After January dip, February price uptick projected

Auto Remarketing Staff

As analysts confirmed a dip in January, J.D. Power Valuation Services is projecting an uptick in wholesale vehicle prices in February. According to the latest installment of Guidelines, J.D. Power Valuation Services is expecting that wholesale prices of vehicles up to 8 years old will edge higher by 0.3 percent. If the... Read More

Perhaps a spring surprise: Cars values holding up

Auto Remarketing Staff

Perhaps not to the surprise level of a woman being given an engagement ring on Valentine’s Day, but some wholesale market observers might slightly raise their collective eyebrow about current car prices. Based on data generated during the early stages of the spring selling season, Black Book noticed that cars... Read More

Autosoft joins NIADA as national corporate partner

Auto Remarketing Staff

The National Independent Automobile Dealers Association announced Tuesday that Autosoft has been added to its growing list of Bronze-level National Corporate Partners. NIADA said members can now take advantage of special pricing to gain access to Autosoft DMS. Autosoft offers both a sales and F&I module with... Read More

Joe Overby, Senior Editor

Under an agreement reached with their respective captive finance arms, Ally’s SmartAuction is listing the off-lease vehicles of Nissan and Infiniti. The agreement between SmartAuction and the two captives (Nissan Motor Acceptance Corp. and Infiniti Financial Services) was announced Tuesday. The off-lease cars... Read More

PODCAST: Founders of TradeAutoX

Auto Remarketing Staff

Our guests this week are Louis Robert Spaeth and Michael Zimmerman, co-founders of TradeAutoX, an online platform for buying and selling wholesale vehicles on demand. Spaeth and Zimmerman, who work together as desk managers at an Atlanta dealership, talk to Joe about how the preimise of their young company and its... Read More

Auto Remarkting Staff

MetroGistics has been selected by the National Independent Automobile Dealers Association as a Bronze-level National Corporate Partner. NIADA said MetroGistics will offer preferred pricing on vehicle moves, along with extended credit, to the more than 16,000 member dealerships. “With the used-vehicle retail... Read More

The Appraisal Lane steps into Texas market

Auto Remarketing Staff

The Appraisal Lane announced Thursday that it has expanded into Texas to meet increased dealer demand. Dealers in the Lone Star State can join the company’s buyer network encompassing 26 states that enables dealers to buy in-demand inventory virtually — both inside and outside of their market... Read More

Dealers Auto Auction Group buys Mid-South Auction

Auto Remarketing Staff

Dealers Auto Auction Group has purchased Rea Brothers Mid-South Auction from the Rea family, a move that expands the independent auto auction group into Mississippi. In late January 2016, the Rea family repurchased Mid-South Auction from the XLerate Group. Mid-South, originally founded in 1972, had formerly been... Read More