When consumers take on retail financing for their vehicle purchase, often they’re stretching out terms as long as possible to keep their payments affordable. Experian Automotive put the average new-vehicle contract length at 68 months, according to its first-quarter data. But when it comes to leasing, just the opposite term is sought by consumers. The […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is  Bill Eager, vice president of the dealer business unit at Carfax.   Auto Remarketing: Carfax has broadened its […] [Read More]

United Road Services announced a couple of shifts in its senior leadership Tuesday. Kathleen McCann will continue in her role as chief executive officer, but will move from serving as president to becoming the chairman of United Road’s board of directors.   Mark Anderson is now president, while also keeping his existing role as chief […] [Read More]

As collectors and enthusiasts gather for the glitz and glamour of the Pebble Beach Tour d’Elegance as part of Monterey Car Week, Edmunds.com has revealed some interesting insights into the day-to-day vehicle choices of America’s wealthiest drivers. Turns out, most opt for practical over posh. According to an analysis of January-May 2016 vehicle registration data from […] [Read More]

Overall car values continue to face notably higher depreciation than trucks, according to this week’s Black Book Market Insights report. Volume weighted, overall car segment values for model years 2008-2014 decreased by 0.77 percent last week, which was significantly higher than the average depreciation rate of 0.48 percent seen in the previous four weeks. Luxury […] [Read More]

While also visiting the popular topic of the presidential election, analysts from S&P Dow Jones Indices and Experian noticed auto loan defaults edged up slightly according to data through July. But defaults remained below the 1-percent level for the fourth consecutive month, mimicking a pattern that unfolded last summer. The auto loan portion of the […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Tom DeLuise, the national Toyota Certified and Rent A Car sales and operations manager at Toyota Motor Sales, U.S.A. […] [Read More]

I thought I would diverge from my normal discussions this month as a result of a recent customer forum hosted by ShipCarsNow. First, let me say that the graciousness of the management of ShipCarsNow and the incredible attention to detail of the staff could create standards for any industry conferences going forward. With that said, this […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Lou Loquasto, auto finance leader at Equifax. Auto Remarketing: What’s your assessment of how much momentum leasing […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Ken Shilson, president and founder of the National Alliance of Buy-Here, Pay-Here Dealers. Auto Remarketing: What are the […] [Read More]