Are you a cars’ geek? Do you know all about cars, latest automotive technologies, and rare automobiles? Then your place is on autoremarketing.com – the website where the newest information about vehicles is published on a regular basis. The site has become popular in a brief time. And how could it not, since it manages […] [Read More]

Though incentive levels remained essentially flat in May, spending still came in at the second highest rate seen this year. That’s according to Cars.com data, as the site reported on Wednesday that overall incentive spending in May came in at approximately $2,680 per vehicle. NADA Used Car Guide also reported on incentive spending this week, […] [Read More]

At the same time chief executive officer Mary Barra faced General Motors shareholders during the company’s first annual meeting with her in control, Swapalease.com noticed in its latest report on vehicle incentives from May that one particular trend jumped out at site executives. Despite all the attention associated with the automaker’s recalls, Swapalease reported that […] [Read More]

A combination of factors prompted research firm IBISWorld to report that revenue for repossession agencies is projected to increase during the next five years. IBISWorld analyst Maksim Soshkin explained what is sparking that forecasted revenue rise through 2019 includes increasing per capital disposable income levels and declining unemployment predicted to create more consumer spending. As […] [Read More]

Although the average age of a vehicle on the road today is steady from a year ago and appears to have reached a “plateau,” the number of vehicles out there has hit an all-time, according to IHS Automotive. And in what’s potentially good news for dealers and their certified pre-owned operations, IHS is forecasting strong […] [Read More]

In a trend that was found to be rather consistent across different generations, used-car shoppers visiting CarMax stores have been particularly drawn to the Nissan Altima. According to the inaugural CarMax Used Car Shopping Report, the Altima is test-driven more often than any other vehicle at the company’s stores and is also the top-selling vehicle. […] [Read More]

Last month, the seasonally adjusted annualized rate for used-vehicle sales was the strongest it has been all year, according to Edmunds.com senior analyst Jessica Caldwell, who pinpointed May’s used SAAR at 36.3 million. Calling it a “strong month for used sales,” Caldwell told Auto Remarketing that an ideal financing environment for franchised dealers was among […] [Read More]

Results of the Brand Perception of Quality study orchestrated by ALG showed how Honda and Mercedes-Benz edged out their import competitors to deliver what consumers perceive to be the highest quality vehicles. ALG, the analytics division of TrueCar, indicated that Honda received the highest ratings among mainstream brands, followed by Toyota and Volkswagen. Mercedes-Benz earned […] [Read More]

The percent of people coming in with trade-ins is down from its peak level, says Edmunds.com senior analyst Jessica Caldwell, but this might actually be a good sign. In a conference call to discuss May auto sales, Caldwell said this trend likely points to “people adding to their fleets rather than just replacing.” The average […] [Read More]

These days, certified pre-owned vehicles can command a wide spectrum of premiums, depending on the specific model-year, brand and other factors. That’s according to NADA CPO value data included in the latest NADA Perspective report, which highlighted the mainstream and luxury brands generating the strongest values on their CPO models. NADA gathered data from automakers […] [Read More]