Class action filed against Toyota over alleged dealer finance incentives – report

A class action has been filed against Toyota Finance Australia, claiming it paid commissions to dealers that set higher interest rates above the base rate – a practice that was previously outlawed by authorities. View 2 images Toyota’s financial division is facing a class-action lawsuit in Australia over allegations it breached financial regulations. According to website … Read more

An Industy Insider On The Truth Behind Dealer Markups And How To Avoid Them

Summary Some dealerships stick to the MSRP price to prioritize customer experience and build long-term relationships through good customer service. Selling above MSRP can hurt the brand over time and make cars uncompetitive in the market, limiting potential sales. Regional pricing differences play a significant role in determining dealership markups, with some areas willing to … Read more

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