To help auto dealers capitalize on their digital retail efforts and reach more used-vehicle buyers online, SureSale has expanded its digital merchandising options. SureSale, which said it helps auto dealers provide car buyers with verification of vehicle quality and condition, said its digital merchandising allows used-vehicle inventory to stand out in crowded marketplaces. Because of […] [Read More]

Dealer.com is announcing new services at the virtual NADA Show 2021, and one of those is connected video advertising to reach in-market shoppers wherever they consume media. The company said it was unveiling the new services to help dealerships inspire more successful conversations in more places. Other services Dealer.com is unveiling are in the areas […] [Read More]

While some dealers might be using some of their available screen time to join the virtual version of NADA Show 2021, managers who are still on their devices tasked with finding used-vehicle inventory continue to confront rising wholesale prices. And the newest Black Book Market Insights detailed how buying dealers are dipping deeper into their […] [Read More]

The pre-owned vehicle market didn’t get quite as hot a start to the year as it did in 2020. But there are some good signs. There was a 5% year-over-year decline in January’s used-vehicle sales, according to Cox Automotive, which said the total used SAAR was approximately 38.1 million for the month. That’s on par […] [Read More]

The ongoing year-over-year decline in bankruptcy filings because of the pandemic prompted experts to get creative to summarize the situation. According to data provided by Epiq, the American Bankruptcy Institute (ABI) reported that total consumer and business filings fell more than 40% in January 2021 compared to the opening month of last year. The data […] [Read More]

Some applicants might be landing at your subprime auto finance company in part because of the amount of student loan debt detailed on their credit report. Senate Democrats recently proposed eliminating up to $50,000 in federal student loan debt per consumer, a strategy questioned by Consumer Bankers Association president and chief executive officer Richard Hunt. Last […] [Read More]

Minnesota dealer Paul Walser will become the 2021 chairman of the National Automobile Dealers Association during this week's NADA Show 2021. Below is an emailed Q&A with Walser, who succeeds 2020 chairman Rhett Ricart.  Auto Remarketing: What are your top priorities as NADA Chairman in 2021?  Paul Walser: I have four main priorities during my […] [Read More]

Georg Bauer and Scott Painter, who worked together at Fair, have reunited at NextCar Holding Co. They're also back on the Auto Remarketing Podcast, where they discuss the genesis of their company, which aims to help vehicle subscriptions scale profitably, and much more.  To listen to this episode with Bauer and Painter, click on the link available […] [Read More]

As J.D. Power’s director of ALG industry solutions Michelle MacDonald described residual values as the backbone of the auto leasing business in Canada, ALG announced the winners of the J.D. Power 2021 Canada ALG Residual Value Awards. The J.D. Power Canada ALG Residual Value Awards recognize the vehicle segments projected to hold the highest percentage […] [Read More]

Next up on our series of NADA Show 2021 episodes of the Auto Remarketing Podcast, we are joined by DealerSocket chief product & technology officer Alok Tyagi, as well as Darren Harris, who is the executive vice president and general manager of retail solutions at DealerSocket. Tyagi and Harris discuss DealerSocket's plans for the NADA event, […] [Read More]