Over the course of a week at AFSA's Vehicle Finance Conference, the J.D. Power Automotive Automotive Summit and NADA Show 2018 in Las Vegas last month, Auto Remarketing recorded more than a dozen podcasts with auto industry leaders.  To kick off our podcast series from these events, we bring you a sit-down discussion with Sandy Schwartz, […] [Read More]

Toyota and Porsche shoppers can rest easy when considering their next vehicle’s expected deprecation before buying. The two brands are winners of the mainstream and luxury categories, respectively, in the 2018 Edmunds Best Retained Value Awards. The awards are based on the 2018 model-year vehicles with the highest projected residual values after five years. Toyota […] [Read More]

Among the familiar benefits this segment can provide, longest-lasting might just be the most attractive feature that dealers can tout when talking about sport utility vehicles. Car search engine iSeeCars.com’s latest study identifies the 10 vehicles most likely to last 200,000 miles or more. Across all vehicle segments, seven of the 10 longest-lasting vehicles identified are […] [Read More]

Based on how the flow of tax refunds impact the used-vehicle market, Cox Automotive wasn’t surprised by the movement of wholesale prices in March. According to Manheim Used Vehicle Value Index — a measure of wholesale prices adjusted for mix, mileage and season — wholesale used-vehicle prices decreased slightly in March compared to February. But March […] [Read More]

Innovate Auto Finance added to its human capital this week in an effort to keep its book of business growing. Innovate Auto Finance, a purchaser and servicer of auto portfolios and provider of line-of-credit financing, has hired Kevyn Rails as vice president of portfolio acquisitions. In this role, the company indicated Rails will source profitable […] [Read More]

The trophy case at defi SOLUTIONS is starting to get quite full as the company received another accolade this week. In recognition of its position as a dynamic and disruptive industry Fintech innovator and business partner defi SOLUTIONS has been named to CIO Review’s annual list of Top 20 Most Promising Financial Services Technology Providers for […] [Read More]

National Automobile Dealers Association (NADA) and the National Independent Automobile Dealers Association (NIADA) both celebrated this week when the U.S. Supreme Court made a ruling in their favor. The associations recapped that on Monday the Supreme Court ruled automotive service advisers are not covered by the Fair Labor Standards Act’s overtime pay requirement, the final […] [Read More]

While compact cars continue to have the most affordable monthly lease payment, Wantalease.com is noticing that actions by automakers to keep trucks and SUVs attractive are spilling over into trends on its site. Wantalease.com reported that the Nissan Sentra is currently priced the lowest of all vehicles, coming in at just $109 per month for […] [Read More]

Auction Edge announced Wednesday that the company will be the sole technology provider for Wolfe’s Auto Auctions’ auction systems, online presence and online sales. Following Auction Edge software training earlier this year, installations began at Wolfe’s Auto Auctions’ Terre Haute location, followed by Evansville and then South Bend. Auction Edge said the three locations were […] [Read More]

Credit union members now can use the help of another familiar industry name when they're shopping for the next vehicle. GrooveCar announced a new partnership with Kelley Blue Book on Thursday that will provide credit union members access to the KBB Price Advisor tool via the GrooveCar platform. The platform for credit union members can […] [Read More]