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Third-quarter stats find budget acrobatics, more accounts in arrears
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Solving mismatched payment quotes can boost sales, profits
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Facing these realities should be a key strategy for automotive dealers.
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Payment service providers discuss the growing importance of their offerings.
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The average payment climbed to $717 in the fourth quarter of 2022, which is 50% higher than in 2010, according to Edmunds.
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November’s SAAR of 14.1 million units rose 7.9% compared to November 2021 but was down 6.5% compared to October 2022.
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