When consumers take on retail financing for their vehicle purchase, often they’re stretching out terms as long as possible to keep their payments affordable. Experian Automotive put the average new-vehicle contract length at 68 months, according to its first-quarter data. But when it comes to leasing, just the opposite term is sought by consumers. The […] [Read More]

As collectors and enthusiasts gather for the glitz and glamour of the Pebble Beach Tour d’Elegance as part of Monterey Car Week, Edmunds.com has revealed some interesting insights into the day-to-day vehicle choices of America’s wealthiest drivers. Turns out, most opt for practical over posh. According to an analysis of January-May 2016 vehicle registration data from […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Lou Loquasto, auto finance leader at Equifax. Auto Remarketing: What’s your assessment of how much momentum leasing […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Ken Shilson, president and founder of the National Alliance of Buy-Here, Pay-Here Dealers. Auto Remarketing: What are the […] [Read More]

Turns out the color of your car matters more that you might think. (And no, we’re not talking about the myth that red cars attract more speeding tickets.) A recent analysis by Boston-based iSeeCars found that the color of a vehicle can affect its retained value. Model year 2013 orange and yellow cars, the research […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Tony Hughes, the managing director of credit analytics at Moody’s Analytics. Auto Remarketing: Generally, does the investment community find […] [Read More]

While Fitch Ratings said U.S. auto lease ABS residual performance is still producing gains overall through mid-summer despite rising used-vehicle supplies, this week’s update from Swapalease.com about lease approvals wasn’t so positive. In fact, Swapalease.com reported that the 58.3 percent approval rate for vehicle lease credit applicants in July represented the lowest single-month tally so […] [Read More]

Re3 Conference panel discussion moderator and Intellaegis president John Lewis needed some time to comb through the debt collection regulation proposal released by the Consumer Financial Protection Bureau about two weeks ago. While much of the CFPB’s latest material is geared toward third-party collections, Lewis cautioned repossession companies that are already struggling to maintain compliance […] [Read More]

Fitch Ratings took another look at the impact rising wholesale supply is having. This week, analysts explained U.S. auto lease ABS residual performance is still producing gains overall through mid-summer despite rising used-vehicle supplies. However, Fitch indicated further increases in vehicle supply during the second half of this year and into 2017 could lead to […] [Read More]

The amount of off-lease inventory flowing into Kia’s certified pre-owned program will likely double this year. That’s proving fruitful for a brand that just finished its best two months ever for CPO sales.  And, most likely, the CPO market as a whole.  In July, Kia moved 7,007 certified units for a 20.6-percent year-over-year gain, according […] [Read More]