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Monday, Jul. 14, 2025, 04:46 PM

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Analysis
$33.5 Billion in Used Sales Last Month
Monday, Dec. 1, 2014, 08:16 PM
Joe Overby, Editor
Led by a nice boost in the number of late-model vehicle sales, the total value of all used cars sold last month climbed 15 percent year-over-year and reached $33.53 billion, according to data and analysis from CNW Research. That figure includes used cars sold by franchised and independent dealers as well as those sold by private […] [Read More]
NADA Weighs in on Incentive Spending
Wednesday, Nov. 26, 2014, 03:47 PM
Joe Overby, Editor
The data makes one thing fairly clear about incentive spending: it’s substantial these days. But how are incentives really impacting used-car values? And is elevated spending enough to cause a panic? NADA Used Car Guide’s Jonathan Banks and Larry Dixon took a close look at the impact of incentive spending — plus a multitude of other factors […] [Read More]
Top Black Friday Deals On The Lots
Tuesday, Nov. 25, 2014, 09:00 PM
Auto Remarketing Staff
Black Friday isn’t just for heavily discounted electronics. The discounts are ramping up on the showroom floors, as well. For franchised dealers looking to push the season’s best deals, Kelley Blue Book released a list of the 10 best new-car steals for November. “Black Friday represents one of the hottest shopping days in America, and new-car […] [Read More]
More Predictions for Nov. Used-Car Sales
Tuesday, Nov. 25, 2014, 04:27 PM
Joe Overby, Editor
It could be a whopper of a month for used-vehicle sales, if a forecast from TrueCar bears out. The company is calling for nearly 3.1 million used-vehicle sales by the end of November. Specifically, TrueCar’s estimate is for the used market — including franchised and independent dealers plus private-party transactions — to exceed 3,079,327 sales […] [Read More]
PAR Earns TD Auto Finance Vendor Award
Tuesday, Nov. 25, 2014, 04:12 PM
Auto Remarketing Staff
ADESA announced this morning that its subsidiary, PAR North America, is the recipient of TD Auto Finance’s Repossession Vendor of the Year. TD Auto Finance chose PAR based on its outstanding ratings for compliance, performance and communication. According to the announcement, the company was the segment leader in key areas, such as repossession rate, time […] [Read More]
Used SAAR Improves, Despite Sales Dip
Monday, Nov. 24, 2014, 08:19 PM
Joe Overby, Editor
Expect monthly used-vehicle sales for November to end up a good bit softer than they were in October, but the seasonally adjusted annualized rate should actually be about 2 percent higher. An Edmunds.com analysis released Monday is predicting an estimated 2.64 million used sales for November, down from 2.96 million in October. However the used-car […] [Read More]
Lease Credit Approvals Improve Ahead of Busy Holiday Luxury Campaigns
Friday, Nov. 21, 2014, 05:26 PM
Auto Remarketing Staff
Swapalease.com reported lease credit approvals on its website rebounded during October. The rate improved to 74.1 percent compared with 64.5 percent in September. Site officials indicated roughly three out of every four lease applicants were approved in October, an important indicator given the continued popularity of car and truck leases. Year to date, Swapalease.com has […] [Read More]
22 Segments & Their CPO Premiums
Friday, Nov. 21, 2014, 05:04 PM
Joe Overby, Editor
So, how much more money will a certified pre-owned vehicle fetch than a non-CPO used car? Edmunds.com answered that very question in its Q3 Used Vehicle Market Report. What the site found was that if you took a CPO model and its non-CPO used counterpart, the certified vehicle will notch a price premium of $1,341, […] [Read More]
ALG’s Take on 15 LA Auto Show Launches
Wednesday, Nov. 19, 2014, 06:35 PM
Joe Overby, Editor
With the Los Angeles Auto Show in high gear this week and new models launching, ALG — the analytics division of TrueCar — has shared some data and analysis on how well these vehicles may hold their respective values. Below is ALG’s data as well as thoughts from vice president of industry insights Eric Lyman […] [Read More]
NIADA & NAAA PACs Highlight Political Contributions
Tuesday, Nov. 18, 2014, 07:30 PM
Auto Remarketing Staff
The political action committees of the National Independent Automobile Dealers Association and National Auto Auction Association announced they have made a joint contribution to Sen. Tim Scott, a Republican from South Carolina, in conjunction with last week's NIADA National Leadership Conference and Legislative Summit in Washington D.C. In addition, NIADA PAC announced a contribution to […] [Read More]
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