Technology has transformed every aspect of business development in the automotive industry over the past few decades, according to The Appraisal Lane, a mobile app-based community of appraisers who put guaranteed cash offers on used cars. One of those transformations, according to the company, is in the area of the industry’s approach to lead generation […] [Read More]

When someone in your immediate circle of friends, family and coworkers has a good or bad experience with anything, you feel better about making the same decision, said Autolist analyst Chase Disher. “Because cars are such a huge purchase in our lives, word-of-mouth means that much more here,” Disher said in a news release. According […] [Read More]

An ample supply of off-lease SUVs and crossovers coupled with consumers looking for affordable alternatives to new vehicles promises to pave the way for another record year of certified used-vehicle sales. That was the consensus of analysts, dealership managers and managers of CPO programs who attended Used Car Week, Nov. 11-14, in Las Vegas. Industrywide, […] [Read More]

We continue with our podcasts from Used Car Week, with another one-on-one interview. Senior editor Joe Overby talks with Lisa Mackie, vice president of sales at NextGear Capital. To listen to this episode, click on the link available below or visit the Auto Remarketing Podcast page.  Keep tabs on the Auto Remarketing Podcast page as we continue to […] [Read More]

Overall vehicle dependability has improved 1.5% over 2019, according to a new J.D. Power Study. But according to J.D. Power vice president of global automotive Dave Sargent, that dependability improvement — reported in the recent J.D. Power 2020 U.S. Vehicle Dependability Study — has taken place despite some challenges. One challenge is the increased adoption […] [Read More]

“Not so bad” meaning “equally good and bad on either side of the coin,” is how Cox Automotive chief economist Jonathan Smoke sized up the economic outlook for 2020. Unemployment is at a 50-year low, consumer sentiment continues to be “relatively high” and consumers are seeing strong wage and income growth, he said. But there are […] [Read More]

Subaru’s high residual value is a main reason that the automaker has won the top brand ownership cost category in the 2020 Kelley Blue Book 5-Year Cost-to-Own Awards, Eric Ibara said. “Subaru claims the top brand position for the second year in a row, right on the heels of winning a Kelley Blue Book award for […] [Read More]

In the closing keynote at Used Car Week, Zach Hallowell, who is vice president of Manheim Digital, shared his presentation on "Let’s Get Personal: What the Digital Revolution Actually Means for YOU." Listen to his full presentation in this episode of the Auto Remarketing Podcast, which can be found below or by visiting the Auto Remarketing Podcast page.  Keep […] [Read More]

Toyota. Toyota. Toyota. Toyota. That vehicle manufacturer is known for its reliability and durability, and a new study from iSeeCars.com proves it again. Toyota vehicles occupy the top four spots in iSeeCars’ latest study, titled, “Cars People Keep the Longest.” The study starts out by showing the top 15 vehicles owners keep for 15 years […] [Read More]

Used-vehicle sales, which various analysts have predicted to either decline slightly or remain steady, should remain north of 39 million units this year and continue to be a bright spot for dealers. And among the tailwinds pushing the used-car sales market, along with credit access and pricey new vehicles, says BBVA, is what the financial […] [Read More]