Fleurette Runyan from Consolidated Asset Recovery Systems (CARS) plans to answer four important questions during a free webinar the company is hosting at two different times next week. CARS’ director of sales for the central U.S. indicated many auto finance companies and other clients are curious about market averages for repossessions and other services. So […] [Read More]

With a record-breaking 2015 under our belts, and 2016 shaping up to be another strong year for new-car sales, many dealers are feeling confident for the coming months. If you’re in the used-car business, however, April’s showers may not bring May flowers unless you have the right tools and strategies in hand. Profitable trade-ins and […] [Read More]

Experian Automotive revealed a study on Friday indicating that leasing as a financing option for new vehicles has grown 76 percent since the company began publicly tracking the data in 2008. Additionally, the study determined the upward trend of leasing has resulted in a rising surplus of vehicles coming off lease. In fact, according to […] [Read More]

NADA Used Car Guide executive analyst Jonathan Banks frequently referenced the “reversal of a market” when he discussed nearly a half dozen different topics during his news conference on Friday to kick off the NADA Convention & Expo. Banks told the media and other industry observers that the supply of used vehicles, credit conditions for […] [Read More]

Perhaps the 2016 J.D. Power Automotive Summit poured a bit of cold water on things just as the festivities in Las Vegas cranked up ahead of the NADA Convention & Expo. J.D. Power cautioned the industry on Thursday that the U.S. auto market must adopt a more “disciplined” approach to maintain long-term health for the […] [Read More]

A central theme to a special edition of the Used Vehicle Market Report from Edmunds.com released today   — and the 2016 used-car market, in general — is the heavy amount of cars coming out of leases. There are several tentacles to this off-lease surge. For one, it represents a steady stream of vehicles ideal for […] [Read More]

As the site prepared to unveil two new solutions during the NADA Convention & Expo, Cars.com highlighted that it influenced 36 percent of 2015 total vehicle sales in the United States. How did the site arrive at that claim on Thursday? Cars.com explained the reading stemmed from this month’s data generated by Oracle Data Cloud. […] [Read More]

Along with additional details about the volume coming out of Florida, the Consumer Financial Protection Bureau released its latest monthly consumer complaint snapshot this week, focusing on debt collection coming on the heels of a special report on collections involving servicemembers. The newest information from the CFPB indicated that the most common debt collection complaint […] [Read More]

Quality. Whether you’re talking about the condition of the vehicle or the assurance the consumer is getting, quality may be one of the first words to come to mind when discussing certified pre-owned. And this quality proposition may carry over to the F&I department, as Auto Remarketing learned in reaching out to one of General […] [Read More]

Of the more than 1,400 companies in the Atlanta area that applied to be included in the 2016 Top Workplaces honors given by The Atlanta Journal Constitution along with the 150 that were recognized, five winners are familiar names in the automotive space. The rundown of companies receiving the honor on Monday included: — CarMax […] [Read More]