CARY, N.C. — SubPrime Auto Finance News not only has a digital magazine, the publication now has apps so you can download, read and share the new offering more easily. The apps are available to use on your iPhone, iPad, Android smartphone or tablet as well as a Kindle. The links below can take you […] [Read More]

ATLANTA — Manheim economist Tom Webb said it's "quite easy and quite logical to assume" that used-vehicle retail sales will hit an all-time high before 2015. Webb backed up his projection by highlighting how used-vehicle retail sales during the first quarter of 2013 moved 12 percent higher year-over-year against some headwinds that are slowing other […] [Read More]

The rise in residual values for General Motors has been more rapid than the overall industry in recent years, according to ALG. Projections for 36-month residuals for GM’s 2013 model-year class are still lower than the industry average, but the Detroit automaker has gained a lot more ground in the last four years than the […] [Read More]

With an aging fleet out there nowadays, an annual analysis of vehicle inspection forms by the Car Care Council showed three of every four units on the road today need some kind of service. So how can dealers leverage this potential to keep service bays busy and cash registers ringing? One way is through social […] [Read More]

If a shopper at your dealership wants to lease a vehicle, how close will the monthly payment be to what he or she was paying before the recession hit? According to data from Swapalease.com, the difference could be striking. The company shed some more light on this by comparing the 2006 and 2012 average monthly […] [Read More]

FaceTime — Apple’s video chat service for iPhones 4 and 5, as well as many iPads — only hit the consumer market a couple of years ago, but now, you can use the tool to sell cars. KAR Auction Services subsidiary CarBuyCo, a car-buying company that purchases consumer vehicles through an Internet-based mobile buying service, […] [Read More]

Faster is better when it comes to technology, and one company has announced product improvements with that in mind. ARI this week introduced the improved ARI insights web-based and mobile fleet management system, which the company says can collect and integrate critical vehicle and driver data from around the world and provide it to fleet […] [Read More]

SAN ANTONIO and BANDON, Ore. — While CNW Research found the used-vehicle industry produced its best March sales performance since 2002, a USAA survey showed the majority of younger potential car buyers might not be spending their tax refund at dealerships right away. According to USAA's 2013 Tax Season Survey, American taxpayers are less optimistic […] [Read More]

BENTONVILLE, Ark., and EDINA, Minn. — With tax season in full swing, buy-here, pay-here dealership chains America's Car-Mart and CarHop added more locations. In fact, Car-Mart opened two lots — one in Florence, Ala., and the other in Kirksville, Mo. The chain now has a total of 123 dealerships in its pipeline. The moves boosted […] [Read More]

WOODCLIFF LAKE, N.J. — A New Jersey dealership is the first store to start the nationwide launch of eContracting by Mini Financial Services, a division of BMW Group Financial Services. The captive is launching the solution at Prestige Mini in Ramsey, N.J.  Intended to deliver greater efficiencies and a seamless contracting approach, Mini Financial Services […] [Read More]