On Monday, Edmunds.com rolled out its awards spotlighting the 2011 model-year vehicles with the lowest five-year ownership costs, and two brands, in particular, stood out from their peers. Across the 23 categories of the 2011 Lowest True Cost to Own Awards, Honda took five spots and Ford notched four honors. Breaking it down, Honda was […] [Read More]

EasyCare has teamed up with used-car research provider PureCars for a partnership that allows dealers to offer more comprehensive vehicle details to interested shoppers when sending EasyCare CoVideo messages. Thanks to the alliance, when an EasyCare dealership sends a personalized video to a customer in response to a question, the CoVideo message will also include a PureCars […] [Read More]

CBS MoneyWatch thinks a three-year-old Toyota model is a better choice than alternative makes in three different vehicle segments, according to recently posted commentary. CBS MoneyWatch’s Jerry Edgerton also doesn’t have much faith in a pair of used Volkswagen models. The site’s auto columnist offered an alternative over what VW has in two segments, small car and […] [Read More]

Last Wednesday and Thursday, DAA Northwest was more than just an auction, it was transformed into an outdoor concert venue. During the auction’s 2011 Rock & Roll Sale, 2,000 of the 3,500 units offered were sold, according to the auction. “Given everything going on around us, we are proud to post these kinds of numbers […] [Read More]

To determine what vehicle buffs believe is the best muscle car, intake manifold and more, eBay Motors rolled out its second annual People’s Picks campaign. Now running through Sept. 30, eBay Motors explained People’s Picks gives car lovers the chance to vote on the best vehicles, parts and accessories with an international audience. Voters are […] [Read More]

SCHAUMBURG, Ill. — Experian Automotive announced Monday that it will be offering lender’s a new service that aims to minimize the risk of financing vehicles with major title problems. AutoCheck Market Review combines vehicle history report information with AutoCount automotive finance market share data to “provide lenders with an unprecedented view of the vehicle landscape.” […] [Read More]

LOS ANGELES — Westlake Financial Services revealed Monday its choices for the top auctions for the second quarter. The title of Top Overall Auction went to Norwalk Auto Auction followed by Manheim Nevada — which had previously held the top spot for four consecutive quarters. Besides strong sale results, Norwalk was recognized for excellent service, Westlake […] [Read More]

DEARBORN, Mich. — In reporting its second quarter results, Ford Credit revealed that charge-offs have decreased significantly. For the quarter, total charge-offs came in at $41 million, compared to $86 million in the same period of 2010. Breaking it down even further, Ford Credit said retail installment and lease charge-offs were $41 million in the second […] [Read More]

OVERLAND PARK, Kan. — NCM Associates is participating in a buy-here, pay-here dealer-geared Webinar tomorrow at 2 p.m. EST sponsored by Auto Remarketing and SubPrime Auto Finance News.  Brent Carmichael, NCM executive conference moderator, trainer and consultant to the BHPH industry, will lead participants through inventory, sales, collections and accounting fundamentals for BHPH, including the demographics […] [Read More]

Sometimes mixing together veteran repossession agents and forwarding companies can create a combative situation. But that’s not the approach Time Finance Adjusters’ executive director takes. In fact, Ron Brown told Auto Remarketing that he has “no problem with forwarders. I admire them as a matter of fact.” For example, Brown shared that he counts David […] [Read More]