NORTH KANSAS CITY, Mo. — About two weeks after rolling out a franchisee in Green Bay, Wisc., J.D. Byrider announced this morning that the newest dealership in its buy-here, pay-here network began to retail vehicles in the Kansas City area. The new store is located at 2520 Burlington St. in North Kansas City, Mo., and […] [Read More]

In August, it was used luxury models that were showing the biggest movements on either end of the pricing pendulum. This month? A slightly different story. While luxury models yet again dominated the Top 10 Biggest Price Drops on Cars.com, September’s list of Top 10 Biggest Price Increases was more about moderation in prices — […] [Read More]

As September draws to a close, the used-car sales projections are rolling in. Showing some signs of seasonality, sales projections are coming in a bit lower than seen in August. Edmunds.com is estimating 3.01 million used cars will be sold this month — a number that constitutes a SAAR of 36.2 million, compared to 3.04 […] [Read More]

With Oct. 1 marking the traditional start of the new model year, manufacturers are offering some hot deals on leases as this date approaches, perhaps in an effort to help dealers move 2013 model-year vehicles off their lots. Kelley Blue Book picked out some of the best lease deals for this month — many of […] [Read More]

It was announced this month that Ford has selected the Automotive Services Division of SGS North America  as the new consultation provider for the company’s certified pre-owned program. Under the partnership, SGS Automotive Services will validate the company’s dealership CPO processes, officials noted. SGS offers Ford dealership visits and customer service assessment, giving the automaker’s […] [Read More]

Cooler air so far means softening prices in the lanes, according to John Brasher, in his Brasher’s Sacramento post-auction report for Tuesday. Over the past few weeks, he says all segments have been affected by a softening that, “Frankly, I think was overdue. “This summer the market seemed to get stronger and stronger; we saw […] [Read More]

San Francisco residents interested in a Fiat for their next vehicle need not travel far. The first Fiat showroom in The City by the Bay has opened its doors in the Van Ness Avenue corridor. Located at 1595 Van Ness Ave., the first FiatT studio within the San Francisco city limits is right on the […] [Read More]

NEW YORK — Fitch Ratings reported this week that prime annualized net losses crept up 3 percent in August above July's level, showing much less of an increase during this historically weaker period. Further, analysts highlighted that used-vehicle values were strong in August, not typical for this month to help to contain loss severity on […] [Read More]

NEW ORLEANS and WASHINGTON, D.C. — Panel discussions about collections at events hosted by the National Alliance of Buy-Here, Pay-Here Dealers sometimes stir the most attention from conference goers. This week's enforcement action revealed by the Federal Trade Commission regarding the illegal use of text messages in collections likely will give panelists and attendees at […] [Read More]

IRVING, Texas — Exeter Finance Corp. reiterated its commitment to bolstering its personnel by bringing in veterans of the U.S. military. It's all part of Blackstone's inaugural Veterans Hiring Summit. In support of the White House's "Joining Forces" initiative, Blackstone committed to hire 50,000 American veterans across its portfolio of 78 companies during the next […] [Read More]