Auto Remarketing Staff

Lease transfer approvals in August nearly hit what Swapalease.com classifies as “healthy.” The site reported on Wednesday that vehicle lease transfer credit applicants registered a 68.3 percent approval rate for August, just shy of that “healthy” mark that Swapalease.com pegs at 70... Read More

Podcast: Serge Vartanov of AutoGravity

Auto Remarketing Staff

We are back in the studio this week. And in this episode, Joe chats with Serge Vartanov, chief marketing officer of AutoGravity, one of the key players in fintech and digital disruption in auto finance. Check out their conversation below. Download and subscribe to the Auto Remarketing Podcast... Read More

Auto Remarketing Staff

The North Bay Business Journal has named AUL Corp. one of its ‘Best Places to Work in the North Bay’ for the fourth consecutive year. The award recognizes companies that embody quality, professionalism, respect, fairness, pride and camaraderie, according to how their own employees' rate... Read More

LeasePlan USA appoints new regional VP

Auto Remarketing Staff

LeasePlan USA recently announced that it has expanded its business development team with the appointment of Mike Camnetar as regional vice president. Camnetar most recently served as director of fleet partnerships at Element. In his new role, Camnetar has been tasked with partnering with national and multinational... Read More

Auto Remarketing Staff

When it comes to consumers taking over someone's vehicle lease contract, they appear to be pretty particular about which brands they are considering. According to its quarterly lease trends report for the second quarter released on Tuesday, Swapalease.com discovered only three badges increased in search traffic... Read More

VSC penetration forecast into 2024

Auto Remarketing Staff

Colonnade Advisors offered quite a bullish forecast for the penetration level of vehicle service contract purchased by consumers that should make F&I managers and VSC providers smile now and seven years down the road. The boutique investment bank and registered broker dealer providing investment banking services to... Read More

Auto Remarketing Staff

Back to school means once again the approval rate for lease transfer applications is headed back down.  Swapalease.com reported vehicle lease credit applicants registered just a 54.3 percent approval rate for July, explaining the decline both on a sequential and year-over-year basis stemmed from in part... Read More

Ally now offers GAP, service contracts via TRED

Joe Overby, Senior Editor

In addition to the used-car financing options it has been offering on TRED since April, Ally is now providing GAP insurance and vehicle service contracts to buyers on the peer-to-peer online car marketplace. The partnership between the two companies was first announced in May. At that time, Ally was already accepting... Read More