It has been a decade since the certified pre-owned vehicle market began the year with these kinds of numbers. A Cox Automotive Data Point report, citing Motor Intelligence, indicates there were 215,959 CPO sales last month. Not only is that an 8% year-over-year gain, it’s the best January for CPO sales since 2010, Cox Automotive […] [Read More]

Phong Ly notes that the “iconic and indestructible” Toyota Land Cruiser has roots dating back to 1950 and is designed to last at least 25 years. Many developing countries where off-road driving is the norm rely on the vehicle, Ly said. “Like the Land Cruiser, the Toyota Sequoia is built on a truck platform, so […] [Read More]

In the second of the Auto Remarketing Podcasts recorded at NADA Show 2020, Cars.com executive vice president Dean Evans talks about the transition from linear TV advertising to in-market video. Evans also talks about the state of automotive advertising today and the trends dealers and automakers should watch. Plus, get his take on the recent […] [Read More]

To begin our series of podcasts recorded at NADA Show 2020, we sit down with Jessica Stafford, senior vice president and general manager of Autotrader and Kelley Blue Book. Jessica explains the upgrades to the Autotrader platform, how the two brands aim to make car-buying easier and the evolution in appetite for digital retail. Plus, […] [Read More]

When a customer decides to lease a new vehicle, captive financing companies, national banks and credit unions can make the transaction easy and efficient. However, few buyers understand just how complex the financing process is. In particular, one of the most important calculations a finance company makes is determining the vehicle’s residual value in three […] [Read More]

Swapalease.com reported that the rate of vehicle lease transfer approvals softened a bit during the opening month of the year compared to the closing month of 2019. But compared to the start of the past two years, the January reading represented a notable improvement. Site officials determined vehicle lease credit applicants registered an approval rate […] [Read More]

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]