people by giving them a warm place to visit during the winter months and serving them a glass of ice cold water during the summer months probably paid off when they decided to buy a new car…or so he thought.

We continued to see advertisements for the Owen Motor Company in later years, even as other dealerships popped up in town.

Advertisements for the company continued to appear until 1948.

Sometime in the 1940s, a new building replaced the old wooden barn and gas station that Owen used with a new, much larger concrete and brick building. The new building features a larger showroom with an Art Deco touch, glass bricks on a curved exterior wall.

This building would later be used by the Oakley Mungle Feed Store and later by the Macon-Trousdale Co-Op until the county made it our new justice center a few years ago.

Dewey Martin owned the company for a time, and the name changed to Trousdale County Motor Company.

In a video article from 1956, we find this title, “Ford Agency In New Quarters”.

The article under the headline explains, “Trousdale County Motor Company, Trousdale County Ford Dealerships, moved this week from the old location on East Main Street to the newly completed new building on the freeway. 25, near North Broadway.

The completion of a new freeway north of the old downtown business district saw several businesses move from Main Street to the freeway. 25.

The article further states, “Mynette Beal is the manager of Trousdale Motors.”

He also gives this description, “…one of the finest buildings in the city and is modern in every respect. The glazed facade represents a half-octagon, and is topped by a fluted parapet with aluminum trim.

In next week’s article, we will see that it changed hands again in 1963 and became, Rickman Ford Sales.

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Texas plans to add more electric car charging stations as dealers see more interest https://lanciadata.com/texas-plans-to-add-more-electric-car-charging-stations-as-dealers-see-more-interest/ Mon, 20 Jun 2022 23:07:00 +0000 https://lanciadata.com/texas-plans-to-add-more-electric-car-charging-stations-as-dealers-see-more-interest/ BRYAN, Texas (KBTX) – Texas is looking at ways to make it easier for drivers to charge electric vehicles. TxDOT plans to add more electric vehicle charging stations across the state as part of a five-year plan. The plan will focus on adding stations along major corridors and busy interstate highways. A Texas A&M Transportation […]]]>

BRYAN, Texas (KBTX) – Texas is looking at ways to make it easier for drivers to charge electric vehicles. TxDOT plans to add more electric vehicle charging stations across the state as part of a five-year plan. The plan will focus on adding stations along major corridors and busy interstate highways.

A Texas A&M Transportation Institute researcher says the plan could get off to a good start.

“We’re actually in a good position to be ready to deploy the necessary infrastructure to go along with recent pressure from automakers and political pressures for electric vehicle sales to really increase,” said Alice Grossman, associate researcher at Texas A&M Transportation. Institute.

College Station Nissan says they are seeing more interest in plug-in cars like the Nissan Leaf.

“This one, it was the only one we had and it’s sold out. It’s pre-sold and we’ve actually gotten a lot more inquiries about them than we don’t usually get a ton of inquiries on Leaf,” said Michael Johnson, Sales Manager, College Station Nissan.

As more and more electric cars are developed, the price of gasoline is also pushing drivers towards an electric option.

“Just because of, as you say, gas prices, they’re going up. People are looking for these electric cars,” added College Station Nissan Sales Professional Justin Johnson.

Funding comes from the Federal Infrastructure Investment and Jobs Act.

Copyright 2022 KBTX. All rights reserved.

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Shop Smart Autos launches platform that verifies consumer identity for car dealerships https://lanciadata.com/shop-smart-autos-launches-platform-that-verifies-consumer-identity-for-car-dealerships/ Sun, 19 Jun 2022 06:39:06 +0000 https://lanciadata.com/shop-smart-autos-launches-platform-that-verifies-consumer-identity-for-car-dealerships/ Shop smart cars Jeffrey Schwartz, Founder and CEO of Dentity. “That’s why we created Dentity – to enable trusted interactions online MIAMI (PRWEB) June 19, 2022 Infested with bots, bad actors and fake accounts, the internet is creating havoc by verifying real people from fakes. Dentity, a leading web3 identity and verifiable credential platform, […]]]>

Shop smart cars

Jeffrey Schwartz, Founder and CEO of Dentity. “That’s why we created Dentity – to enable trusted interactions online

Infested with bots, bad actors and fake accounts, the internet is creating havoc by verifying real people from fakes. Dentity, a leading web3 identity and verifiable credential platform, is on a mission to make the internet safer by providing consumers with a private and secure way to share their personal information and control their digital identity. This mission will also provide Shop Smart Auto’s dealer population with a real check on their lead and data management.

“By partnering with Dentity, Shop Smart Autos now has the ability to reduce the footprint of robots and counterfeits while respecting consumer data privacy and their rightful place in the possession of their identity information.” said Shop Smart Autos founder Richie Bello.

“The explosive growth of the Internet has brought us closer and closer to strangers who are outside of our natural circle of trust,” said Jeffrey Schwartz, founder and CEO of Dentity. “That’s why we created Dentity – to enable trusted interactions online by empowering consumers to own their identities and share verifiable identity information through a simple process.” In 2020, over 37% of all internet traffic was bots. Meanwhile, Facebook removed more than 1.3 billion fake accounts in the first quarter of 2021, but left 95% of reported fake accounts active, and about 20% of profiles on dating apps like Tinder fake. Dentity is helping close critical trust and transparency gaps in the sharing economy, which is expected to grow to $335 billion globally by 2025.

Protected by this state-of-the-art encryption, Shop Smart Autos offers its dealers a new layer of security, privacy and verification for online interactions and transactions. “Dentity creates trusted interactions with buyers through our digital platform and provides our dealers with real people, not the fakes that infiltrate the digital media space,” Bello said.

If consumer privacy and security concerns can be addressed, the new trust-based economy is poised to experience unprecedented growth and benefit from changing consumer attitudes towards ownership and consumption choices that are more respectful of the environment.

Shop Smart Autos is a digital media platform designed to create one-to-one relationships with consumers. Its product offerings are custom audience data and verified, verified lead generation for its participating resellers, affiliates and agencies. For more information about Shop Smart Autos, visit http://www.shopsmartautos.com. Information about Dentity is available at http://www.dentity.com.

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Vote to expand citywide car startup delayed by committee https://lanciadata.com/vote-to-expand-citywide-car-startup-delayed-by-committee/ Fri, 17 Jun 2022 14:50:00 +0000 https://lanciadata.com/vote-to-expand-citywide-car-startup-delayed-by-committee/ Get more in-depth daily coverage of Chicago politics on The Daily Line. The City Council’s Licensing and Consumer Protection Committee delayed two votes that were scheduled for Thursday, including one on a controversial proposal to legalize starting cars across the city. Almost immediately after the committee meeting began on Thursday, the chairman Aldus. Emma Mittens […]]]>

Get more in-depth daily coverage of Chicago politics on The Daily Line.

The City Council’s Licensing and Consumer Protection Committee delayed two votes that were scheduled for Thursday, including one on a controversial proposal to legalize starting cars across the city.

Almost immediately after the committee meeting began on Thursday, the chairman Aldus. Emma Mittens (37) announced that a proposal (O2022-1217) to Aldus. Ariel Reboyras (30) to extend the legalization of car booting to the whole city would be held in committee. Reboyras appeared on screen alongside Aldus. Chris Taliaferro (29) and did not question Mitts’ decision to maintain the measure.

Starting a car is currently only legal in about two-thirds of the city’s 50 neighborhoods. Reboyras said he introduced the measure to expand the practice at the direct request of a city councilor-turned-lobbyist Joe Moore.

Related: Alderman’s push to expand private land startup gets the boot

Aldus. Daniel La Spata (1) led a charge against the startup and said it planned to work to defeat Reboyras’ order. Nearly a dozen aldermen joined La Spata in its bid to keep the ordinance fluffy on the city council’s rules committee last month.

Related: La Spata stand firm in bid to block Reboyras’ proposal to allow cars to start citywide

Tobacco license moratoriums

Separately on Thursday, Mitts held in committee a proposal (O2022-1756) to Aldus. Antoine Neapolitan (41) which would allow aldermen to establish local moratoriums on the issuance of retail tobacconist licenses, in the same way that the city council can establish and repeal local moratoriums on liquor licenses in specific areas .

Napolitano explained that his proposal would allow aldermen to see where in their communities “you have too much tobacco or you sell too much vaping, and you can impose a moratorium. [in those areas].

“It gives you the ability to stand up for your community when five or six vape or tobacco shops open in a shopping hallway,” Napolitano added.

Mitts said she picked the proposal because she would like to include representatives from the city’s Department of Business Affairs and Consumer Protection in the discussion to “work with partners as we look to see what they already have on the books and how they can implement and enforce this order at the same time.

Napolitano agreed with Mitts on holding the measure for better discussion.

Responding to a question from Aldus. Jason Ervin (28), Napolitano said his proposal would not apply to cannabis licensing.

Downtown liquor license

Committee members also approved on Thursday a proposal (O2022-1628) to Aldus. Brendan Reilly(42) to allow bars and restaurants with terraces to serve alcohol until midnight in the city’s central business district.

Reilly described his proposal to extend hours of operation as an “annual exercise” and noted that the extra time restaurants have to operate is “incredibly valuable” post-pandemic.

“We haven’t received an overwhelming number of complaints about the program, and so we’re introducing our annual order to extend those hours for the remainder of the season,” Reilly said.

Reilly’s proposal (O2022-1627) to replace two existing liquor licenses on Navy Pier that were “absorbed” by the pier hotel when it opened was also unanimously approved.

“Navy Pier had requested two more [licenses] to replace them, and those would be for restoration operations,” Reilly said. “It certainly seems appropriate – there’s not a high density of them on the pier, they’re well spread out.”

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Byrider Franchise offers assistance-focused automotive dealership franchise opportunities in the United States https://lanciadata.com/byrider-franchise-offers-assistance-focused-automotive-dealership-franchise-opportunities-in-the-united-states/ Wed, 15 Jun 2022 15:20:04 +0000 https://lanciadata.com/byrider-franchise-offers-assistance-focused-automotive-dealership-franchise-opportunities-in-the-united-states/ UNITED STATES – Byrider Franchise offers different types of support services to help their franchisees start and manage their dealerships in the country. Franchisees can expect support in the form of training, access to an established proprietary sales CRM, branding and marketing, invitations to helpful meetings and conventions, and low-traffic venues. The main purpose of […]]]>

UNITED STATES – Byrider Franchise offers different types of support services to help their franchisees start and manage their dealerships in the country. Franchisees can expect support in the form of training, access to an established proprietary sales CRM, branding and marketing, invitations to helpful meetings and conventions, and low-traffic venues. The main purpose of these support services is to help franchisees who are unfamiliar with automotive dealership management get the resources they need for a successful business. The company’s training services are divided into formal training in Carmel, regional sessions at different locations, and additional options based on franchisee needs. The training focuses on sales, service, finance, controller and management personnel.

Byrider’s proprietary sales CRM, combined with several top-notch third-party integrations, helps franchisees manage all business aspects through a risk management dashboard. Their annual, spring, and late summer conventions allow franchisees to network and get updates on the state of the business, educational seminars, and new information, procedures, and systems. Franchisees get help with branding through an individualized used car dealership franchise marketing and advertising package at a monthly fee of $1,500 and the company’s existing strong reputation in the customer-focused car dealership services.

Byrider Franchise has a team of qualified franchise consultants, technicians, experts and other professionals who help franchisees achieve successful investments. They use modern software and tools to inform franchisees about market trends and potential areas of profitable future investments for high return on investment. The company representative had this to say about their services: “Our used vehicle and auto finance franchise is a great investment opportunity for anyone looking to own a car dealership and capitalize on our robust industry. The ability to offer customers on-site auto financing is a competitive advantage and sets our brand apart. When you invest in a franchise, you are also investing in a support structure designed to accompany you through the franchise process.

The support services provided by the company allow franchisees to benefit from a return on investment, first-class support and brand recognition. Franchisees receive ongoing support from Franchise Consultants to meet any challenges they may encounter while building and growing their investment. Byrider Franchise involves experts in all of its franchisee support services, which instills a sense of trust and facilitates the provision of quality information to inform franchisee decision-making.

Byrider Franchise offers other services which include Byrider Traditional and Byrider Direct franchises. Their Byrider Traditional franchise provides franchisees with financing, sales and service opportunities. On the other hand, Byrider Direct only offers franchisees sales and service opportunities, with the prospect of growing their investment in a Byrider Traditional franchise.

The Byrider franchise is located at 12802 Hamilton Crossing Blvd, Carmel, IN, 46032, USA. For consultation and reservation, contact their staff by calling 317.249.3184. Check the Byrider Franchise website for more information on the support services they offer to all of their franchisees.

Media Contact

Company Name
Byrider franchise
Contact Name
Jack Humbert
Call
317.249.3184
Address
12802 Hamilton Crossing Blvd.
Town
carmel
State
IN
Postal code
46032
Country
United States
Website
https://www.byriderfranchise.com/

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Finding the Used Car Amazon Sounds Like a Pipe Dream https://lanciadata.com/finding-the-used-car-amazon-sounds-like-a-pipe-dream/ Fri, 10 Jun 2022 06:39:08 +0000 https://lanciadata.com/finding-the-used-car-amazon-sounds-like-a-pipe-dream/ Placeholder while loading article actions Introducing Cazoo Group Ltd. as the “Carvana of Europe” seemed like a smart move when serial entrepreneur Alex Chesterman bought his online used-car dealership from investors last year. Doesn’t look so smart now. Initially, his decision to avoid the London market in favor of a SPAC listing on the New […]]]>
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Introducing Cazoo Group Ltd. as the “Carvana of Europe” seemed like a smart move when serial entrepreneur Alex Chesterman bought his online used-car dealership from investors last year. Doesn’t look so smart now.

Initially, his decision to avoid the London market in favor of a SPAC listing on the New York Stock Exchange paid off. Cazoo secured a whopping $7 billion valuation, a staggering amount for a company launched in December 2019 and certainly helped by the then $60 billion market capitalization of American muse Carvana Co.

These companies’ business of allowing consumers to buy a car with the click of a mouse and have it delivered to their driveway, with a seven-day money-back guarantee, has struck a chord with investors. But Cazoo only sold 50,000 cars in 2021 and earned just £25m ($31m) in gross profit – the money left over after deducting the cost of acquiring the vehicles and preparing them for sale. The net loss was £300m.(3)

This week, the British firm became the latest pandemic winner to announce layoffs after its shares have plummeted nearly 90% since November. In addition to a 15% reduction in staff and a more disciplined marketing budget – which closely resembled Carvana’s recent restructuring – Cazoo also reduced its revenue guidance and other key financial targets in response to an increasingly consumer environment. more difficult.

Rising interest rates have made investors wary of online used car retailers who promise hassle-free service but require huge amounts of capital to finance inventory, refurbish vehicles and truck them home. Cazoo will remain in the red for at least two more years, according to analyst forecasts compiled by Bloomberg.

As at Carvana, the hedge funds and family offices that financed these losses must be feeling gloomy: Dan Sundheim’s D1 Capital Partners and Dan Och’s Willoughby Capital Holdings LLC are Cazoo’s largest shareholders, while Viking Global bought a large part of its convertible debt. (1)

After raising $630 million from Viking and others in February, Cazoo has at least a cash reserve that should carry him through 2024.

But having struggled to make money in the scorching used-car market, how likely are Cazoo and his ilk to do so quickly now that interest rates and car prices are moving in the wrong direction? ? Used car retail is highly competitive, and for disruptors, profitability can prove more difficult than building an empire.

You probably haven’t bought a car from Cazoo yet, but European readers will certainly be familiar with the brand. The company spent £65million on marketing last year, thanks to an astonishing number of sports partnerships that span football, rugby and even fishing.

In a rare departure from Carvana’s strategy, Cazoo has also spent a lot of money creating a subscription service that allows customers to rent a vehicle for six months for a flat rate that includes insurance, cover breakdown and road tax. The service is now being phased out as maintaining inventory consumes too much money. Cazoo is also closing a few vehicle refurbishment facilities to cut costs.

It’s certainly not the first company to realize that the music of the financial markets has changed. Making less dependence on Wall Street’s money taps makes sense because they are drying up. Carvana was forced to pay more than 10% interest on its debt in April. Others have been unable to raise funds at any cost: British challenger Carzam collapsed last week.

But the pivot to greater efficiency and positive cash flow promised by Cazoo in its UK operations by the end of 2023 will not come easily.

As inflation accelerates, some customers will have to settle for a cheaper model or forgo a purchase altogether. Softer used car prices may cause Cazoo to book higher depreciation expenses on vehicles purchased at exorbitant prices last year. The cost of labor and auto parts are also increasing.

Cazoo now expects around 75,000 retail car sales in 2022, less than 60% of forecast when it went public last year. Gross profit per vehicle sold in the UK will also be impacted, likely reaching just £550. Lookers Plc, a traditional car dealership, earned nearly four times as much as used car sales last year by my calculations.(2)

Investors have become accustomed to companies dropping their bullish forecasts soon after going public via SPACs and the shortfall will put even more pressure on Cazoo to cut administration and distribution expenses. , without affecting the quality of service.

Customers won’t want to start haggling in a parking lot again, but brick-and-mortar car dealerships are investing in their own online services, meaning investors are hoping Carvana or Cazoo will become “the Amazon of used cars.” lost.

Without unlimited capital for acquisition, infrastructure, and glitzy marketing, digital disruptors like Cazoo will become a lesser force.

More from Bloomberg Opinion:

• Cantor, Goldman Sachs and a disastrous SPAC deal: Chris Bryant

• Welcome to our ‘be careful what you wish for’ economy: Conor Sen

• Private equity can revive UK businesses again: Chris Hughes

(1) After adjusting for non-cash expenses associated with SPAC registration.

(2) Cazoo went public by merging with Och’s SPAC, Ajax I

(3) Revenue and gross margin are shown at the midpoint of Cazoo’s new guidance range

This column does not necessarily reflect the opinion of the Editorial Board or of Bloomberg LP and its owners.

Chris Bryant is a Bloomberg Opinion columnist covering industrial companies in Europe. Previously, he was a reporter for the Financial Times.

More stories like this are available at bloomberg.com/opinion

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Cadillac LYRIQ Buyers See Dealer Profit Margins https://lanciadata.com/cadillac-lyriq-buyers-see-dealer-profit-margins/ Wed, 08 Jun 2022 14:44:22 +0000 https://lanciadata.com/cadillac-lyriq-buyers-see-dealer-profit-margins/ Order books for the 2023 Cadillac LYRIQ are already full, but some dealers are offering Debut editions. While the all-electric SUV has a reasonable starting MSRP of $59,990, consumers will be hard-pressed to find a model at that price when going to a dealership to buy one. As GM Authority reports, dealers have already placed […]]]>

Order books for the 2023 Cadillac LYRIQ are already full, but some dealers are offering Debut editions. While the all-electric SUV has a reasonable starting MSRP of $59,990, consumers will be hard-pressed to find a model at that price when going to a dealership to buy one. As GM Authority reports, dealers have already placed a markup on the LYRIQ.

The outlet shares the story of a customer named Melanie who placed a pre-order for a 2023 Cadillac LYRIQ Debut Edition. When Melanie contacted a dealership in Thousand Oaks, California to inquire about her vehicle, a representative of Silver Star Cadillac’s sales told him the dealership would apply a $5,000 market adjustment fee to his allocation due to “high demand and limited supply.”

“I was able to independently confirm a pre-order for Lyriq and was asked to select a dealership,” Melanie said in a post on markups.org. “I inquired online and was not told about this increase until they received MY allowance. No way, no how! I don’t like fools, especially greedy fools!

We certainly understand where Melanie is coming from, because dealer profit margins for vehicles are absurd. But, as far as profit margins go, it’s one of the most modest we’ve seen. As GM Authority points out, some reservation holders for the GMC Hummer EV Pickup Edition 1 have seen markups of up to $50,000. More recently, we’ve seen markups as high as $26,000 for the Toyota bZ4X. In the modern era of buying a new car, markups have become common. Previously, they were installed only on exclusive vehicles.

Earlier in January, General Motors warned dealers against applying markups to its vehicles. As the outlet reports, the automaker sent a letter to dealers warning them that they would be “forced to take action if they learn of unethical sales practices or brokerage activities that compromise the ‘integrity’ of its brands. GM said it would redirect future products to other dealers or use “other resources prescribed by the dealers’ sales and service agreement.” From Melanie’s story, it doesn’t seem like the dealerships care about unnecessary threats from GM.

As much as we hate dealer mark-ups, they are perfectly legal because automakers give dealers the freedom to price the vehicles they sell based on demand. Due to chip shortages and supply chain issues, dealers are marking cars as demand for vehicles far exceeds supply. There’s not much consumers can do if they want to avoid paying a markup. They may try shopping at different dealerships, although this may involve going to another state or simply refusing to buy the vehicle. Some consumers are more than happy to pay the markup, which makes the situation worse for other shoppers.

Check Cadillac LYRIQ prices near you

Pictured: 2023 Cadillac LYRIQ

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Four ways to get the car you want despite the chip shortage https://lanciadata.com/four-ways-to-get-the-car-you-want-despite-the-chip-shortage/ Mon, 06 Jun 2022 22:00:00 +0000 https://lanciadata.com/four-ways-to-get-the-car-you-want-despite-the-chip-shortage/ Stock of new cars from the dealership. New colorful compact vehicles for sale waiting in dealership parking lot … [+] Plot. Automotive market business concept. Getty What is the impact of the chip shortage on the car buying market? originally appeared on Quora: the place to acquire and share knowledge, allowing people to learn from […]]]>

What is the impact of the chip shortage on the car buying market? originally appeared on Quora: the place to acquire and share knowledge, allowing people to learn from others and better understand the world.

Answer by Gurpreet Singh, managing director of auto loans at Credit Karma, the Quora:

It’s no secret that the global shortage of semiconductor chips has made things even more complicated for people in the automotive market. These chips are essential components of today’s car electronics and are now delaying the arrival of new vehicles on the market.

With supply chain disruptions, the auto industry is still struggling to supply enough vehicles to meet demand. We’re seeing consumer demand starting to cool off a bit, with car prices down slightly for three straight months, but the price of a used car is still around 40% higher than it was a year ago. Consumers who can’t put off buying a car should consider taking these steps in order to get a car they want, at a decent price, at least by today’s standards.

Trade in your car. If you are a car owner in the market for a new car, definitely consider trading in your vehicle to help offset the higher price you may end up paying for your new car purchase. Higher used car prices mean that current car owners have likely seen the value of their cars appreciate. In fact, last summer when we analyzed Credit Karma members who had synced their vehicles with our platform, out of 25 million cars, we saw the median retail value increase by about $1,750, and that , in just a few months. If you decide to trade in your vehicle for cash or another car, shop around and get offers from a few different places.

Broaden your search net. In today’s market, your favorite dealer may not have the car you want, so be prepared to look beyond your usual parameters. Also consider buying a car through digital dealerships like Carvana. Not only do services like these typically give you a warranty that allows you to return the car you purchased within a certain number of days if you decide it’s not right for you, but they also act as a one-stop-shop for the financing and buying a car. For example, Credit Karma’s partnership with Carvana allows us to match our members with a car loan they are already pre-approved for so they have transparency on how much car they can afford.

Beware of dealer financing. If you choose to finance your car through the dealership, you could end up paying a higher interest rate. Still, avoiding dealer financing in this market is probably easier said than done, as there have been reports of buyers being pressured by dealers to obtain financing through them, or they might completely miss the purchase of the car. If you find yourself in a similar situation, listen to their options and terms, as it might save you enough money off the purchase price to make it worthwhile. Check to see if there’s a penalty for prepaying the loan, and if there isn’t, consider financing and pay it off as soon as the loan allows. If you believe the dealership you are interacting with is violating the law, you can file a complaint with the FTC and your state attorney general.

Save for a larger down payment. If you plan to finance your vehicle with an auto loan, consider saving for a larger down payment to offset rising rates. Due to high car prices, you may find yourself considering a longer term car loan, and while this may make your monthly payments more manageable, you will end up paying more interest over the life of your loan.

That question originally appeared on Quora – the place to acquire and share knowledge, allowing people to learn from others and better understand the world.

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The prolific offender, the car jacker, the drug dealer: Gloucestershire criminals jailed in May https://lanciadata.com/the-prolific-offender-the-car-jacker-the-drug-dealer-gloucestershire-criminals-jailed-in-may/ Sun, 05 Jun 2022 04:00:00 +0000 https://lanciadata.com/the-prolific-offender-the-car-jacker-the-drug-dealer-gloucestershire-criminals-jailed-in-may/ A rioter who set fire to a police van, a man who raped a child and another man who shook a baby so hard he suffered lifelong brain damage are some of the criminals who have been imprisoned in May. Last month, criminals were brought before the judge for some of the worst crimes imaginable. […]]]>

A rioter who set fire to a police van, a man who raped a child and another man who shook a baby so hard he suffered lifelong brain damage are some of the criminals who have been imprisoned in May.

Last month, criminals were brought before the judge for some of the worst crimes imaginable. Last month, felons in the county were jailed for crimes ranging from a series of burglaries to a woman classified as a “prolific offender.”

These offenses gave the judge no choice but to put them behind bars upon sentencing.

READ MORE: Gloucestershire Police used Tasers nearly 300 times last year

Gloucestershire Live reports on all manner of cases to ensure justice is served. The Crown Court is where the most serious cases are handled, while the Magistrate Courts generally deal with lower level crimes.

If you want to know why Gloucestershire Live reports on court cases and find out more about what we are and are not allowed to publish then Click here



David Smith was described in court as a man ‘who would benefit from professional support’

A 37 year old man Cotswolds The man was jailed for six years for committing 13 sex offenses including distributing child pornography and secretly filming a girl having sex with her boyfriend. Gloucester Crown Court was told yesterday (5 May) that last September Gloucestershire Police discovered indecent videos of a child being uploaded to an address in a village. near Tewkesbury where David Smith then lived.

Arriving at the property, they arrested Smith. A review of Smith’s digital devices showed he participated in a social media conversation between September 8 and September 11, 2021, in which he sent 10 illegal Category A videos of children and an image of category C of a child using the Telegram messaging service.

A closer look at his digital devices revealed that between June 17 and July 27, 2018, on four separate occasions he had captured videos of a teenage girl in various states of undress. In a video, the girl was captured stripping naked with two of her friends, in which the girl’s breasts and their private parts were clearly visible.



Sam Broder of The Crapen, Dursley, admitted to stealing his car from a woman at knifepoint in November 2021.
Sam Broder of The Crapen, Dursley, admitted to stealing his car from a woman at knifepoint in November 2021.

A woman ‘thought she was going to die’ when she was held at knifepoint in a Gloucester Tesco car park and stole his car. The man who robbed her is now behind bars but his actions have left him with “long-term stress and psychological damage”.

Sam Broder had fired his lawyers ahead of his sentencing hearing held earlier this week (Monday May 9) at Gloucester Crown Court where he admitted steal Christine Burton in a Hyundai Coupe in Mead Road, Abbeymead November 5, 2021.



Matthew Jones, 26, of Overton Road, Cheltenham, and Eric Pearce, 25, of Pates Avenue, also Cheltenham, will serve a total of 15 years between them for their crimes.
Matthew Jones, 26, of Overton Road, Cheltenham, and Eric Pearce, 25, of Pates Avenue, also Cheltenham, will serve a total of 15 years between them for their crimes.

Two men who carried out a three-month series of crimes through Gloucestershire theft of luxury cars and jewelry, and who were involved in ram raids on two businesses, are now behind bars.

Matthew Jones and Eric Pearce executed ten raids on people’s homes last year stole £340,000 of high-end cars, along with valuable jewellery, and were implicated in a ram attacks a store and a cafe within hours of each other . These two ram raids caused damage costing £120,000 to repair.

Many stolen BMW, Audi and VW cars have been resold in the West Midlands, but some have still not been recovered. At one point, the dastardly duo filmed themselves showing how happy they were with their criminal enterprise.

Now Jones, 26, of Overton Road, Cheltenham and Pearce, 25, of Pates Avenue, also in Cheltenham, will serve a total of 15 years between them for their crimes.

A man who assaulted an ‘official’ and caused £1,500 damage to a fish and chip shop has been jailed for 16 weeks. John Maher, 39, of Whaddon Road, Cheltenham, pleaded guilty to the Court of magistrates Monday of this week for assaulting Jeffrey Baker by beating him last Saturday (May 14).

He also admitted to destroying security shutters worth £1,500 at Simpson’s fish and chip shop in Priors Road, Cheltenham on the same date. The offenses were committed in violation of an eight-week suspended prison sentence imposed on him by the magistrates on January 31 for an offense of assault a policeman at Cheltenham last November.

Magistrates jailed Maher for eight weeks for the assault on Mr Baker. They applied the eight-week suspended sentence consecutively, for a total of 16 weeks.



Richard Passway, 77, from Swindon will spend the rest of his life behind bars
Richard Passway, 77, from Swindon will spend the rest of his life behind bars

A pensioner who was sentenced following a guilty verdict on a number of historic sex offenses will never be released. Richard Passway, 77, of Swindon will spend the rest of his life behind bars following offenses in three counties.

He was sentenced to 29 years today (20 May) at Oxford Crown Court, following a tip-off by Gloucestershire Police at Thames Valley Police. The offenses occurred between 1975 and 1990 at Letcombe Bassett and Faringdon in Oxfordshire, Fairford in Gloucestershire and Swindon in Wiltshire.

At previous trials on May 25, 2021 and April 7, 2022, Passway was found guilty of 14 counts of molestation six counts of rape and two counts of indecency with a child.



Mickel Kruythoff faces three years and six months behind bars
Mickel Kruythoff faces three years and six months behind bars

A 25-year-old man who ran a drug trafficking business in Gloucestershire was found with £1,190 worth of heroin and cocaine hidden in his bum, a court heard. Mickel Kruythoff was arrested in 2019 as a passenger in a car driven by a relative from London to Cheltenham .

He was prosecuted at Gloucester Crown Court last Friday (May 20). Virginia Cornwall, prosecuting, said Kruythoff had recruited a ‘runner’ to deliver drugs for £650 a week and had ‘hello’ a flat in Cheltenham from which to run the operation called ‘Mikey Line’.



Matthew ONeill, of Patchway, South Gloucestershire, admitted charges of rioting and arson at an earlier hearing on what would have been the first day of his trial.
Matthew ONeill, of Patchway, South Gloucestershire, admitted charges of rioting and arson at an earlier hearing on what would have been the first day of his trial.

A 31-year-old man who set fire to a police van during the Bristol riots and used an officer’s shield to fan the flames has been jailed for five years.

Matthew O’Neill admitted the riot and arson charges at an earlier hearing on what would have been the first day of his trial. Footage from March 2021 showed O’Neill using lit objects to set a police vehicle on fire.

O’Neill, of Patchway, South Gloucestershire , used a police shield to fan the flames and wielded a chair to smash the front window of an already burning police van. He also used a police shield and baton to attack officers, as well as damaging the front of Bridewell Police Station.



Philippe Levins
Philippe Levins

A man from the Forest of Dean shook a month-old baby so hard the infant suffered lifelong brain damage, a court heard. Philip Levins, of St. Mary’s Square, lydney was imprisoned for 33 months.

Gloucester Crown Court heard yesterday (23 May) that the child will be disabled for the rest of his life as a result of the injury. Judge Michael Cullum said after reading a pre-sentence report on Levins, 30, he concluded he still had not fully accepted what he had done.

The judge said: ‘It is difficult to assess the level of force used. The defendant now admits he lost control of himself when he briefly shook the baby. This led to the baby suffering very serious consequences, resulting in brain damage.



Sydney Beach, 25, formerly of Worcester Street, Gloucester and Belle Vue Road, Cinderford, has admitted stealing and breaching a criminal behavior order barring him from entering shops in the city.
Sydney Beach, 25, formerly of Worcester Street, Gloucester and Belle Vue Road, Cinderford, has admitted stealing and breaching a criminal behavior order barring him from entering shops in the city.

‘Prolific’ shoplifter who flouted a ban on her entering stores across Gloucestershire is behind bars tonight after continuing another criminality Party. Sydney Beach stole electronics and clothing totaling hundreds of pounds in its last run.

Now 25, formerly of Worcester Street, Gloucester and Belle Vue Road, Cinderella , refused to accept the rules imposed by law last year. A criminal behavior order imposed by magistrates in Cheltenham in April last year banned Beach from entering stores in Gloucester and the Original Factory Shop in Cinderford.

Prosecutor Susan Cavender described Beach as a “prolific shoplifter” during a court hearing in Gloucester Crown Court yesterday (May 31).

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Car dealership driving through the Washington Crown Center | Local News https://lanciadata.com/car-dealership-driving-through-the-washington-crown-center-local-news/ Fri, 03 Jun 2022 04:15:00 +0000 https://lanciadata.com/car-dealership-driving-through-the-washington-crown-center-local-news/ A new company will soon occupy the building that once housed Sears at the Washington Crown Center. The Township of North Franklin announced this week that construction of the Crown Chrysler Dodge Ram + Jeep will begin this month. The project should last about 10 months. Kolten Saunders, who will be the dealership’s operations manager, […]]]>

A new company will soon occupy the building that once housed Sears at the Washington Crown Center.

The Township of North Franklin announced this week that construction of the Crown Chrysler Dodge Ram + Jeep will begin this month. The project should last about 10 months.

Kolten Saunders, who will be the dealership’s operations manager, said the Charleston, W.Va.-based company has nine others in West Virginia and Ohio. This will be the company’s first location in Pennsylvania.

“We are excited to open a store in Pennsylvania and be part of the community there,” Saunders said.

The dealership will be full-service, offering new and used cars, parts and service, as well as a Jeep accessory retail store.

Bob Sabot, chairman of North Franklin’s board of supervisors, said in a press release that the business is “a perfect fit for our township.”

“We are very happy and honored to have them and hope their commitment will help inspire others at Crown Center, Sabot said.

Saunders said the township was helpful throughout the process of acquiring the building.

“Bob, in particular, was extremely helpful. Very welcoming to new ventures,” Saunders said.

Sears closed in 2019. It opened in 1964 when the Washington Crown Center was called Franklin Mall.

Sabot said a ribbon cutting will take place when construction is complete.

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