Dealerships

Volkswagen has just made it possible to buy a car without setting foot in a dealership

Volkswagen is now offering all-digital vehicle purchases.

Photo courtesy of Volkswagen AG

If you never want to set foot in a dealership to buy a new Volkswagen, you never have to. Today, Volkswagen of America and VW Credit, Inc.announced that VW dealerships will be able to collect remote digital signatures for financial transactions.

According to a release, Sign Anywhere is remote, digital signature tool powered by CDK Global that allows customers to remotely and securely digitally sign financial documents with their own computer or mobile device. This will allow customers to take all their business online.

2020 Volkswagen Atlas Volkswagen and its dealerships will deliver a vehicle to its new owner without them having to set foot in a dealer's storefront. Photo courtesy of Volkswagen AG

Though digital signature technology has been widespread for years, this is one of the first instances where it has met the requirements of the financial services sector to make dealership visits not required.

"Planning to implement this technology began two years ago but since this pandemic took hold, we've accelerated our plan to make this a permanent tool for our dealers," said Anthony Bandmann, President and CEO of VW Credit, Inc. "Customers are asking for flexibility and looking for peace of mind especially during this time and Sign Anywhere helps provide that."

The particulars of the services allow for the execution of contracts to take place from the comfort of a personal device such as a tablet without physical interaction with a finance representative. The tool also uses two-factor authentication to transmit information and dealers can receive funding in hours following a vehicle purchase.

Its use will be limited to local laws. The digital signature tool will only be available where remote transactions comply with motor vehicle dealer laws and where dealerships participate with CDK Sign Anywhere. Dealers are responsible for knowing whether such transactions are legal in their state.

Sign Anywhere was initially made available to ten Volkswagen dealers as part of a pilot program in April 2020. The program has now expanded to approximately 420 Volkswagen dealerships across the country.

Over 1,900 vehicle purchases or leases have already been finalized using Sign Anywhere since the implementation of this tool.

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New luxury car

BMW sends its V12 engine off in style

BMW will build its final V12 engine this June.

BMW

Most automakers are focused on building EVs and extracting the best fuel economy from gas engines possible, so it’s not surprising to hear that BMW is pulling the plug on one of its biggest and most iconic engines. In June 2022, BMW will build its very last V12 engine for use in a super-limited-production special edition 7 Series model. The ultra-rare cars will carry a starting price of $200,995.

BMW 760i xDrive The last V12 will power a very special (and very expensive) 7 Series car.BMW

Only twelve lucky customers will have the option to nab a V12-powered BMW, which will be called the M760i xDrive. Displacing 6.6 liters, the twin-turbocharged beast produces a massive 601 horsepower. An eight-speed sport automatic transmission and all-wheel drive are standard. BMW says the powertrain is strong enough to push the hefty 7 Series car to 60 mph from a standstill in just 3.6 seconds.

The final-run cars will feature little more than a special “V12” badge at the rear to differentiate them from standard 7 Series models. Inside, the car features a serialized plaque with the car’s production number out of the 12 units planned. The engine itself features a nameplate with “The Final V12.”

Beyond the badges, BMW’s 12-cylinder last-hurrah will come standard with 20-inch M double-spoke wheels, a choice of any available BMW full Merino leather color, M Sport brakes with black or blue calipers, a panoramic LED roof, remote control parking, a Bowers & Wilkins surround-sound system, and adaptive LED headlights.

BMW 760i xDrive Only 12 of the cars will be built, with a starting price of more than $200,000.BMW

Though it hasn’t been BMW’s most popular engine over the years, the V12 has been a part of the automaker’s catalog for 35 years. The first 12-cylinder engine showed up in 1987, producing 295 horsepower in the original 750iL sedan.

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The car shows just 9,000 miles.

Bring a Trailer

If you’re in the market for a new and unique sports car, this may be your fix. The Mazda RX-8 is a much-maligned and somewhat unreliable vehicle, but the price on this auction may be just right. The 2005 RX-8 shows just 9,000 miles on its odometer and looks to be in wonderful shape.

2005 Mazda RX-8 Unsurprisingly, the RX-8 looks almost new.Bring a Trailer

The RX-8 was an interesting but problem-plagued car that many enthusiasts steer clear of these days. Numerous things can go wrong with the rotary engine that powers the car, including bad ignition coils, engine fuel flooding, catalytic converter issues, and starter problems. The engine’s unique design caused problems when drivers started and quickly shut down the car without letting it warm fully. The problem would prevent the car from starting until remedied but didn’t cause any permanent damage. Other issues could cause costly repairs and extended downtime for RX-8 owners.

While all of that could eventually become an issue for this car, it’s likely that its low mileage and great condition will help it stay in decent health for at least a while. The seller also provided compression test results that show a healthy and functioning engine without much to worry about at the moment.

The RX-8’s tiny 1.3-liter two-rotor engine produced 238 horsepower and 159 pound-feet of torque when new. A six-speed manual transmission and rear-wheel drive are standard. The cars were, and still are, quick, thanks to their light weight. On the downside, the cars’ fuel economy and oil consumption are both prodigious.

2005 Mazda RX-8 The RX-8 was a quirky car with small doors that opened to access the back seat. Bring a Trailer

This 2005 RX-8 sits at just $12,000 at the time of this article, and there’s still almost five hours to go in the auction. Unless some brave soul gets excited at the last minute, it likely won’t climb much higher than that. At that price, the RX-8 is a less risky purchase and would mean that the new owner could use and abuse it without much worry. Could that be you?

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