Analysis
Market conditions continue to chip away at high used-car values
Wednesday, Jun. 28, 2017, 06:38 PM
Arlena Sawyers , Special Correspondent
Overall used-vehicle values are high, hoisted by truck prices strong enough to pull weakened used cars along for the ride. It’s a trend most analysts who measure how the growing onslaught of off-lease cars and trucks impact used-vehicle prices expect to continue, at least for the rest of 2017. But they also expect laws of supply […] [Read More]
Podcast: CarGurus chief revenue officer Sam Zales
Tuesday, Jun. 27, 2017, 08:39 PM
Auto Remarketing Staff
In our second podcast from the Boston area, we chat with Sam Zales, chief revenue officer at CarGurus. Inside the company's Cambridge, Mass., headquarters, Sam and Auto Remarketing's Joe Overby talk transparency in car-buying, the backbone of CarGurus, moving to the upper-funnel of the shopping process and more. Plus, Sam shares how being a Jets […] [Read More]
How car buyer’s remorse has changed since 2009
Monday, Jun. 26, 2017, 08:32 PM
Auto Remarketing Staff
While fears of vehicle depreciation have not changed much in eight years, it appears the likelihood a consumer regrets the specific vehicle he or she bought has climbed. That’s according to a Google Consumer Survey fielded on March 29 and commissioned by CarMax, which examined car-buying preferences and attitudes of online consumers who have purchased […] [Read More]
Jeep dominates top ‘American-Made’ list
Monday, Jun. 26, 2017, 03:37 PM
Auto Remarketing Staff
The Cars.com annual ranking of the "most-American" vehicles has not only been revamped this year, but for the first time, the Jeep Wrangler/Wrangler Unlimited tops the company's list, followed by the Jeep Cherokee in second place. All engines and roughly all transmissions for the Ohio-built SUVs from Fiat Chrysler Automobiles originate from the U.S., according to Cars.com. The models’ […] [Read More]
4 July 4th patriotic fun facts about what Americans drive
Friday, Jun. 23, 2017, 03:29 PM
Auto Remarketing Staff
In celebration of July 4th, Swapalease.com has come out with some patriotic fun facts about what Americans are driving. Though men and women may share the same anticipation for the holiday, Swapalease says that males drive American-made cars considerably more than females. While 67 percent of men drive American-made cars, the site found that just 44 […] [Read More]
15 models with monthly payments less than $200
Thursday, Jun. 22, 2017, 06:52 PM
Auto Remarketing Staff
Wantalease.com highlighted on Thursday that there currently are 15 vehicles offered for a monthly payment of $199 or less; and three models where the monthly commitment is below $150. Boasting the lowest monthly payment on the site is the Nissan Sentra SV, which site officials pegged the obligation at $109 per month. The site calculated […] [Read More]
Strongest world growth expected since 2010 could help EU auto rebound
Thursday, Jun. 22, 2017, 02:23 PM
Auto Remarketing Staff
In what could be good news for the automotive industry, Fitch Ratings projected in its latest Global Economic Outlook (GEO) that the recovery in global growth is strengthening and is expected to pick up to 2.9 percent this year and peak at 3.1 percent in 2018, which would be the highest rate since 2010. “Faster […] [Read More]
Consumers show strong midsize sedan loyalty
Wednesday, Jun. 21, 2017, 07:09 PM
Auto Remarketing Staff
Consumers’ loyalty to midsize sedans is currently strong and shopper interest across all luxury SUV/CUV segments is up 2 percent from April, according to Jumpstart Automotive Media’s latest shopper interest data report. Interest in midsize sedans across Jumpstart’s portfolio of sites is up for the second consecutive month, rising by 4 percent during April and May. […] [Read More]
Quality, tech make used cars ‘compelling value proposition’
Wednesday, Jun. 21, 2017, 04:55 PM
Joe Overby, Senior Editor
The bucket of used vehicles reaching the retail market these days is of the later-model, higher-quality sort, and many are set up with tech amenities that aren’t too far off from the perks found in new cars. That’s driving many car shoppers to choose pre-owned, says Alex Klein, who is vice president of data science […] [Read More]
Luxury desire triggers major drop in lease transfer approvals
Tuesday, Jun. 20, 2017, 03:17 PM
Auto Remarketing Staff
It appears consumers’ desire for a luxury model and their financial capacity to take over a lease didn’t mesh together well last month. Swapalease.com reported on Tuesday that vehicle lease credit applicants registered just a 48.1 percent approval rate during May, the lowest approval rate tracked by the company dating back to 2014, when the […] [Read More]
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