Analysis
How July Sales & Supply Could End Up for Dealers
Wednesday, Jul. 23, 2014, 08:02 PM
Joe Overby, Editor
Used-vehicle sales are expected to fall more than 4 percent for both franchised and independent dealers this month, making up the entirety of the 0.4-percent overall decline CNW Research is predicting for July’s used-car numbers. Such declines may give credence to one of two theories CNW laid out to explain another used-car phenomena being spotted […] [Read More]
MasterFiles EVP Schedules Free Skip-Tracing Webinars
Tuesday, Jul. 22, 2014, 03:04 PM
Auto Remarketing Staff
MasterFiles executive vice president and skip-tracing expert Alex Price has scheduled his next round of free webinars to help repo agencies and recovery executives at finance companies. Price plans to cover what he explained as three types of tracing: micro-tracing, macro-tracing and skip-tracing. Price combines what he describes as old-school skip-tracing methods with new age […] [Read More]
NARS Organizers Choose Emcee for Next Summit
Tuesday, Jul. 22, 2014, 02:58 PM
Auto Remarketing Staff
Organizers of the next North American Repossessors Summit (NARS) hosted by the American Recovery Association selected an industry veteran with more than 40 years of experience to be the event’s emcee. Leading the gathering of recovery and remarketing professionals at the seventh annual event will be Ron Brown. NARS is set for March 12 through […] [Read More]
Automakers Bet on World Cup Craze — And Win
Friday, Jul. 18, 2014, 05:18 PM
Josh Hyatt, Staff Writer
A substantial American viewership for the 2014 World Cup was expected — but the resulting record-breaking number of people tuning in to the tournament shattered all expectations. And the car brands who may benefit the most? Kia, Hyundai and Volkswagen. Over 26 million people in the U.S. viewed the World Cup Final between Germany and […] [Read More]
Used Cars to Recommend to Parents Buying for Teens
Wednesday, Jul. 16, 2014, 06:35 PM
Auto Remarketing Staff
When parents step onto the used-car lot to help their teen pick out a first car, many have two top concerns: affordability and safety. And many parents struggle with how to satisfy both those needs in the same used vehicle. In response to this need, the Insurance Institute for Highway Safety released a few lists […] [Read More]
4-Percent Jump in Auction Volume This Year
Tuesday, Jul. 15, 2014, 08:11 PM
Joe Overby, Editor
With increases in the amount of inventory flowing through the auction and other channels, dealers, it seems, are able to get their hands on an ample supply of used cars for their lots. Halfway through 2014, year-to-date auction volume is up nearly 4 percent against comparable weeks of 2013, according to the National Auto Auction […] [Read More]
GM Leases Tilt Both Ends of Price Spectrum
Wednesday, Jul. 9, 2014, 07:48 PM
Auto Remarketing Staff
In early June, analysts said General Motors’ recalls had not influenced the leasing market much yet, at that point, with incentives staying relatively stable. But the tides may be turning, as GM brands showed the most active lease price movements this past month. According to latest report on lease deals from Wantalease.com, it is GM-brand […] [Read More]
Used Cars Fetch 17% More Money in June
Tuesday, Jul. 8, 2014, 08:32 PM
Joe Overby, Editor
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]
Gas Stability Likely to Push Hybrid Depreciation Higher
Thursday, Jul. 3, 2014, 08:01 PM
Auto Remarketing Staff
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]
New Leaders Emerge in Battle for Total Quality
Thursday, Jul. 3, 2014, 07:24 PM
Auto Remarketing Staff
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]
X