As Edmunds offered five suggestions for how to spot a flood-damaged vehicle, new research from Carfax released on Wednesday suggested that drivers may be behind the wheel of more than 325,000 previously flooded vehicles. Analysts computed that number is a 20-percent increase from 2016. Carfax also compiled a list of 10 states that have the […] [Read More]

Edmunds announced Wednesday that it has struck a new content collaboration deal with The Associated Press to produce articles for its "Behind the Wheel" column. Edmunds has signed on to provide weekly content to the AP column, which covers vehicle comparisons, car shopping tips, consumer advice and expert automotive opinions. "This collaboration makes perfect sense, […] [Read More]

Lease transfer approvals in August nearly hit what Swapalease.com classifies as “healthy.” The site reported on Wednesday that vehicle lease transfer credit applicants registered a 68.3 percent approval rate for August, just shy of that “healthy” mark that Swapalease.com pegs at 70 percent. Analysts pointed out the credit approval rate for August saw a noticeable […] [Read More]

Nick is back to handle hosting duties as this episode features John Giamalvo, the vice president of dealer services at Equifax. Their conversation touches on how dealers are enhancing their financing processes both before and after vehicle delivery. Check out the conversation below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You can also […] [Read More]

E-Drive Autos recently announced that it has joined the CDK Global Partner Program as a digital partner to offer dealers TradeVue, its interactive vehicle appraisal tool designed to give dealers enhanced flexibility during negotiations. E-Drive Autos is now part of a marketplace made up of around 300 partner companies that offer more than 400 different […] [Read More]

Hudson Cook now has a legal team in the Lone Star State. This week, Hudson Cook expanded its nationwide footprint by adding a new office in the Dallas/Fort Worth metroplex. The office in downtown Fort Worth opened on Aug. 16. This location is the firm’s first office in Texas and 13th office nationwide. Partner Hurshell […] [Read More]

RoadVantage wants educated customers arriving at dealership finance departments, so the F&I program provider rolled out a series of educational videos that are free and not tied to a specific provider brand. RoadVantage acknowledged some providers offer proprietary branded product videos. But if a dealership carries products from more than one provider or changes product […] [Read More]

Del Mar Recovery Solutions is sharpening both its look and approach to better serve the entire auto finance space. The provider of national repossession management, skip-tracing, remarketing, license plate recognition and specialty recovery services is making significant strategic investments to support its growth plan. Del Mar has successfully completed a comprehensive rebranding effort. Executives highlighted […] [Read More]

Integrated Auction Solutions announced Tuesday that Columbus Fair Auto Auction (CFAA) will be the first to experience the latest version of its AuctionMaster auction management system. AuctionMaster Version 3 (V3-AMS) replaces CFAA’s AS400 green screen management system, which the auction has used for 25 plus years, according to IAS. Following proof of viability at CFAA, IAS […] [Read More]

Damage by the horrific hurricanes impacting the United States during the past two weeks is starting to influence what Black Book is noticing at the auction. This week’s Black Book Market Insights report showed a little strengthening in the wholesale space; most likely due to dealers looking to begin replacing damaged or destroyed vehicles caused […] [Read More]