In the State of the Automotive Finance Market report released Wednesday by Experian Automotive, Melinda Zabritski detailed the healthy trends being spotted in car financing through the second quarter of this year. Prior to this report, Zabritski shared a few other auto financing-related trends as part of Auto Remarketing’s annual Power 300 issue. Below is our […] [Read More]

Numerous reports highlighting the alarming depreciation rate of electric vehicles have been surfacing, and this trend could be a challenging one for the industry. In fact, many of the 2012 model EVs now cost less than their gas counterparts — surprising, after new premiums were so steep just a few years ago. And Larry Dixon, […] [Read More]

As we continue our series of features from the Power 300 issue of Auto Remarketing, we turn to a Q&A with Avi Steinlauf, chief executive officer at Edmunds.com. In this story, Steinlauf discusses the grassroots technological ventures at Edmunds, the off-lease environment, the growing online retail space, the certified pre-owned market and more. Auto Remarketing: […] [Read More]

Consolidated Asset Recovery Systems — again the sponsor of this year’s Re3 Executive of the Year Award to be presented during Used Car Week — is offering two chances to attend a free webinar examining the issues associated with vehicle transportation. The session titled, “Leveraging Transportation to Optimize Recovery Costs: A Look Into the Future,” […] [Read More]

Recovery management services provider Millennium Capital and Recovery Corp. recently achieved the AT101 Service Organization Controls (SOC) 2, Type 2 Report for the fourth consecutive year.  The company highlighted the SOC 2 examination has taken on greater significance during the past couple of years as consumer finance companies work to attain greater assurances regarding their […] [Read More]

While strong used-car prices likely comes as good news for folks selling used vehicles in the wholesale markets, there are also a few positive implications for dealers on the retail side. According to the latest Manheim Used Vehicle Value Index report, wholesale prices were up 1.1 percent year-over-year in July (on a mix-, mileage- and […] [Read More]

When the calendar turned to August, our enthusiasm for Used Car Week ramped up a few more RPMs. The excitement level also was juiced by nearly another dozen sponsors coming aboard for our series of industry-leading conferences that run from Nov. 16-20 at the Phoenician in Scottsdale, Ariz. The latest additions include: CPO Forum Edmunds.com SubPrime […] [Read More]

If it’s not on your radar already, one industry trend will be soon as the stats become increasingly hard to ignore. That is, electric vehicles’ alarming depreciation rates. According to new data and insight from Black Book, EVs continue to face much heavier depreciation rates than their gas counterparts. In some instances, consumers can shell […] [Read More]

Today’s installment of the Q&A series from the recent Power 300 issue of Auto Remarketing features Jared Rowe, the president of Autotrader. In this story, Rowe covers everything from certified pre-owned opportunities to facilitating quicker F&I processes and the consumer experience. Auto Remarketing: You’ve said in the past that although good work is being made […] [Read More]

To help navigate this regulatory terrain created by the Consumer Financial Protection Bureau, Vendor Transparency Solutions together with Weltman, Weinberg & Reis will be presenting a free live webinar for auto finance companies and their contracted service providers. The webinar will be presented by Michael Dougherty of Weltman Weinberg & Reis, a leading authority on […] [Read More]