Not only is lease penetration riding a record wave, leasing volume may experience a never-before-seen trend in 2016, as well. That’s according to Edmunds.com, which shared commentary from executive director of industry analysis Jessica Caldwell ahead of automakers reporting car sales on Thursday. “Leasing accounts for a larger share of new-car transactions than ever before, […] [Read More]

There is a considerable contrast between actual start-to-finish transaction times car buyers experience and what dealers believe is ideal, according to eLEND Solutions' survey of dealers nationwide published on Wednesday. While 36 percent of dealers surveyed said the ideal amount of time shoppers should spend in their dealership during the buying process is less than […] [Read More]

In honor of Auto Remarketing's 25th anniversary this year — which we are celebrating with our Dec. 1 issue  — 25 reasons, in no particular order, why I’m excited about AR & covering the auto industry: — There is always a new, innovative company to learn about in the used-car business. — We get to interact personally […] [Read More]

ACA International, the association of credit and collection professionals, released a new white paper this week. The paper titled, “Business Practices and Capabilities within the Debt Collection Industry,” examines the potential impact of additional Consumer Financial Protection Bureau regulatory measures on member organizations and the debt collection industry. “The Small Business Administration Office of Advocacy […] [Read More]

On Wednesday, SUVS.com published its list of this year’s top SUVs after examining offerings in each segment. "With SUVs starting to take a majority stake hold in US vehicle purchases, we felt that it would be important to highlight the best options available to consumers," said Sergio Zlobin, principal at Fueled Up, the parent company […] [Read More]

It’s Election Day, but that isn’t exactly why Bill Zadeits is busy on this particular Tuesday. There are neat stacks of documents on the round table in his office — all cookie-crumbs of preparation as the Auto Remarketing publisher readies himself for another Used Car Week, just six days away. It’s the magazine’s signature event, and […] [Read More]

There have been 3.84 million auction sales of vehicles age 8 or younger so far this year (through Oct. 24), according to NADA Used Car Guide. This is a 7-percent hike from the same period of 2015, and the gain for late-model volume is even stronger. The company said in its latest Guidelines report that […] [Read More]

CarGurus conducted a survey of more than 1,000 U.S. consumers to gather their opinions around how the recent presidential election will impact the automotive industry and their plans to buy a vehicle. Overall, survey findings showed many expect both vehicle and gas prices to increase, and even more expect to see fewer government incentives for […] [Read More]

The Federal Communications Commission Enforcement Bureau and the Canadian Radio-Television and Telecommunications Commission recently finalized a formal agreement, committing the two agencies to work together to combat what they deem to be unlawful robocalls. Officials explained the Memorandum of Understanding represents the FCC’s commitment to working cooperatively with international regulators to combat robocalls and caller […] [Read More]

There are more vehicles on U.S. roads today than ever before. And later-model vehicles should have nice lift in volume over the next few years, according to a report from IHS Markit. The analysis indicates that there are more than 264 million registrations for light vehicles in operation in the U.S. Not only is this […] [Read More]