Bernie Moreno Companies (BMC) is now among a growing list of companies now accepting Bitcoin as a form of payment. Car buyers who look forward to bringing their business to any BMC dealership can now use Bitcoin and other cryptocurrencies for vehicle purchases and service payments, the company announced on Tuesday. “Giving clients more options is […] [Read More]

DDI Technology has garnered the endorsement of the South Carolina Automobile Dealers Association (SCADA) for both its electronic vehicle registration (EVR) solution and new temporary tag program set to launch next year. The software and service solutions company announced Tuesday that it is now the approved EVR and temporary tag and vendor for SCADA. “The decision […] [Read More]

New vehicles from the 2018 and 2019 models are filling rows at franchised dealerships, but Autotrader spotted a half dozen financing offers that are making certified pre-owned vehicles stand tall at stores, too. This week, Autotrader compiled a list of what experts believe are the best CPO deals going in September, noting a mix of […] [Read More]

Experian recently determined that the average lease payment originated during the second quarter rose $19 year-over-year to $431. And consumers appear to have the credit profile to handle such a commitment since Swapalease.com reported that vehicle-lease credit application rates continued to improve in August. Site officials shared on Tuesday that their August approval rate came […] [Read More]

DriveTime has a new facility to serve customers in one of North Carolina’s largest cities. This week, DriveTime announced the relocation of its Tryon, N.C., dealership. Located in the Charlotte metro area, DriveTime’s newest dealership sits at 6431 N. Tryon St., with 9,646 square feet of space and approximately 200 parking spaces dedicated to vehicles and North […] [Read More]

AGORA recently landed another industry connection to help establish itself as a prominent platform for bulk portfolio transactions. AGORA, a Texas-based provider of technology solutions for the financial services industry, announced a joint, newly launched integration functionality relationship with DealerCenter. “Protecting our dealers from exposing loan data when they make their portfolios available for sale […] [Read More]

Fitch Ratings sifted through data generated by the subprime auto asset backed securities (ABS) market during the first half of the year. Analysts not only found four elements that are supporting the subprime ABS segment, but also more details about why certain vintages might not be performing as well. First looking into the latest data, […] [Read More]

In an effort to help enhance consumers’ shopping experiences, CARPROOF vehicle history reports have been integrated into Contact At Once’s conversational commerce automotive platform. The new integration gives agents the ability to share CARPROOF information and content with consumers from within the Connect platform, the companies announced Thursday. CAO’s Connect platform allows consumers to message with […] [Read More]

Lyft Business has employed Salesforce's Pardot and Sales Cloud solution to help drive customer engagement and loyalty. Salesforce Pardot and Sales Cloud provides Lyft Business with a single platform that can help foster alignment between marketing and sales tasks such as discovering prospects, converting leads and boosting customer loyalty and engagement, Salesforce announced Thursday. “Lyft Business works […] [Read More]

When it comes to the average number of days that used-cars stay on the market, hybrid and electric vehicles most often have the upper hand as far as attracting buyers the fastest. At a time when the average used-car between model years 2015 to 2017 spends an estimated 46.4 days on the market, both hybrid […] [Read More]