Used cars are not only more fresh these days, but they're also much more valuable. And this growth in value is showing up in the prices people are willing to pay for these pre-owned vehicles. In fact, the total value of used cars sold in June was up 17.3 percent from a year ago, according […] [Read More]

It seems interest in hybrid and electric vehicles might be slowing as predictions of more stable gas prices are on the horizon, NADA Used Car Guide analysts pointed out in a recent analysis. . In fact, according to the latest NADA Perspective report that highlighted hybrid vehicle market performance, hybrid electric vehicle sales are down […] [Read More]

Topping the rankings in Strategic Vision’s 19th annual Total Quality Index (TQI) for 2014 are Tesla, Audi and Kia. The honor for Best Model in Total Quality went to the Tesla Model S, garnering a near-perfect score on the TQI scale. Kia led the way in the mass market segment while Audi, followed closely by […] [Read More]

Sales-wise, there wasn’t much growth to speak of in the used-car market during June. And there weren’t as many shoppers. But the money — now, that was much better. CNW Research said that based on the transaction prices it tracks, there was a 17.3-percent year-over-year increase in the total value of used-vehicles sold last month […] [Read More]

Findings from the 2014 Collection Agency Operations and Technology Survey BillingTree emphasized two points about how agencies of all sizes are looking to enhance their operation. The survey showed agencies are contemplating higher adoption rates of technology to meet the demand for consumer choice while achieving their business goals of reducing overall operational costs and […] [Read More]

When it comes to the hottest used-car models among consumers, the name of the game appears to be reliability. That’s according to Kelley Blue Book, which provided Auto Remarketing with a list of the 25 most sought-after used vehicles on its website, and an explanation as to why the handful of cars at the top […] [Read More]

As summertime really heats up with Fourth of July coming later this week, Manheim chief economist Tom Webb again addressed the question of how changing gas prices are going to influence the wholesale and retail markets. The latest query came in light of tension resurfacing in Iraq not having a dramatic impact at the pump […] [Read More]

For both dealers and finance companies, the cost of being compliant is on the rise. Recent reports and reprimands are giving concrete financial figures to what making installment loans attached to vehicles entails nowadays. Before getting into those numbers, Rick Hackett touched on the reason why compliance is such an important — and consequently costly […] [Read More]

ACA International, the Association of Credit and Collection Professionals, recapped a recent decision by the Ninth Circuit Court of Appeals that determined a consumer had standing to assert claims based on collection letters he did not receive. Officials explained the court arrived at its decision because the alleged violation of the plaintiff’s statutory right not […] [Read More]

Along with making its projection for this month’s new-vehicle sales total, Kelley Blue Book revealed this year’s list of what editors believe are the 10 Coolest Cars Under $18,000. Headlining this year’s group, along with being featured on KBB’s annual affordable “cool cars” list every year of the vehicle’s 11-year existence, was the redesigned Mazda3. […] [Read More]