Does the Internet mean the end of solid gross profits? This is a question every retailer faces, but retailers in other industries understand their higher and lower margin products. In the auto industry, dealers traditionally haven’t thought about having high and low margin products in their pre-owned cars. Therefore, the first step towards earning high […] [Read More]

Automotive finance and insurance product company JM&A Group announced Tuesday the launch of a new plan designed for lease and short-term vehicle owners. Term Care Select offers drivers mechanical failure protection on the majority of mechanical components, as well as wear-and-tear coverage on items such as brake pads, batteries, headlamps, belts and hoses, fuses, light […] [Read More]

Chrysler and Ford both apparently slashed incentives by almost 20 percent year-over-year during the second quarter, according to TrueCar. The company is also predicting that each automaker will see sales climb from a year ago, although Chrysler’s surge is believed to be much more significant. These topics and more could be on the table this […] [Read More]

Online auto shopping activity is on the rise and could be leading to a climb in floor traffic for dealers. After two consecutive months of decline, the Dataium Auto Shopper Intensity Index turned upward in June, indicating stronger sales volumes for the industry during the next 45 to 60 days. Highlights from June’s ASI index […] [Read More]

On Monday, Edmunds.com rolled out its awards spotlighting the 2011 model-year vehicles with the lowest five-year ownership costs, and two brands, in particular, stood out from their peers. Across the 23 categories of the 2011 Lowest True Cost to Own Awards, Honda took five spots and Ford notched four honors. Breaking it down, Honda was […] [Read More]

To determine what vehicle buffs believe is the best muscle car, intake manifold and more, eBay Motors rolled out its second annual People’s Picks campaign. Now running through Sept. 30, eBay Motors explained People’s Picks gives car lovers the chance to vote on the best vehicles, parts and accessories with an international audience. Voters are […] [Read More]

Sometimes mixing together veteran repossession agents and forwarding companies can create a combative situation. But that’s not the approach Time Finance Adjusters’ executive director takes. In fact, Ron Brown told Auto Remarketing that he has “no problem with forwarders. I admire them as a matter of fact.” For example, Brown shared that he counts David […] [Read More]

Skip-tracing expert Alex Price is offering several chances this week to learn more strategies to find debtors and vehicles. In his role as national sales director and training manager of MasterFiles, Price is holding five free sessions titled, “Learn How to Turn Skip-Tracing into Skip-Collecting.” The first hour-long Webinar begins today at 2 p.m. ET.  […] [Read More]

In a Webinar geared toward credit unions and other auto lending institutions, NorthLegal Training and Publications plans to outline several questions that should be answered in order for a vehicle recovery to be processed legally. The session titled, “Repossessions: Before You Pick Up Collateral,” is set for Thursday at 1 p.m. ET. The agenda includes […] [Read More]

Stemming from a belief that used-vehicle prices likely peaked in June, NADA Used Car Guide insisted average trade-in values of many popular, fuel-efficient small units from the 2006-2009 model years are still expected to be higher next month than when the year started. In fact, senior analyst Jonathan Banks projected these average trade-in values to […] [Read More]