Lease penetration for February is speeding away at an all-time clip, according to J.D. Power and Associates, which said at this pace, the month’s leasing rate would beat a record set nearly a decade-and-a-half ago. Interestingly enough, J.D. Power’s analysis of its Power Information Network data also indicated that long-term loans are on track for […] [Read More]

On Friday, NADA Used Car Guide released the first of a two-part series on vehicle value retention. This latest monthly NADA Perspective report tackles retention within passenger car segments and next month’s will look at trucks. So what car segments and individual models maintain their values the best? First, here’s how NADA UCG went about […] [Read More]

Kia Motors America and JM&A Group have renewed their deal for JM&A to be the provider of F&I products for Kia dealers.   The two companies first signed a deal in 2007. The lineup of products JM&A provides to Kia dealers, referred to as Kia Distinction, includes the following: —Vehicle protection plan —Maintenance plan —Road […] [Read More]

It’s not yet clear how extensively financing legislation in recent years will end up impacting the used-car dealer industry, but market research from IBISWorld suggests that during the next five years, used dealers will find some promise in the lease-here, pay-here market. Additionally, there could be more good news in store for the overall used-car […] [Read More]

Amid the increased buzz in the new- and used-car markets that comes with the start of the spring selling season, there are three connected trends at play that are likely to downwardly impact used-car prices, according to AutoTrader.com. Juan Flores, director of operations for the Trade-In Marketplace at AutoTrader.com, said that as the season begins […] [Read More]

Don't miss the opportunity to honor the exceptional women of the remarkeitng industry. The March 7 deadline for nominations for the 2014 Women in Remarketing class is less than two weeks away. Do you work with an exceptional female colleague? Know any leading ladies in the industry? Auto Remarketing is opening up nominations for the […] [Read More]

The wintry weather that has wielded its wrath throughout the U.S. in early 2014 appears to have varying impacts among publicly traded dealer groups. In a conference call with Wall Street analysts this week, Sonic Automotive executives said that the weather will likely have a modest downward impact on earnings, but it’s nothing “catastrophic” and […] [Read More]

Overseas markets are proving to be fertile grounds for lease transfers from the U.S., particularly in a few Western European nations, according to data released Tuesday by online lease marketplace Swapalease.com. The site believes it’s becoming more common to see takeovers of U.S. leases occur solely for shipping the cars overseas once the term ends. […] [Read More]

There were more than 200 acquisitions made by U.S. dealerships in 2013, and the leading franchises in these purchases were Chrysler and Jeep brands. That’s according to “The 2014 Dealership Acquisition Report” from The Banks Report. Overall, U.S. dealers bought 202 dealerships last year, 180 of which were in the U.S. The remaining 22 were […] [Read More]

This January, a luxury SUV knocked a luxury coupe off its post as scarcest certified pre-owned vehicle in the nation. This past month, the CPO Cadillac Escalade EXT took the top spot on the national scarcity list, pushing the certified Porsche Cayman down to No. 2. This is according to the latest installment of vehicle […] [Read More]