Mobile marketplace OfferUp has expanded the work it does with car dealers. The OfferUp Autos program has added partnerships with marketing services, inventory management systems and dealership management system providers – meaning dealers using those providers will be able to post vehicles on OfferUp through respective platforms. The partners include the likes of Hammer, MotorLot, […] [Read More]

As part of Auto Remarketing’s Top 100 Used Car Dealers: Independent Edition, we highlight some of the leading lenders in the space. The Top Used-Car Lenders Among Independent Dealers ranking is based on data from  Experian Automotive, which includes the top 20 lenders with the greatest share of used-car loan origination units among  independent dealers in 2018. ­ The Experian […] [Read More]

This installment of Top 100 Used Car Dealers is the second in a two-part series and focuses on independent dealers. Included in the June 15 print and digital edition of Auto Remarketing, this is where we highlight some of the strongest used-car selling independent stores in the country. The dealer rankings data in this report is courtesy […] [Read More]

Remember Cash for Clunkers? J.D. Power Valuation Services does, and its May wholesale vehicle price data triggered memories of that federal government program to bolster sales of new, fuel-efficient models. Analysts shared in the latest installment of Guidelines that wholesale prices of used units up to 8 years in age declined by an average of […] [Read More]

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 median retail price for used vehicles was $18,988 in May, up 4.3% year-over-year, the report […] [Read More]

Roadster chief operating officer Rudi Thun sees some successful dealerships making great strides in smoothing out the friction points vehicle buyers experience. Thun described how those stores are doing it during this Auto Remarketing Podcast with Nick that originated during CU Direct’s Drive 19 Conference in May in Las Vegas. The full episode can be […] [Read More]

Arent Fox is bolstering its compliance offering, and in the process, bringing back one of its experts. This week, the firm announced the launch of Managing Automotive Compliance, a regulatory, auditing and consulting service that is designed to help auto industry clients manage their regulatory needs. The firm explained Managing Automotive Compliance is geared to defend […] [Read More]

This week, the American Financial Services Association welcomed its new vice president of communications. Taking on this role for the national trade association for the consumer credit industry is Ed McFadden. AFSA indicated McFadden will play a crucial role in expanding the association’s mission of ensuring access to safe and important consumer credit products. Officials […] [Read More]

automotiveMastermind founder and co-chief executive officer Marco Schnabl says now that almost 300 Jaguar Land Rover retailers will have access to his company’s Market EyeQ product, those dealerships will receive data-driven insights of their entire market. That means those dealers can “provide an individualized approach for each customer, enhancing the overall experience and allowing dealers to […] [Read More]

Carvana’s latest launches in Florence, S.C., and Spartanburg, S.C., which the company announced Wednesday, make it seven markets for the company in South Carolina. With these launches, Carvana now offers as-soon-as-next-day vehicle delivery in 133 U.S. markets. “We have steadily been increasing our South Carolina presence since launching here in 2017,” Carvana founder and chief executive officer Ernie […] [Read More]