Leaves are falling, as is the approval rate for vehicle lease transfers. And the volume of applicants is cooling, too. On Tuesday, Swapalease.com reported that vehicle lease credit applicants registered a 69.8-percent approval rate in September. That reading represented a 3.9-percent drop from the August rate of 72.6 percent. Site officials acknowledged that lease approvals […] [Read More]

For the last couple of years, the buzz word of the automobile industry has been “disruption.” Granted, our industry may not have the exclusive on disruption, but it has most definitely been disrupted. They say, that is the proverbial “they,” that the root cause of all this disruption is technology. And, I imagine as you […] [Read More]

PERQ announced the closing of a $5 million round of funding on Monday that it plans to use in expanding its artificial intelligence-based SaaS solution into additional industries. Elevate Ventures led the funding, all of which is from investment groups and angel investors in Indianapolis, which is where PERQ is headquartered. Joining Elevate in the […] [Read More]

Paul Potratz often looks like he’s in exclusive company by his dapper appearance at Used Car Week and other industry events. Well, POTRATZ now is among companies that are part of an exclusive project involving Facebook. The dealership marketing firm was asked to participate in an exclusive Facebook Alpha Program focused on testing the efficacy […] [Read More]

Technical issues never come at a good time, and that’s especially true when they happen in the final hours of the Used Car Week early bird registration deadline. We are aware that our registration system is experiencing technical issues, and we want you to know that our team is working on the solutions. Due to […] [Read More]

Perhaps a couple times a week, a vehicle with a manual transmission rolls over the curb or pulls into the service drive at your dealership. According to data shared by CarMax on Monday, the penetration of company sales for vehicles that are equipped with manual transmissions is down 86.2 percent from 23 years ago. Back […] [Read More]

One of the largest captive finance companies recently gave an award to Primeritus Financial Services. The national provider of repossession management, remarketing, titled services and skip-tracing services to the auto finance industry announced it was the first supplier to receive the Recovery Services Excellence Award from Toyota Financial Services (TFS). Primeritus indicated this honor is […] [Read More]

Consider this episode of the Auto Remarketing Podcast a preview of what’s to come during Used Car Week 2018. Joining Nick for this edition are representatives from two presenting sponsors — Anne Holtzman of Allied Solutions and Jeremiah Wheeler of DRN — who offer a glimpse of their presentations focused on how watching insurance data […] [Read More]

As we approach the holiday season, our thoughts turn to families and friends sitting around their living rooms. What are they talking about? Probably politics, little Joey’s grades, the football game, etc. What would it take for your customer to talk about your dealership during Thanksgiving dinner? When you offer the same-old-boring-message, boring services, boring […] [Read More]

In 2012, Auto Remarketing launched its “Best CPO Dealers in the USA” series, an annual program that includes brand-by-brand rankings of the dealerships with the most certified pre-owned sales from the preceding year.  The No. 1 CPO seller for Nissan has been the same in each of the seven editions of “Best CPO Dealers.”  That […] [Read More]