In December 2015, CarGurus announced the launch of its website in the United Kingdom, which marked the company’s first foray into Europe. And soon, you can expect to see a second European market added: Germany. In a March 13 phone interview with Auto Remarketing International, Sam Zales — who is chief revenue officer/president of international […] [Read More]

When one thinks of vocational expertise in the remarketing industry, areas like sales, marketing, finance and business management might be the first to come to mind — and rightfully so. Physics, though? Not so much. But that’s a piece of the resume for Ben Flusberg of RMS Automotive, who has degrees in that field from […] [Read More]

Auto Financial Group announced on Wednesday that Dave Pratt recently joined its vehicle remarketing department as remarketing manager. Pratt has more than 20 years of experience in the automotive industry. He has worked in various capacities at dealerships throughout his career, which includes successfully fulfilling a role within the fleet lease industry as a sales […] [Read More]

The Gig Economy. It’s here. It’s now.  It’s real.  But, what is it? And how does it impact car dealers? The answer to the latter may have some implications for financing and certified pre-owned. (More on that below). I was Ubering to the airport last week and chatting up the driver.  I asked him how long he’s […] [Read More]

Recently Black Book, analyzed various affordable cars once purchased modestly at MSRP that have significantly risen in value and have become great collectibles. "What makes a car a collectible over time includes any number of factors that include popularity, pop culture, and production volume," Black Book's specialty products director Eric Lawrence said in a news release. […] [Read More]

As the online vehicle retailer erects more car vending machines and enters into new markets, Carvana is also broadening its partnership to help potential buyers obtain financing, with the latest move coming Wednesday with Randolph-Brooks Federal Credit Union (RBFCU), the second-largest credit union in Texas with more than $7.5 billion in assets. Executives highlighted the […] [Read More]

ACA International, the association of credit and collection professionals, recently released an analysis of complaints submitted to the Consumer Financial Protection Bureau in a new white paper titled, “A Review of Debt Collection Complaints Submitted to the Consumer Financial Protection Bureau’s Complaint Database in 2016.” In the white paper, ACA argues that although the overall […] [Read More]

Despite some quality issues with the Tesla Model S and Model X, current Tesla owners appear to have great appreciation for the brand, but drivers who purchase the brand’s upcoming model — the Model 3 — are less likely to overlook complications, according to a J.D. Power report released on Tuesday titled Tesla: Beyond the […] [Read More]

On Monday, Kelley Blue Book announced its first in a series of international launches with the introduction of Kelley Blue Book in Portugal at KBB.PT. According to a 2017 TGI Grupo Marktest study, price was the No. 1 important factor for both new- and used-vehicle shoppers in Portugal, with 74 percent of new-model buyers and […] [Read More]

While consumers are more apt to visit stores on days that are warmer and drier — making it easier for dealerships to move inventory — a report recently released by The Weather Company showed that cooler temperatures and inclement weather more likely drive consumers to choose to stay home and want to do research online via their […] [Read More]