Though industry analysts have found that wholesale prices are sitting at high rates as 2013 gets underway, these same experts do not expect hiked prices in the lanes to last for long. In fact, Kelley Blue Book's latest Blue Book Market Report said that as the effects of Hurricane Sandy begin to wane, wholesale values […] [Read More]

Auto Financial Group, an online provider of residual-based financing products for credit unions and banks, recently reported continued strong momentum for its DrivingSense balloon auto loan program by signing a dozen new institutions. The latest additions include Amplify Credit Union, APEX Community FCU, Citadel FCU, Commonwealth Credit Union, Dade County FCU, Evansville Teachers FCU, First […] [Read More]

VinSolutions has launched a new mobile CRM application— VinMobile 2.0 — that can help dealers stay connected with customers.  VinSolutions’ CRM customers can download the (iOS) app for free for their iPhone or iPad device via the Apple iTunes Store. [Read More]

Less than two months ago, Kelley Blue Book announced the 2013 model-year vehicle winners of its Best Resale Value Awards, and the Toyota and Lexus brands cleaned house, sweeping the awards for the second straight year. Interestingly enough, though, it was the third brand under the OEM’s umbrella that was earning the limelight in a […] [Read More]

As wholesale prices for luxury models softened in December, consumer shopping activity for these units strengthened. Six of the top seven used-vehicle segments and the three leading individual models highlighted in the December Hot Car Report from Kelley Blue Book all came within the luxury category. Premium sports cars paced KBB’s report as December shopping […] [Read More]

With consumers coming to expect a certain level of in-car technology, ranging from mobile offerings to satellite radio, it is becoming more and more important for used and new dealers to promote vehicle accessory sales. And one Toyota dealership serving the metro Boston region has focused on this profit avenue, in particular. According to accessory […] [Read More]

Louisiana’s 1st Choice Auto Auction is adding a festival flair to its Rockin’ Mardi Gras Party and Sale. Combining the sights sounds and tastes of Mardi Gras with more than 900 vehicles in the sale, LAFCAA expects customers from far and wide to join management for the celebration on Feb. 4 and Feb. 5 to […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE NEW YORK — The prospectus connected with a $1.25 billion offering of automobile receivables-backed securities Santander Consumer USA rolled out earlier this month showed contracts involving Dodge vehicles constituted the highest percentages of receivables and outstanding principal balances within the deal. Future regulatory filings might outline an […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE WILMINGTON, Del. — Results from a recent survey showed it might be the woman in the family who can best assess if auto loan terms, especially the monthly payment, can fit into the household budget. Findings from a poll commissioned by Working Mother and Chase Card Services […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE HOUSTON — Auto Financial Group, an online provider of residual-based financing products for credit unions and banks, recently reported continued strong momentum for its DrivingSense balloon auto loan program by signing a dozen new institutions. The latest additions include Amplify Credit Union, APEX Community FCU, Citadel FCU, […] [Read More]