Among the many intriguing findings from the Swapalease Q4 Lease Report, not only are consumers becoming more interested in leasing a Tesla, they appeared to be driving more in general judging by the softening amount of mileage left on a lease contract up for a takeover. Analysts determined consumer searches for Tesla vehicles on the […] [Read More]

F&I company JM&A Group has designed a virtual inspection process in which its analysts can use video technology when working with repair shops to conduct visual inspections. With that process, called Inspect Now, its analysts can verify claims that would otherwise require in-person inspections. The analysts can approve the start of the repair more quickly. JM&A […] [Read More]

The average used vehicle takes 38.9 days to sell. But the top 20 fastest-selling vehicles only take an average of 29.6 days, more than 30% faster, according to iSeeCars.com. Similar to new cars, SUVs dominate the list of the top 20 fastest-selling used vehicles, according to a new study from the car search engine company. […] [Read More]

It's a seller's market. According to an analysis from assisted commerce car buying app CoPilot, the pandemic has driven new- and used-car inventories to historic lows. “As a consequence, buyers face limited selection and little leverage in price negotiations in most categories. If a buyer balks on price, sellers know they can find another buyer,” […] [Read More]

As the new year begins, the new norms inherent in conducting business during the COVID-19 pandemic continue. The adjustments to these new norms affect everyone personally and professionally, which has in some ways brought forth an opportunity to connect at a more authentic level than ever before. Consider this: every Zoom call brings you into […] [Read More]

Georg Bauer and Scott Painter, who worked together at Fair, have reunited at NextCar Holding Co. They're also back on the Auto Remarketing Podcast, where they discuss the genesis of their company, which aims to help vehicle subscriptions scale profitably, and much more.  To listen to this episode with Bauer and Painter, click on the link available […] [Read More]

Lauren Donalson of PureCars joined the Auto Remarketing Podcast in late January ahead of Super Bowl Sunday to discuss how advertising was set to look different for automotive. In addition to setting a different tone, look for a used-car player to make its grand entrance on the ad stage. Note that the episode was recorded Jan. […] [Read More]

NOTE: Story has been updated to clarify that Ford's Super Bowl ads are regional.  In one key aspect, Sunday’s Super Bowl will appear the same as it has for much of the past two decades. It will involve Tom Brady, who will have appeared in 10 of the last 20 Super Bowls. But in several other […] [Read More]

Automotive search engine iSeeCars.com says that in looking at vehicle inventory in 2021, it has found that 9.5% less new-car inventory is available from the current model year compared to the same time last year. Karl Brauer, executive analyst for the site, said a possible reason for that is that automakers had to delay releases […] [Read More]

Jamie Oldershaw said providing a customer experience that meets shifting shopper expectations — especially in today’s stay-at-home economy — is extremely important to a dealership’s success. “And we saw overwhelmingly positive consumer reviews on our platform over the past year as dealers transformed into digital-first car sellers,” said Oldershaw, who is general manager of DealerRater, […] [Read More]