Analysis
NADA Outlines 1-Year-Old Mainstream Model Retention Rates
Friday, Jan. 2, 2015, 09:21 PM
Auto Remarketing Staff
The December 2014 issue of the NADA Used Car Guide's Perspective featured part-two of its retention review, this time focusing on the value retention of several mainstream models, all of which were either all-new or heavily revised for the 2014 model year (see part one of the review, for luxury vehicles, here). In the Retention Review, […] [Read More]
US Auto Industry: 2014 in Google Searches
Tuesday, Dec. 30, 2014, 07:22 PM
Josh Hyatt, Staff Writer
2014 was rife with reward and loss. From the passing of one of our nation’s finest actors to the world’s largest and most-viewed sports competition, Google trend data for our most recently eclipsed year sheds light on what our information-craving nation was most interested in, while a seemingly infinite wealth of human knowledge is available literally […] [Read More]
10% Supply Spike for Later-Model Cars
Monday, Dec. 29, 2014, 08:30 PM
Auto Remarketing Staff
There will likely be a 10-percent increase in used vehicles ages 5 years old and newer in 2015 — and then expect continued growth for years to come. That’s according to forecasting data released in mid-December by TrueCar, which projects a normalization in used inventory this coming year. That should come as welcome news for many […] [Read More]
Happy Holidays from AR & Best Wishes for 2015
Wednesday, Dec. 17, 2014, 09:34 PM
Joe Overby, Editor
The entire team at Auto Remarketing and Cherokee Media Group wishes you a safe and happy holiday season and best wishes for the new year. This issue of Auto Remarketing Today will be the final edition of 2014 before we take a holiday break. We thank you for your interest, support, readership and feedback this year. It is much […] [Read More]
4 CPO Models Included in Top 10 Must-Shop Family Cars
Wednesday, Dec. 17, 2014, 08:25 PM
Auto Remarketing Staff
Certain dealers in the certified pre-owned space may have another selling point this holiday season. Four of what AutoTrader.com editors consider to be the “top 10 must-shop family cars” are CPO models. While the company also noted the year-end bargains as dealers clear their lots for new inventory for the new year, AutoTrader.com site editor […] [Read More]
Lease Approvals Climb to 2nd Highest Rate of 2014
Wednesday, Dec. 17, 2014, 07:46 PM
Auto Remarketing Staff
Swapalease.com reported on Wednesday that lease credit approvals during November continued to increase, fueling even more end-of-year momentum for lease applications and vehicle exchange rates. Site analysts noticed November’s reading marked the second-highest monthly lease approvals rate, coming in at 84.2 percent. They recapped that the August rate was 85.7 percent. Swapalease explained that the monthly approvals […] [Read More]
Considerations for Cross-Country Shipping
Tuesday, Dec. 16, 2014, 08:12 PM
Martha Garcia-Perry, MetroGistics
As the economy has been improving and vehicle sales have been increasing, transportation companies have been getting more requests to coordinate cross-country shipments. More fleet procurers are finding good deals at auctions outside their usual purchasing region. When shipping cross-country, factors like distance and weather definitely impact delivery dates. Alisha Bray, MetroGistics’ West Coast/Midwest dispatch […] [Read More]
What Millennials Really Want
Tuesday, Dec. 16, 2014, 06:26 PM
Pat Ryan, Jr. and Patrick McMullen, MAX Digital
Sixty-four million millennials are expected to purchase a car in the U.S. in the next five years alone. A new study provides important insights into what the emerging Millennial generation is really looking for when buying a car. The millennials, once known as the “Baby Boom Echo” (or Gen Y), are the largest generation in […] [Read More]
NARS Sponsorship & Exhibitor Opportunities Now Available
Tuesday, Dec. 16, 2014, 03:40 PM
Auto Remarketing Staff
The American Recovery Association — organizers of the North American Repossessors Summit (NARS) — recently announced sponsorship opportunities and exhibitor space are now available for its seventh annual event that begins on March 12. In addition to the usual sponsorships allocated for the cocktail reception, lunch, breakfast as well as snack and networking, among others, […] [Read More]
Where Are All the Sports Cars, Heavy-Duty Trucks?
Friday, Dec. 12, 2014, 03:35 PM
Sarah Rubenoff, Staff Writer
Even as temperatures dropped and holiday shopping began, auto shoppers’ pocketbooks weren’t stretched too thin to show some interest in the sports car market. For the second month in a row, pre-owned vehicles in high demand and short supply are mostly sporty models, sporty-luxury models and some utilities, mostly on the luxury end. That’s according […] [Read More]
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