In and of itself, the fact that 36 percent of taxpayers who expected to receive a refund check this year planned on spending at least part of those funds on auto-related items isn’t all that out of the ordinary, according to a survey from eBay Motors. While that proportion was up 3 percentage points from […] [Read More]

The six fastest-turning used-vehicle brands for franchised dealers in the first quarter were all from Japanese automakers, who have an overall lead over their Big 3 and fellow import brand counterparts in terms of days-to-turn in the pre-owned market. But despite this, says Edmunds.com, the biggest improvements in used-car turn rates for franchised dealers over […] [Read More]

In a list that could prove to be an additional selling point for dealers trying to move used cars with budget-conscious shoppers, AutoTrader.com released a list of what it considers to be the strongest pre-owned options for under $20,000. The list of the 10 deals, which was published Wednesday, is quite diverse, spanning nine different […] [Read More]

Shoppers have another option when trying to nail down the best rate for a new car as well as gauge their new vehicle's affordability based on income. The initial release of the monthly U.S. Auto Buyer’s Affordability Index (ABAI) from Requisite Press LLC gives shoppers and dealers a point of reference when researching new-car gauging affordability. […] [Read More]

Preferred Warranties Inc., provider of vehicle service contracts for pre-owned vehicles, has named a new sales manager for the company’s Mid-Atlantic Region.   Steve Chapman will oversee the sales activities of seven consultants, as well as business development for PWI’s territory, which includes Pennsylvania, Delaware, West Virginia and parts of Maryland and Virginia. “Steve’s proven […] [Read More]

Skip-tracing and forwarding company A. Smith Enterprises recently selected Vendor Transparency Solutions as an online compliance monitoring platform. Because of the importance of detailed compliance, A. Smith Enterprises chose VTS since the firm offers a platform to serve present and future needs of the industry. A. Smith Enterprises pointed out that VTS works for the […] [Read More]

The American Recovery Association has two free webinars scheduled for this week for member agencies and their employees, covering a wide array of repossession issues. The two sessions are scheduled for 12:30 p.m. EST on Wednesday and again at 3 p.m. EST on Thursday. One segment is titled, “The Importance of Employee Professionalism,” which will […] [Read More]

The National Automobile Dealers Association released its second annual NADA Dealership Workforce Study back in November, but the organization dug back into the report this week, releasing a few more key findings — including an interesting tidbit on pay scales. According to the report — which was produced in partnership with DeltaTrends — car dealership […] [Read More]

If you’re looking for states that are ideal for putting together a lease deal, your best bet is likely the Northeast or Upper Midwest.   According to an infographic from Equifax that breaks down the lease ranges state by state on a U.S. map, leasing commanded at least a 20-percent share of full-year 2013 originations […] [Read More]

Repossession and remarketing now have international implications for one provider, as it announces the expansion of its services. On Monday, risk management and loss migration provider Remarketing of America announced that as of this month, it will provide comprehensive vehicle repossession and remarketing solutions throughout Europe. “During the last six months, our team has developed […] [Read More]