September 2012

Windsor Remarketing Changes Name

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Fri, 09/28/2012 - 14:15 | FORT WORTH, Texas
By Auto Remarketing Staff
Scott France, Caprock Auto Remarketing

Windsor Remarketing officially has a new name. After its president, Scott France, acquired the company from the Windsor Group, the firm is now known as Caprock Auto Remarketing.

Officials explained that the day-to-day team is intact, “so nothing has truly changed but the name.”

Caprock aims to help auto lenders, banks, credit unions, dealer groups and investors remarket repossessed vehicles in a quick and effective manner, the company said.


Edmunds Offers Take on Monthly Used Sales; Chrysler to Notch Best New Market Share in Year

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Fri, 09/28/2012 - 02:00 | IRVINE, Calif.
By Auto Remarketing Editor Joe Overby

September draws to a close this weekend, ending what appears to have been a rather solid month for used-vehicle sales, according to Edmunds.com.

The company is anticipating 3.13 million used sales for the month, which would be relatively static compared to the 3.14 million used sales in August. Compared to September 2011, it would be a 2.35-percent gain, Edmunds noted.

Edmunds’ projections follow forecasts from CNW Research and TrueCar, which projected 3.49 million used sales and 3.42 million used sales, respectively.


NRC Brings Top Used-Vehicle Directors to the Table

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Fri, 09/28/2012 - 01:59 | SCOTTSDALE, Ariz.
By Auto Remarketing Staff

While dealers play a huge role in the CPO Forum, they’re also a vital part of another Used Car Week event: the National Remarketing Conference. In the lanes, on the lot and online, dealers are the lifeblood of the remarketing industry, and one session in particular at NRC will give them the opportunity to share their experiences.


BMW Financial Services & Manheim Highlight Success of Lender's First Simulcast Everywhere Sale

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Fri, 09/28/2012 - 01:58 | WOODCLIFF LAKE, N.J.
By Auto Remarketing Staff

Utilizing Manheim’s Simulcast Everywhere technology for the first time, BMW Financial Services shared its recent sale was a success, with more than 70 BMW franchised buyers taking part.  

The lender's first Simulcast Everywhere sale had more than 3,000 total bids in this first-of-its-kind sale format, “designed to allow BMW Financial Services to sell vehicles directly from any location,” officials noted.


Motozuma Expands Down Payment Savings Match to Used Cars

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Fri, 09/28/2012 - 01:57 | NAPERVILLE, Ill.
By Auto Remarketing Staff

Potential used-car buyers can now get a little help with their down payment, thanks to a new program announced this week by social-savings website Motozuma.

By setting up a free Motozuma account to save for a down payment, prospective buyers can receive a dollar-for-dollar match of up to $200 on any used vehicle purchased from a Motozuma Preferred Used Car Dealer.


NIADA Taps DSC of Indiana as Platinum Corporate Partner

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Fri, 09/28/2012 - 01:56 | ARLINGTON, Texas
By Auto Remarketing Staff
Mike Linn

The National Independent Automobile Dealers Association revealed its newest NIADA Platinum National Corporate Partner on Thursday with the addition of Dealer Services Corp. of Indiana.

By aligning with DSC, NIADA said the move is meant to further its commitment to the success of independent dealers.


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