As tax season begins, dealers may be starting to see the expected value increases that coincide with this time of the year in the lanes. Last week, the percentage of auction price changes that were increases rose to 21 percent, according to Black Book editorial director and senior vice president. Ricky Beggs. In the latest […] [Read More]

Thanks to a deal between the two companies announced this morning, dealers can now choose to include Experian Automotive’s AutoCheck vehicle history reports with their used-car listings on Cars.com. “Vehicle history reports build consumer confidence by validating the quality and condition of a dealership’s inventory, and they give dealers a competitive advantage to get potential […] [Read More]

As part of a deal announced this week, Dealers Auto Auction of the Southwest will offer a Carfax report with every vehicle at its weekly sales starting Feb. 2. The reports will show red, yellow and green highlights on each car crossing the block and will be provided at no cost to buyers or consignors. […] [Read More]

Hyundai Canada has announced its ‘number one’ dealer, choosing to recognize a Mississauga store for the dealership’s exceptional sales and fundraising performance in 2013. The company is honoring Missisauga Hyundai, which led all Canadian Hyundai dealerships in sales and charity fundraising efforts. The dealership sold 1,990 vehicles and raised $22,063 in support of the national […] [Read More]

CarHop has continued to add to its network of buy-here, pay-here dealerships, venturing into another state among its three newest stores. The company is now moving metal at lots near San Diego, another in Pueblo, Colo., and for the first time in South Dakota with a store in Sioux Falls. CarHop now operates 53 stores […] [Read More]

This week, America's Car-Mart opened the 127th dealership in its network of buy-here, pay-here stores. And it's nearly certain the vehicle in inventory will be equipped with a GPS device, a practice the company hesitated in doing until recently. Car-Mart president and chief executive officer William "Hank" Henderson explained the company's methodology during a conference […] [Read More]

The first half of 2013 is now in the rearview mirror for the buy-here, pay-here industry, and it's time to look back. Many operators reported lower unit sales versus the same period last year. Two important questions are, "Why?" and "What can be done to improve unit sales during the remainder of the year?" Experian […] [Read More]

van Wagenen Financial Services recently confirmed participation in the Symitar Vendor Integration Program. Officials highlighted this development will directly benefit lenders managing auto loans on the Symitar core processing system by increasing the efficiency of auto loan payment adjustments. The company insisted the integration coordinates insurance placement and core system technologies to enable automated recalculation […] [Read More]

Spireon, the provider of the GoldStar GPS solution as well as other mobile resource management and business intelligence tools, completed an initial phase of the integration with Frazer's Dealer Management System. The companies highlighted that joint customers of GoldStar GPS and Frazer can now experience online access to a single solution to execute critical commands. […] [Read More]

Finance Express released its new WorkList feature for independent dealerships that use the provider's Web-based financial services technology. The company explained WorkLists — also known as queues — have typically been utilized by FEX buy-here, pay-here dealers to manage and collect due accounts. FEX enhanced and expanded the application of this valuable tool to the […] [Read More]