Used Car Manager News
Used-Vehicle Popularity Falling?
-- September 04, 2008
ATLANTA — As incentives drove a slight upswing in new-vehicle sales in August, it appears that consumer interest on the used side may have dwindled a bit. Apparently, all 20 of the most popular used models on AutoTrader.com showed significant drop-offs in ... [ Full Story ]
ACS Launches Feature for Dealers to Provide More Online Payment Options
-- September 04, 2008
CINCINNATI — Automobile Consumer Services, a provider of direct-to-consumer leasing, has launched a new service that can allow dealers to offer ... [ Full Story ]
GM, Chrysler, BoA, Ford & Avis/Budget to Lead National Event
-- September 03, 2008
SAN DIEGO — How are some of America's biggest companies reacting to the challenging used-car market and positioning themselves for future growth in market share and profitability? Top executives representing major banking institutions, rental companies, auction companies and automakers ...
[ Full Story ]
Which are the Most Researched SUVs, Crossovers?
-- September 03, 2008
CENTREVILLE, Va. — According to recent data from Carfax, some SUVs and crossovers have actually generated substantially more consumer interest on its Web site this year, suggesting that dealers can benefit from pushing these popular units. Which models, in particular, saw an upswing in searches? ... [ Full Story ]
GM Strikes Deal with SiSTeR Technologies, Extends Employee Pricing
-- September 03, 2008
DETROIT — General Motors Certified Used Vehicles announced Wednesday that it has partnered with SiSTeR Technologies to provide ... [ Full Story ]
Consumer Reports Touts Benefits of Buying Used Over New Models 
-- September 03, 2008
NEW YORK — As new-vehicle sales continue to struggle, many dealers are turning their focus to used, which also tend to offer a bigger profit margin. Interestingly enough, a recent study from Consumer Reports broke down the possible cost savings for consumers if they buy used instead of new. Specifically ... [ Full Story ]
CarMax Introduces Recommendation Feature for Used Vehicles
-- September 03, 2008
RICHMOND, Va. — CarMax announced Wednesday that it has launched a recommendation tool on its Web site that is designed to ... [ Full Story ]
NICB President and CEO Steps Down
-- September 03, 2008
DES PLAINES, Ill. — The National Insurance Crime Bureau announced Tuesday that president and chief executive officer Robert Bryant has retired, effective at the end of the business day, and is replaced by ... [ Full Story ]
FirstLook: Dealers Struggle with Turn Rates on Larger Vehicles
-- September 02, 2008
CHICAGO — According to analysis from FirstLook, pre-owned trucks and SUVs in dealer inventories throughout the country are aging dramatically. This could present a major loss to dealers if ... [ Full Story ]
Gain Best Practices to Drive Remarketing Efforts on both Retail, Wholesale Side of Business
-- August 27, 2008
CARY, N.C. — In the current atmosphere remarketing executives are really feeling the pressure on their recovery values. A mixed portfolio can make all the difference; however, certain vehicle segments continue to falter in the lanes under less dealer demand. In response to this challenge ... [ Full Story ]
Law Enforcement Offers Reward for Info on Dealership Fire
-- August 27, 2008
KANSAS CITY, Kan. — A fire that authorities say was intentionally set early Monday morning has caused substantial damage to a Kansas City dealership, and law enforcement is looking for help. Several agencies have teamed together to provide a reward to ... [ Full Story ]
IntelliChoice.com Identifies Best Values for Large Cars
-- August 26, 2008
CAMPBELL, Calif. — On Tuesday, IntelliChoice.com released details on which large cars offer the best value, looking at such factors as ownership cost, retained value, fuel efficiency and ... [ Full Story ]
CentralDispatch Launches Price-Per-Mile Calculator
-- August 26, 2008
SAN DIEGO, Calif. — CentralDispatch announced the launch of its price-per-mile calculator, which is now available for all vehicle shipments ... [ Full Story ]
Experian: Almost 200,000 Titles Washed So Far this Year
-- August 25, 2008
SCHAUMBURG, Ill. — An alarming number of damaged vehicles have been re-titled as clean so far this year, and that figure could continue to grow in the aftermath of ... [ Full Story ]
Kbb.com Names Best Used and New Rides for Students
-- August 25, 2008
IRVINE, Calif. — As high school and college students head back to the classroom, Kelley Blue Book's Kbb.com is helping dealers reach out to this important consumer demographic. To accomplish this, the site's editors have selected ... [ Full Story ]
LeaseTrader.com: SUV Lease Takeover Interest Climbs
-- August 25, 2008
MIAMI — While SUV and truck lessees are exiting contracts to move into smaller segments, there are substantially more consumers who are ... [ Full Story ]
AYES Hosts Annual Conference, Names Top Instructor
-- August 25, 2008
TROY, Mich. — The Automotive Youth Educational Systems organization recently held its 13th annual AYES Training Conference, where it announced its 2008 SPX/AYES Instructor of the Year Award, in addition to offering a multitude of best-practices seminars. Taking home the honor of top instructor was ...
[ Full Story ]
Edmunds.com Highlights Least Expensive CPO Compacts
-- August 21, 2008
SANTA MONICA, Calif. — There are several certified models that dealers can highlight for their fuel-conscious consumers on a budget. And in an atmosphere where "green" is one of the ever-growing catchphrases, showing a willingness to help consumers be green is a win-win for both the dealer and consumer, not to mention it ... [ Full Story ]
CyberCalc Names Leader of Lease Training Program
-- August 20, 2008
DALLAS — CyberCalc announced earlier this week that it its turning to a leasing industry veteran to help demonstrate how used-vehicle leasing and Arbitrage can be beneficial even in times of significant lease pullbacks. Appointed to head up CyberCalc's dealer and lender training program is ... [ Full Story ]
GM Extends CPO Program's Warranty Plan, Brings Back Employee Pricing
-- August 19, 2008
DETROIT — Late Tuesday afternoon, General Motors announced a significant change to the bumper-to-bumper warranty programs available in its GM Certified Used and Saturn Certified Pre-Owned Vehicles programs. The automaker now offers ... [ Full Story ]