Man Fired From Lexus Dealer For Wife’s Porn Can Sue, Judge Rules A former Lexus dealership employee is celebrating a legal win after he was fired over his wife’s online porn videos. A federal judge ruled that he can take legal action against the dealership for firing him. Read more…

U.S. SEC Loses Crypto Lawsuit Over ‘Dealer’ Definition That Pushed Into Crypto A Texas federal court has rejected the U.S. Securities and Exchange Commission’s recent rule expanding the definition of a securities dealer to include a wider swath of firms — including some in the cryptocurrency sector. This adds a significant legal loss to the crypto legacy of SEC Chair Gary Gensler on the same day he announced his January de…

Got fooled by my dealer at 40K mile service I took my car into the dealership for the 40k mile service, which I thought would be a simple maintenance check. The plan was for them to change out a few fluids, rotate the tires, and do a brake wear test—nothing too out of the ordinary. But by the time I walked out of there, I was over $2200 poorer, and I’m honestly feeling pretty frustrated a…

Investigators Say a High-Profile Dealer Trafficked 2,000 Looted Artifacts In an arrest warrant for Edoardo Almagià, a Princeton-educated antiquities dealer, the Manhattan district attorney’s office detailed what it described as decades of illicit transactions.

German Dealer Will Charge Rich Goofballs $2.5 Million Markup For The Ferrari That Sounds Like Ass Ferrari’s not-particularly rare F80 hybrid hypercar was already going to be among the most expensive cars to ever be sold new, but one German dealership told its rich folk customers that they were going to have to pay the cost to be the boss. If they want a $3.9M Ferrari F80, they’re going to have to plop down another… Read more…

When to tell dealer I’m paying cash instead of financing? I know cash isn’t king anymore. I know I don’t want a loan. I have a feeling that when we get down to deeper numbers and I try to switch it up, they’ll say no, as well as all other dealers. Is there a strategy to use? I don’t want a loan-i don’t even want to finance and then pay it off in a month. submitted by /u/redjunkmail

Am I getting scammed by my Auto Dealer? I have a 2021 Jeep Compass. I extended my lease 5 months ago hoping rates would come down at least a little but they did not. Whatever. Anyway. I was going to buy out my car so that I could eventually not have any more payments. I received the payoff letter from Chrysler and it states the following. Purchase Price: 15,751.51 purchase option fee …

CDK Dealer Outage Ends With A Ransom Worth Millions Of Dollars The cyberattack targeting the company that handles the financial transaction side of car buying for some 15,000 car dealers in the U.S. finally ended thanks, almost certainly to a paid ransom. Read more…

Nearly 3 Million Cars Are Sitting On Dealer Lots New vehicle dealer inventory once again climbed in June, with 2.96 million vehicles just sitting on lots. That works out to about a 76-day supply, and it’s up from 2.89 million vehicles a month earlier. It’s also a million more vehicles than where it was at the same time last year – 1.95 million. Read more…

Dealer calling me back again to sign for a higher interest rate I’m in California. I purchased a used vehicle on Oct 6. They gave me a better interest rate (8.8%) than I came in pre-approved for. It was a little over my budget but agreed and purchased the car. On October 17th the dealer called me back stating the loan did not go through and I had to come in sign a new contract. I was confused but he explaine…

Dealer Says The EQS Is Not Something ‘Most People Aspire To Own’ As MB EVs Sit On Dealer Lots For Months Mercedes-Benz electric vehicles are spending nearly three months sitting on dealer lots. Data shows that it took Mercedes dealers an average of 82 days to sell the automaker’s battery-powered EQ models, according to Automotive News. Read more…

These Are The New Cars Sit On Dealer Lots The Longest Some used car prices are going down slowly and supply chain disruptions are abating, but buying a new car is still a headache. At least that’s the case for those looking to buy popular cars like the Toyota Rav4 or full size trucks from Ford, Chevy and Ram. But, certain other cars are just sitting on dealer lots, and… Read more…

Check Out This Quote From A Shady Dealer Who Doesn’t Understand What An Out-The-Door Price Means Depending on what model you are shopping for, some buyers are finding pretty solid deals. This is especially true on new and used electric vehicles, but there are also some strong discounts on gas-powered cars. An improving market often means more dealer shenanigans like a VW salesperson who doesn’t understand how… Read more…

Lawsuit Against Dealer That Allegedly Misstated Ford F-250 Engine Warranty To Move Forward A fraud suit against an Indiana Nissan dealership is moving forward, according to Automotive News, in a case involving a dealership that allegedly lied to a customer about a used Ford F-250 having a warranty. Read more…

In Ukraine, a U.S. Arms Dealer Is Making a Fortune and Testing Limits Billions are pouring into a clubby, secretive arms market. With Pentagon cash and unusually close Ukrainian military ties, Marc Morales has few peers.

LPT Request: What to say to a dealer when purchasing a used car? I’m planning to purchase a used car sometime soon (used fits my needs better than a new car), and wanted to get some advice and thoughts from people on what they think I need to ask/say to a used car salesman. For some context, I used to work in sales for a while so am familiar with a lot of the typical sales/negotiation nonsense. I’m more so cu…

Texas Woman Sold Over 1,000 Dealer Tags Without Selling A Single Car The proliferation of temporary paper plates is a big problem in Texas. A 38-year old woman from the Greater Houston area was arrested for issuing more than 1,000 dealer tags from a so-called dealership without ever having sold a single car. Police claim that criminals are using these tags to mask the identity of… Read more…

Dealer damaged my car, what options do I have now? I recently got my 2019 Honda Civic serviced at the dealer, it’s always been serviced at the dealer, I’m the only owner, no accidents. Long story short, they didn’t tighten the drain plug and oil drained out on the highway, there was grinding noise, the low oil level light came on and loss of power. Oil was pouring out when I got it the dealer an…

Ford Doesn’t Seem To Be Too Concerned About EVs Piling Up On Dealer Lots EV inventories are on the rise. While some of it can be attributed to automakers finally catching up with production, and Ford Authority says that Ford doesn’t see its EVs piling up on dealer lots as a bad thing. Read more…