Friday, December 29, 2023

The Daily Money: Amazon starts selling Hyundai cars online

Amazon has started selling Hyundai cars on its website. It marks the online giant's entry into online car sales as it vies with Carvana and Car Max

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Fri Dec 29 2023

 

Paul Davidson Economics and Jobs Reporter

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Amazon and Hyundai announced their partnership's newest steps at the 2023 Los Angeles Auto Show.

Courtesy of Amazon

Happy (almost) New Year, Daily Money readers! It's Paul Davidson bringing you the latest headlines in the final edition of 2023.

Amazon sells everything else at the click of a mouse. So why not cars?

This week, the online giant began offering Hyundai vehicles on Amazon.com, the company's first foray into car sales as it competes with the likes of Carvana and CarMax.

Customers simply check out the inventory on Amazon, select the trim and options and hit checkout. After adding Hyundai to your shopping cart, you can make a down payment and sign all the paperwork. No haggling.

Customers can pick up the car at the dealer, typically in a couple of days.

One caveat: Dealers have to sign up for the program.

Iowa man wins $250,000 from scratch-off lottery

An Iowa man won $250,000 after shelling out $20 on the Iowa Lottery's Payline scratch game. Jaime Hakes of Lake Mills bought his ticket at Kum & Go in Northwood.

Two days earlier, Valerie Musgrove of Bloomfield claimed a $20,000 prize from another scratch game, the "$20,000 Crossword."

Musgrove told the Iowa lotter she thought she had won $2,000.

"But then I checked it again last night and I found out I had 10 words and that was $20,000," she said.

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Recall Alert

Blendjet is recalling about 5 million of its BlendJet 2 blenders after reports of overheating that caused property damage and injury, according to the Consumer Product Safety Commission.

Consumers reported $150,000 in property damage as a result of 17 cases of overheating, some resulting in house fires. There have been nearly 50 reports of minor burns,

Also, the agency took more than 300 complaints of blades breaking, resulting in at least one laceration.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

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