Experian recently determined that the average lease payment originated during the second quarter rose $19 year-over-year to $431. And consumers appear to have the credit profile to handle such a commitment since Swapalease.com reported that vehicle-lease credit application rates continued to improve in August. Site officials shared on Tuesday that their August approval rate came […] [Read More]

When it comes to the average number of days that used-cars stay on the market, hybrid and electric vehicles most often have the upper hand as far as attracting buyers the fastest. At a time when the average used-car between model years 2015 to 2017 spends an estimated 46.4 days on the market, both hybrid […] [Read More]

J.D. Power has unveiled that the Porsche 911 model has the highest rating on its JDPower.com 100-Point Score ranking, which is based on several thousand verified car owner experiences. The company announced Friday that the latest review of its consumer insight study collection shows that the Porsche 911 is the highest-rated 2018 model year vehicle […] [Read More]

Two new industry reports offer auto dealers meaty planning observations with advice on how to prevent choking. While the data is parsed finely, the overall conclusion drawn from Cox Automotive’s Car Buyer Journey 2018 and EY’s (formerly Ernst & Young) Automotive Retail 2030 is that consumers still value and need the physical dealership, but dealers […] [Read More]

In this episode, Libby Murad-Patel of Jumpstart Automotive Media talks about the intricacies of consumer interest in crossovers and SUVs and how those are reflected in the used-car market. Plus, she explains the opportunities the auto industry has with "influencer marketing" and the best strategies to take advantage. The full discussion can be found below. Download and […] [Read More]

With various economic and political factors at play, don’t expect the strength in the used-car market, be it unit sales or prices, to die down any time soon. “Our view is that it’s going to go on for quite some time,” Cox Automotive senior economist Charlie Chesbrough said Tuesday during a conference call with reporters. […] [Read More]

Car enthusiasts were asked which NFL franchise reminded them of a driverless car, and the obvious choice could have been one of two teams near Silicon Valley, given the region’s ties to automotive tech. But instead, participants in the fourth annual NFL and Cars survey from Swapalease.com most often cited the Cleveland Browns (at 19.3 […] [Read More]

How vehicles are being used continues to evolve with measurements of changes being catalogued in figures like millions and billions. A new study from Juniper Research released on Tuesday has found that adoption of MaaS (Mobility-as-a-Service) platforms will replace more than 2.3 billion urban private vehicle journeys annually by 2023, compared with just 17.6 million […] [Read More]

The Chevrolet Suburban is the overall winner of AutoPacific’s latest Ideal Vehicle Awards (IVA), which recognizes vehicles that impress owners the most. And U.S. brands, in general, led the way.  Including Chevrolet, which dominated with six IVA wins this year. Parent company General Motors won seven categories (one from Cadillac and the six from Chevy. Chevrolet won all […] [Read More]

When it comes to the usefulness of technology inside of vehicles, satisfaction among car buyers has increased. According to the J.D. Power 2018 U.S. Tech Experience Index (TXI) Study, released Wednesday, overall satisfaction with new-vehicle technology among owners of luxury vehicles averages 766 (on a 1,000-point scale), while satisfaction among owners of mass-market vehicles is 765. This […] [Read More]