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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

DRIVING INSIGHTS: Used-car buyers are testing your knowledge – Can you pass?

Testing Your Knowledge
Drew Harden , CARFAX Canada
Attention dealers: used-car buyers are testing your vehicle knowledge. Fifty-one percent of Canadian used-car buyers told us the last time they bought a vehicle, they tested the sales person by asking a question they already researched the answer to. There is ... [Read More]

Wanted: US dealers to beta-test Mobials’ trade-in algorithm

ActiveEngage chart_19
Auto Remarketing Canada staff
A new algorithm from Mobials Inc. calculates the value of consumers’ trade-in vehicles.   Now, Mobials, which is the parent company of AutoVerify, is looking for U.S. dealers to beta-test the algorithm. Once Mobials launches the algorithm, every U.S.-based dealer signing up ... [Read More]

Prices up on used & new cars, but increase slowing

price-tag
Auto Remarketing Canada Staff
The retail prices of both new and used cars in Canada was on the rise last month compared to year-ago figures, but the rate of increase is slowing down, according to the latest autoTRADER.ca Price Index. The national median price ... [Read More]

New CFO set to join AutoCanada

board-room
Auto Remarketing Canada Staff
Effective Aug. 12, AutoCanada will have a new chief financial officer. The North American multi-location dealership group currently operating 65 franchised dealerships, comprised of 27 brands, in eight provinces in Canada as well as a group in Illinois, appointed Mike ... [Read More]

Dilawri leverages HR4 as employee engagement software partner

partnership
Auto Remarketing Canada Staff
The Dilawri Group is leveraging technology in an effort to have a single tool to manage, develop and grow their employees. The group operating 72 franchises and employing more than 4,000 individuals recently chose HR4 as its exclusive HR and ... [Read More]

Calgary-based Foundation Automotive Corp. kicks off US expansion by purchasing 5 stores in Texas, North Dakota

Foundation
Auto Remarketing Canada Staff
Calgary-based Foundation Automotive Corp. has broadened its presence and entered the U.S. market, buying five stores throughout Texas and North Dakota. In what the company calls “just the beginning” of its growth plans this year, Foundation has purchased: — Henson ... [Read More]

CBB: Used-car price strength at historic high

dealership
Auto Remarketing Canada Staff
As Canadian Black Book put it, used-vehicle values in Canada “have never been stronger” than they were in May. The Canadian Black Book Used Vehicle Retention Index was at 105.8 last month, the highest reading in the near 15-year history ... [Read More]

DRIVING INSIGHTS: Why did that customer turn down your trade-in offer?

Untitled
Drew Harden, CARFAX Canada
If you want to win more trades, you need to know exactly what makes a buyer reject or accept a deal. Today’s used-car buyers are hard to impress: 45% of them that go through the trade-in process will turn down one ... [Read More]

Vincentric awards show importance of ownership costs in vehicle purchase

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Auto Remarketing Canada staff
Vincentric describes the 2019 Toyota Avalon as having the best fuel economy, lowest insurance cost, and lowest depreciation in its class. That helped the Avalon win the Vincentric Best Value in Canada award in the large sedan segment. Toyota Canada ... [Read More]

Used-vehicle retail prices up more than 4% in May

car-side-window
Auto Remarketing Canada Staff
Retail used-car prices last month climbed more than 4% from last May, with Asian brand vehicles showing a particularly strong uplift. That’s according to the inaugural Retail Price Index from autoTRADER.ca, which was released earlier this week. Specifically, the national ... [Read More]

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