After slumping through the Great Recession, the auto industry is back to booming times as millions of people (17.55 million, to be approximate) bought new cars and trucks during 2016. Planning on joining them? Here's how to finance a car.
Stanford startup Prodigy wants to give car dealerships and car buyers a streamlined, tablet-based system to simplify buying at dealers. Dealers using the process will be better able to compete with online buying and leasing services.
Consumers prefer to buy cars where they can haggle for discounts, according to the NADA head. Not so, says a Harris Poll; 80 percent of consumers dislike at least one factor in buying cars from dealers.
The 2016 Beepi Consumer Automotive Index found three in five Americans feel taken advantage of by car dealer when shopping for cars. Surveyed millennials, women, and parents with young children are especially uncomfortable at dealerships.