20% Inflation Happened Before, Will It Happen Again?

When an esteemed Wharton finance professor and the country’s largest private vehicle wholesaler independently warn of the same future, its probably worth taking notice

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Think Twice Before Renting Your Vehicle to ‘Gig’ Drivers

What do Uber eXchange Leasing, Fair.com and Maven all have in common? They thought they could make money renting to “gig” rideshare or delivery drivers, and they are all out of that business, or out of business.

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Planning on Renting Your Vehicles on a P2P Platform for Gig Drivers? Be Aware of the Risks

For gig platforms that self-insure for collision and liability, whatever is paid out in an accident beyond whatever deductible is stated is coming out of the platform owner’s pocket, not an insurance provider.

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Chasing Down the Direct-Sales, EV and Used-Car Pucks

Volvo says it will be an all-electric vehicle company in 2030 and by that time will convert entirely to online sales, essentially relegating dealers to delivery and service centers. Such an announcement puts car dealers on notice as to where OEMs want the “puck to go.”

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Fixed Ops Pick-Up & Delivery – Now a Necessity

The pandemic has accelerated many changes. Some customer-centric services, such as a vehicle “concierge” or pick-up and delivery, went from a convenience to the price of admission for most fixed operations.

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Used-car Retailer CARite Launches Rent-to-Own Plan

The “Pay As You Go” plan is designed to let anyone choose, subscribe to and drive the vehicle of their choice while allowing them to build equity for a no-obligation purchase.

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Car Market Shifting As More Work, Shop From Home

For those dealers not in the premium luxury end of the market, wouldn’t it make sense to investigate the marketing, technologies and new ways of securing business in the subprime, deep subprime and first-time buyer side of the business? art 1 – The new stars of Wall Street in automotive retail – Carvana, Vroom and soon Shift – are gaining both value and market share, despite staggering losses. So what defendable market advantage do they have over traditional car dealers?

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Delivery Among Pandemic Trends That May Not Continue

Home delivery for many items such as prepared food and groceries are costing everyone more money, and everyone is losing: the merchant, the delivery company, the driver, and most importantly, the consumer.

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Missing piece to the mobility puzzle: Helping carless people

Facilitating a program that provides a process for private ownership to lower-income households that do not have vehicles would speak to the “Poverty of the Carless” immediately.

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Online Auto Retailer to Fight ‘Poverty of the Carless’

A 2014 Urban Institute study concluded that private-vehicle access is “indispensable for families seeking safety and economic security,” DriveItAway says in announcing its support for the Drive For Freedom Foundation.

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