Analysis
Autotrader, Cars.com, Edmunds & KBB dissect Super Bowl ad impact
Monday, Feb. 3, 2020, 08:24 PM
Auto Remarketing Staff
With many Super Bowl television viewers likely watching Sunday night’s game with a smartphone in hand, Autotrader, Cars.com, Edmunds and Kelley Blue Book tabulated which automakers generated the most buzz with their TV commercials to their respective websites. Analysts from the quartet of vehicle-listing sites reviewed site traffic associated with the OEMs that shelled out […] [Read More]
PODCAST: Annual Women in Auto Finance panel discussion
Monday, Feb. 3, 2020, 08:19 PM
Auto Remarketing Staff
In this episode of the Auto Remarketing Podcast, we continue with our special episodes recapping general sessions from Used Car Week. Next up is our annual Women in Auto Finance panel discussion. Moderated by Cortney Osborne of American Recovery Service, this panel features: Tina Love of Allied Solutions Carol Moore of Hyundai Capital America Michele […] [Read More]
Consumers could continue gobbling up used small cars this year
Friday, Jan. 31, 2020, 09:05 PM
Daryl Lubinsky, Correspondent
Chase Disher has heard the talk about how consumers are “gobbling up light trucks.” “But our data shows that most small cars and crossovers remain hot items on the used market,” Disher, who is an analyst at Autolist.com, said in a news release. Disher is referring to a new Autolist study, and the title of […] [Read More]
Vehicle shoppers seeing black and white
Friday, Jan. 31, 2020, 08:22 PM
Auto Remarketing Staff
iSeeCars chief executive officer Phong Ly notes that Apple helped make the color white popular through the launch of the iPhone. “And consumers may associate it with being modern,” Ly said in a news release. White is one of the easiest colors to maintain, Ly said, adding that it actually hides dirt better than most […] [Read More]
Swapalease.com watches approvals close 2019 near year high
Thursday, Jan. 30, 2020, 05:48 PM
Auto Remarketing Staff
Swapalease.com reported that the approval rate for vehicle-lease credit applicants on its website finished 2019 at a strong pace. Site officials reported this week that the approval rate came in at 72%, marking a rise from the November rate of 67.1%. Swapalease.com found that December contained a slightly higher number of applicants with qualifications for […] [Read More]
Premier Financial Services highlights strong demand for exotic-vehicle leasing
Wednesday, Jan. 29, 2020, 07:19 PM
Auto Remarketing Staff
Dealer principals and general managers likely are used to seeing the healthy pace of their mainstream new models departing the store as a leased vehicle. In fact, Experian reported 28.76% of new models left franchised stores as a leased unit during the third quarter. Well, leasing of exotic and vintage vehicles appears to be quite […] [Read More]
Pre-owned an option to keep displaced sedan loyalists
Tuesday, Jan. 28, 2020, 09:29 PM
Auto Remarketing Staff
Cutting sedans from the lineup could put automakers at risk of losing “sedan loyalists,” but the pre-owned market is one potential way to keep those buyers in the fold. Among a deep set of data in the second annual CarGurus Sedan Survey was this nugget: Almost a third (32%) of current sedan owners who want […] [Read More]
Used-car sales begin 2020 with 6% increase, ALG forecasts
Tuesday, Jan. 28, 2020, 06:32 PM
Joe Overby, Senior Editor
ALG, the analytics subsidiary of TrueCar, is calling for a 6% year-over-year rise in used-vehicle sales for January, forecasting a monthly sum of 3,329,070 units sold. That would also be a 12% month-over-month hike. It’s a strong start to the year that industry analysts are projecting to show steadiness or slight declines in used-car sales. Cox […] [Read More]
Wantalease.com projects top 3 red vehicles to lease for Valentine’s Day
Wednesday, Jan. 22, 2020, 03:30 PM
Auto Remarketing Staff
Wantalease.com is looking ahead to one of the most romantic holidays on the calendar, not only reporting the most attractive lease offerings available in January but forecasting which red vehicles will be best to lease for Valentine’s Day. Site officials recapped this week that several manufacturers offered attractive discounts and competitive pricing on midsize cars […] [Read More]
Global demand for EVs accelerates; autonomous interest stalls
Tuesday, Jan. 21, 2020, 09:39 PM
Daryl Lubinsky, Correspondent
Automakers continue to spend billions on advanced vehicle features such as autonomous vehicle technology, assuming that consumers will pay a premium to gain access to those advanced technologies when they appear on the market, according to audit, consulting, tax and advisory services company Deloitte. However, results from the 2020 Deloitte Global Automotive Consumer Study show that […] [Read More]
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