Three-year-old used vehicles just posted third-quarter prices at heights not seen since 2022 and reached their slowest Q3 turn times in eight years. But one segment is offering some relief amid high prices and sluggish turn times: used EVs. That’s according to an analysis this week from Edmunds, which said average transaction prices for 3-year-old […] [Read More]

Black Book didn’t need an entire word to describe the most significant element impacting the wholesale market last week. Analysts did it with a single letter: K. The newest Market Insights highlighted that wholesale prices dropped 1.21% last week, prompting Black Book to say accelerated depreciation is “signaling a market under mounting pressure as the […] [Read More]

Wholesale vehicle sales lost a touch of momentum in October as the growth rate slowed. But sales are still entering the final turn of 2025 on a high note. According to AuctionNet data from the National Auto Auction Association, there have been 6 million vehicles sold at auction through 10 months, which beats year-ago figures […] [Read More]

RockED has yet another new partner. The automotive sales enablement training platform’s latest deal is with dealership software provider VINCUE to embed dealership training and certification programs directly into the VINCUE platform. In a news release, RockED said its context-based training enables dealerships to onboard quickly and provide intelligence and strategy, and its CoPilot technology […] [Read More]

A survey showing a disconnect in dealerships has led to a new partnership — and a new artificial intelligence tool to address that gap. The survey, conducted by Spyne, an India-based AI technology firm making inroads into the U.S. market, found 81% of American car dealerships said they lose customer conversations or leads because their […] [Read More]

Repossessions and recoveries will be one of the main topics covered during Used Car Week, which begins on Monday at the Red Rock Resort in Las Vegas. In fact, the first session of the entire event is a discussion with Chris Schellenberger, who is the founder and CEO of PURR, digital platform reshaping vehicle remarketing […] [Read More]

Artificial intelligence and audits are coming together in ways that are making things challenging for financial professionals. That’s the gist of findings of the 2026 Focus on the Future report released on Wednesday by AuditBoard, a leading AI-powered global platform for connected risk. The report highlighted the internal audit profession is navigating an environment of […] [Read More]

Brothers Chuck and Danny Meagher, who previously served as executives at Fusion Auto Finance, on Wednesday brought their tech-driven, 100% residual value-guaranteed leasing platform to market, specifically targeting credit unions. The siblings said Heritage Auto Leasing combines deep automotive leasing expertise with advanced technology to deliver a lower-cost, member-focused leasing solution backed by a 100% […] [Read More]

This week, Experian rolled out what the company said is the most advanced credit decisioning model it has ever released, marking a “positive milestone in Experian’s mission to help increase fair access to credit.” The company highlighted the Experian Credit + Cashflow Score combines Experian’s credit, alternative and trended data, and consumer-permissioned banking information into […] [Read More]

Next up on our podcast series with 2025 Used Car Week Hall of Fame inductees is a conversation with Jerry Kroshus, who is CEO of Location Services. Cherokee Media Group president Bill Zadeits talks with Kroshus about his career journey in the auto finance, collections/recoveries and remarketing industries. Plus, they chat about Kroshus’ time playing […] [Read More]