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Automobile Salesperson
An automobile salesperson is a retail salesperson who sells new or used cars. Unlike traditional retail sales, car sales are sometimes negotiable. Salesmen are employed by new car dealerships or used car dealerships. Car negotiation The price of a car, unlike many retail sales, is often negotiable. New cars will often have a factory window sticker (Monroney sticker in the US) listing equipment and options, and the suggested retail price or MSRP. The salesman is traditionally paid a commission rather than a fixed salary, usually based on a combination of profit margin and unit volume. Popular culture The automobile salesman, particularly the used car salesman, has often been a source of characters, often negative, in movies, television shows, and cartoons. History and fairy tales often characterize peddlers (people selling goods) as negative influences, or outsiders out to take advantage of people. Politicians have been negatively associated with used car salesmen in the past. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1955 Mercury Montclair Convertible
Events January * January 3 – José Ramón Guizado becomes president of Panama. * January 17 – , the first Nuclear marine propulsion, nuclear-powered submarine, puts to sea for the first time, from Groton, Connecticut. * January 18–January 20, 20 – Battle of Yijiangshan Islands: The Chinese Communist People's Liberation Army seizes the islands from the Republic of China (Taiwan). * January 22 – In the United States, The Pentagon announces a plan to develop intercontinental ballistic missiles (ICBMs), armed with nuclear weapons. * January 23 – The Sutton Coldfield rail crash kills 17, near Birmingham, England. * January 25 – The Presidium of the Supreme Soviet of the Soviet Union announces the end of the war between the USSR and Germany, which began during World War II in 1941. * January 28 – The United States Congress authorizes President Dwight D. Eisenhower to use force to protect Taiwan from the People's Republic of China. February * February 10 – T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Car Dealership
A car dealership, or car dealer, is a business that sells new or used cars, at the retail level, based on a dealership contract with an automaker or its sales subsidiary. Car dealerships also often sell spare parts and automotive maintenance services. In the United States, car dealerships have historically been an important source of state and local sales taxes. They have considerable political influence and have lobbied for regulations that guarantee their survival and profitability. By 2010, all US states had laws that prohibited manufacturers from side-stepping independent car dealerships and selling cars directly to consumers. By 2009, most states imposed restrictions on the creation of new dealerships to compete with incumbent dealerships. Economists have characterized these regulations as a form of rent-seeking that extracts rents from manufacturers of cars, increases costs for consumers, and limits entry of new car dealerships while raising profits for incumbent ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Used Car
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retailing, retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealership, car dealers, car rental, rental car companies, Buy here, pay here, buy here pay here dealerships, leasing offices, auctions, and private party sales. Some car retailers offer fixed price, "no-haggle" prices, "Certified pre-owned, certified" used cars, and service plan, extended service plans or warranty, warranties. Used car industry Used car export industry Depreciation levels of vehicles differ a lot in exporting and importing countries due to differences in income levels. The price of a vehicle depreciates faster in high-income countries than in low-income countries. Used vehicles sellers in high-income countries can thus sell their used vehicles for a higher price in low-income countries. This is the incentive to export used vehicles. The majo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monroney Sticker
The Monroney sticker, window sticker, or Automobile Information Disclosure label is a label required by federal law to be affixed on every new passenger car and light-duty truck sold in the United States. It lists the manufacturer’s suggested retail price (MSRP), standard and optional equipment, destination charge, fuel-economy ratings, safety ratings, and certain environmental metrics. The label is named for Senator Mike Monroney (D-Oklahoma), who sponsored the 1958 legislation that created the requirement. Legislative background In 1955 Monroney’s Senate Interstate and Foreign Commerce subcommittee investigated dealer practices that hid a car’s true price behind inflated “list” figures and undisclosed fees. To give purchasers reliable information, he introduced the Automobile Information Disclosure Act of 1958. President Dwight D. Eisenhower signed it on July 7, 1958 (Pub.L. 85-506), and it took effect on January 1, 1959. The law—codified at 15 U.S.C. §§ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MSRP
The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP) of a product is the price at which its manufacturer notionally recommends that a retailer sell the product. Suggested pricing methods may conflict with competition theory, as they allow prices to be set higher than would be established by supply and demand. Resale price maintenance—fixing prices—goes further than suggesting prices, and is illegal in many countries. Retailers may charge less than the suggested retail price, depending upon the actual wholesale cost of each item, usually purchased in bulk from the manufacturer, or in smaller quantities through a distributor. The suggested price is sometimes unrealistically high, so the seller can appear to be offering a discount. Some retailers apply discount stickers over top of original prices to indicate a discount to consumers. List price often cannot be compared dire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commission (remuneration)
Commissions are a form of variable-pay remuneration for services rendered or products sold. Commissions are a common way to motivate and reward salespeople. Commissions can also be designed to encourage specific sales behaviors. For example, commissions may be reduced when granting large discounts. Or commissions may be increased when selling certain products the organization wants to promote. Commissions are usually implemented within the framework on a sales incentive program, which can include one or multiple commission plans (each typically based on a combination of territory, position, or products). Payments are often calculated using a percentage of revenue, a way for firms to solve the principal–agent problem by attempting to realign employees' interests with those of the firm. However, models other than percentages are possible, such as profit-based approaches, or bonus-based approaches. Commissions allow sales personnel to be paid (in part or entirely) based on products o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Valerie Biden Owens
Mary Valerie Biden Owens (; born November 5, 1945) is an American Political consulting, political strategist, campaign manager and former educator. She is the younger sister of Joe Biden, the 46th president of the United States. In 2016, President Barack Obama nominated her as alternate representative of the United States to the 71st Session of the General Assembly of the United Nations. Owens has played a substantial role in all of her brother's political campaigns. She was the campaign manager during all of his Senate elections and for his Joe Biden 1988 presidential campaign, 1988 and Joe Biden 2008 presidential campaign, 2008 presidential campaigns, as well as a senior advisor to his successful Joe Biden 2020 presidential campaign, 2020 presidential campaign. Owens published her autobiography, ''Growing Up Biden'', in 2022. Biden Owens received a Presidential pardon from her brother, Joe Biden. Early life and education Valerie Biden was born on November 5, 1945, in a suburb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joe Biden
Joseph Robinette Biden Jr. (born November 20, 1942) is an American politician who was the 46th president of the United States from 2021 to 2025. A member of the Democratic Party (United States), Democratic Party, he served as the 47th vice president of the United States, vice president from 2009 to 2017 and represented Delaware in the U.S. Senate from 1973 to 2009. Born in Scranton, Pennsylvania, Biden graduated from the University of Delaware in 1965 and the Syracuse University College of Law in 1968. He was elected to the New Castle County Council in 1970 and the 1972 United States Senate election in Delaware, U.S. Senate in 1972. US Senate career of Joe Biden, As a senator, Biden chaired the Senate United States Senate Committee on the Judiciary, Judiciary Committee and United States Senate Committee on Foreign Relations, Foreign Relations Committee. He drafted and led passage of the Violent Crime Control and Law Enforcement Act and the Violence Against Women Act. He also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Senate
The United States Senate is a chamber of the Bicameralism, bicameral United States Congress; it is the upper house, with the United States House of Representatives, U.S. House of Representatives being the lower house. Together, the Senate and House have the authority under Article One of the United States Constitution, Article One of the Constitution of the United States, U.S. Constitution to pass or defeat federal legislation. The Senate also has exclusive power to confirm President of the United States, U.S. presidential appointments, to approve or reject treaties, and to convict or exonerate Impeachment in the United States, impeachment cases brought by the House. The Senate and the House provide a Separation of powers under the United States Constitution, check and balance on the powers of the Federal government of the United States#Executive branch, executive and Federal judiciary of the United States, judicial branches of government. The composition and powers of the Se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shyster
Shyster (; also spelled ''schiester'', ''scheister'', etc.) is a slang word for someone who acts in a disreputable, unethical, or unscrupulous way, especially in the practice of law, sometimes also politics or finance. Etymology The etymology of the word is not generally agreed upon. The ''Oxford English Dictionary'' describes it as "of obscure origin", possibly deriving from a historical sense of "shy" meaning disreputable. The ''Merriam-Webster Dictionary'' deemed it probably based on the German ''Scheißer'' (literally "shitter", i.e. "defecator"). A book published in 2013 traces the first use back to 1843, when scammers in New York City would exploit prisoners by pretending to be lawyers. These scammers were disparagingly referred to as "shisers", meaning "worthless people" in British slang, which in turn was originally derived from the German "Scheißer". Various etymologies have suggested an antisemitic origin, possibly associated with the character of Shylock from Shakespe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
