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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: Should I adopt a no-haggle approach?

Testing Your Knowledge
Drew Harden, CARFAX Canada
Getting rid of negotiation is an idea that many dealerships are experimenting with. After all, negotiation has always been a top pain point for used-car buyers, and in today’s online listing environment, you need to provide enticing prices up front — there ... [Read More]

Wholesale vehicle prices take another tumble

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Joe Overby, Senior Editor
The Canadian Black Book Wholesale Used Vehicle Retention Index, which covers vehicles 2 to 6 years old, was down 5.0% year-over-year in May and fell 3.1% month-over-month, according to an update from the company this week. The index’s reading was ... [Read More]

autoTRADER.ca makes pitch during DAZN’s Premier League coverage

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Auto Remarketing Canada Staff
With the Premier League set to return Wednesday, autoTRADER.ca has lined up an advertising partnership with DAZN, the sports streaming service that is the league’s exclusive home in Canada. The deal will run through the entire 2020 and 2021 Premier ... [Read More]

Used-vehicle retail prices move down

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Joe Overby, Senior Editor
Retail vehicle prices in Canada were down slightly month-over-month in May, though consumer interest and traffic — at least the online variety — was increasing. That’s according to the latest autoTRADER.ca Price Index report, which said the national median price ... [Read More]

ESP Auction, former ADESA CEO, join to buy TradeHelper platform

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Auto Remarketing Canada staff
Canadian auto auction ESP Auction and its president Alain Boisvert, along with former ADESA president and chief executive officer Stephane St-Hilaire, have acquired a majority stake in auction platform, TradeHelper. ESP Auction is a physical wholesale auto auction in Montreal. ... [Read More]

Used-car prices take sharp fall, but bright spots remain in wholesale market

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Auto Remarketing Canada Staff
After the largest monthly decrease in its 15-year history, the Canadian Black Book vehicle value retention index continued its descent in May, pushed by declining consumer confidence and auto-market uncertainty. And both wholesale and retail vehicle values are likely to ... [Read More]

Jaguar Land Rover Canada names Dealerware to power its courtesy vehicle program

Land Rover for website (1)
Auto Remarketing Canada staff
Jaguar Land Rover Canada has named connected car platform, Dealerware, to power its courtesy vehicle program, and that means Jaguar Land Rover retailers powered by Dealerware will now gain services such as contactless contracting and pickup and delivery. The decision ... [Read More]

autoTRADER.ca marketplace now includes digital retailing

autotrader
Auto Remarketing Canada staff
Stating that the new service is the first of its kind to offer online transaction capabilities on a major Canadian automotive marketplace, TRADER Corp. has launched digital retailing on autoTRADER.ca. The new digital retailing service will work in conjunction with ... [Read More]

Used or new? Delayed or soon? Canadians share car-buying plans

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Auto Remarketing Canada Staff
Close to three-fifths of Canadian shoppers surveyed by CarGurus last month plan on buying a vehicle this year, with 41% saying they had intended to, but are now putting off that purchase. The survey, which was conducted among 500 Canadians, ... [Read More]

Axis Auto Finance on COVID-19 response, $6.25M bank loan

Canada covid
Auto Remarketing Canada Staff
Axis Auto Finance provided a wide-ranging shareholder update this week, including that the subprime automotive finance company closed on a $6.25 million term loan with a Schedule 1 bank. From the onset of the pandemic and the government-mandated measures to ... [Read More]

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