Thanks in part to surging sales of 1- to 5-year-old vehicles — right in the wheelhouse of many certified pre-owned programs — the total value of all used cars sold industry-wide last month climbed more than 16 percent year-over-year and reached a whopping sum of $35.8 billion, according to CNW Research. The firm said in an […] [Read More]

Throughout most of 2014, trucks remained popular, but perhaps most notably, showed significantly stronger price retention than their smaller counterparts. And the story was no different during the last month of the year. The midsize pickups trucks, in particular, saw prices hold the strongest this past month out of all vehicle segments, according to Kelly Blue […] [Read More]

CarGurus recently released the list of the used vehicles that were the most popular with shoppers on its website. The top 10 list, based on the number of unique shoppers inquiring to dealer and private seller listings, ranked the results by models that had been searched for between Jan. 1, 2014 and the end of the […] [Read More]

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]

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]

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]

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]

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]

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]

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]