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Edmunds.com: Consumers Spend Only Half of Recommended Down Payment on New Car Purchases
SANTA MONICA, Calif. — U.S. consumers averaged an 11 percent down payment on new car purchases in 2011, according to Edmunds.com, the premier online resource for automotive information. The average…
Dealer NewsNew Start-Up Rewards Lease Customers for Returning Their Cars to Select Dealers
NEW YORK — CashBackLease.com, a website dedicated to assisting franchised car dealers increase their pre-owned inventory, officially launched last month. The site offers BMW/Audi/Lexus lease customers a cash incentive for returning their leased vehicle to…
Dealer NewsAutoNation Reports All-Time Record Quarterly EPS from Continuing Operations
FORT LAUDERDALE, Fla. — AutoNation, Inc., America’s largest automotive retailer, has reported 2012 first quarter net income from continuing operations of $74 million, or $0.56 per share, compared to net…
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