RumbleOn Inc., an ecommerce company using technology to aggregate and distribute pre-owned vehicles to and from consumers and dealers, has entered into a definitive merger/equity purchase agreement with powersports dealer, RideNow. The agreement creates what the companies describe as the only omnichannel customer experience in powersports and the largest publicly traded powersports dealership platform. The […] [Read More]

Auto Remarketing is recognizing the 2021 Women in Remarketing honorees in the March issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Adele Lococo, who is a fleet lease manager at America’s Auto Auction. Auto Remarketing: What do you enjoy most about working in the remarketing industry? But, also, […] [Read More]

Auto Remarketing is recognizing the 2021 Women in Remarketing honorees in the March issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website. Next up is Emily Kim, who is senior director of auto valuations at Ally. Auto Remarketing: What do you enjoy most about working in the remarketing industry? But, […] [Read More]

iSeeCars executive analyst Karl Brauer describes the Mercedes-Benz G-Class as “the embodiment of luxury.” As a used vehicle, the Mercedes-Benz G-Class also sells quickly, even with the high average pre-owned price of $140,921. In fact, the  G-Class was the fastest-selling used vehicle in February, according to a new study from iSeeCars. Regarding buyers of vehicles […] [Read More]

Independent used-car dealership group Off Lease Only has opened a new location in Bradenton, Fla., saying it would serve the Bradenton, Sarasota, and broader Tampa Bay areas and the entire West Coast of Florida. The location, at 3230 14th Street West, offers hundreds of 2017-2021 economy to luxury used cars, trucks, SUVs and vans. New […] [Read More]

Wrongful repossessions already burdened the industry, and it’s an issue that intensified since the pandemic began. With insurance companies already wary of absorbing too much liability, the repossession industry is again getting squeezed to secure coverage. Mike Peplinski, vice president of the Harding Brooks Insurance Agency, appeared on the Auto Remarketing Podcast for a frank […] [Read More]

MotoRefi announced a series of moves on Wednesday, including a new expanded headquarters as well as the addition of three senior executives to its management team. The auto fintech startup that was an Emerging 8 honoree last year and secured $10 million funding to begin 2021 has signed a lease for a modern 22,000-square-foot space […] [Read More]

Past Emerging 8 honoree TurboPass is continuing to add its client portfolio, especially finance companies that specialize in non-prime financing. With more than 2,000 current dealership users now with the ability to pull reports as part of the underwriting and verification process, five more finance companies now are accepting TurboPass reports from their dealer networks, […] [Read More]

On the heels of announcing its latest initiatives to support the military, TrueCar announced a partnership to bring exclusive value to servicemembers and their families for all their vehicle buying and financing needs. TrueCar and Navy Federal Credit Union now are working together to provide members with an online platform to research and compare vehicles […] [Read More]

You can say Joel Kennedy literally was running for the repossession industry. Earlier this month, the current president of the National Automotive Finance Association completed what’s known as the 4x4x48 Challenge to benefit the Repo Alliance, a federal lobbying initiative. Kennedy ran four miles, every four hours, during a 48-hour period beginning on March 5. […] [Read More]