Security National Automotive Acceptance Co. (SNAAC), a non-prime auto finance company, and Primeritus Financial Services, a provider of recovery management, skip-tracing, and remarketing services to the auto finance industry, announced their collaborative partnership on Tuesday. Primeritus will provide SNAAC its full suite of remarketing services for SNAAC’s automotive portfolio. “Primeritus has a solid reputation in […] [Read More]

AutoCanada continues to make headlines; this time for a development within its real estate interests to help its debt obligations. On Tuesday, AutoCanada announced that it has entered into an agreement to sell two of its dealership properties to Automotive Properties Real Estate Investment Trust for a total purchase price of $55.5 million with the […] [Read More]

Carfax is now playing a bigger role in the certified pre-owned vehicle programs at Nissan North America’s Nissan and Infiniti brands. When a shopper buys a CPO car from an Infiniti or Nissan dealership, he or she will be signed up for the free myCarfax service that sends out service reminders and recall alerts. Whichever […] [Read More]

It’s got to be frustrating for dealers to see a competitor’s sticker on a vehicle that has a temporary license plate, likely signaling a recent delivery. And surely consumers aren’t pleased when they can’t purchase the vehicle they want at a cost they can afford. In an effort to find solutions to reduce instances of […] [Read More]

TradeRev is making a major expansion into the Southeast, arriving in five markets in Kentucky and Tennessee. The business unit of KAR Auction Services announced on Tuesday that its dealer-to-dealer digital auction platform now can be used by dealerships and managers in the Kentucky cities of Louisville and Lexington as well as the Tennessee hubs […] [Read More]

If a consumer sees a vehicle they like at the grocery store parking lot, their child’s school or just about anywhere, USAA is giving its members the opportunity to gain information immediately about potentially buying a similar unit. USAA — which provides insurance, banking, investments, retirement products and advice to more than 12.4 million current […] [Read More]

Independent dealers are making sure their collective voices are heard by federal lawmakers this week. The National Independent Automobile Dealers Association’s annual National Policy Conference and Day on Capitol Hill opens on Monday in Washington D.C., as independent dealers arrived from across the country to continue to expand the growing footprint of the used-vehicle industry […] [Read More]

Come February, Mark O’Neil will embark on the next chapter of his life after an automotive career dotted with high-level executive positions at some of the most well-known names in the business, including Cox Automotive, Dealertrack and CarMax. During a conversation with Auto Remarketing late on Monday afternoon, O’Neil confirmed that he will retire on […] [Read More]

North Carolina officials said that as of 6:30 p.m. ET on Sunday, 455 road closures remained throughout the Tar Heel State because of flooding created by Hurricane Florence making landfall more than a week ago. But in one of the hardest hit areas — Wilmington, N.C. — vehicles will be crossing the block again. Cox […] [Read More]

DealerSocket said Monday it is rolling out a new version of its DealerFire website solution, which will initially be launched with independent and buy-here, pay-here dealers. Engine 6, as the new version is called, aims to provide simpler design and maintenance of dealership websites, allowing them to manage website content in real-time. It includes a […] [Read More]