You can expect the international used-car market to show some nice growth over the next handful of years, according to two reports released in the past week. Technavio, a global tech research and advisory firm, forecasts a 128.42 million-unit global used-car market by 2021. That would represent a compound annual growth rate of more than […] [Read More]

Sometimes that vehicle you delivered just turns out to be a lemon. Los Angeles-based law firm Consumer Law Experts conducted a study to find out how often lemons are rolling over the curb and which automakers manufactured those units. The firm also made a recommendation on the role dealerships can play to prevent the situation […] [Read More]

In Episode 4 of the Auto Remarketing Podcast, Nick Zulovich sits down with John Pappanastos, president and chief executive officer of EFG Companies.  Plus, the car-buying habits of millennials and the one guy at Auto Remarketing cool enough to drive a Wrangler. Also, if you would be so kind, please complete our audience survey. Download and subsribe […] [Read More]

While wholesale auctions are still the primary channel for commercial vehicle owners to remarket end-of-cycle vehicles, a growing trend among progressive vehicle remarketing professionals has been to sell vehicles through the emerging retail channel, either through their own dealerships, online service providers, or retail consignment. What’s driving this trend? 1. Growth in off-lease volume First […] [Read More]

Following an analysis of its online reviews, Cars.com released its latest list of U.S. consumers' both most reviewed and most highly reviewed vehicles on Wednesday. “Shopper reviews are a critical part of the car shopping process,” Cars.com data analyst David Greene said in a news release. “Cars are one of the largest investments anyone makes, and […] [Read More]

The dealership group may not discuss it publicly very often or show its hand. But don’t be mistaken. Asbury Automotive Group is working on — and investing in — its digital capabilities. “We all agree this industry is changing, and it’s changing very rapidly. And so are we. We are not very public about what […] [Read More]

A new survey from CarGurus reveals that the first car buying experience of millennials starkly differs from that of previous generations. Compared to millennials, baby boomers were not only found to have been more involved when selecting their first car, but were also far more likely to have contributed to the purchase cost, the online automotive […] [Read More]

Whether they’re hauling surfboards in California, trekking mountains in Carolina or navigating the Capital Beltway, used-car shoppers, as it turns out, are apparently big fans of the Jeep Wrangler. CarMax looked at search data from its website and found that, so far this year, the Wrangler has been the most-searched-for used vehicle nationwide. It wasn't […] [Read More]

While quality and affordability are regarded as key decision factors when purchasing a car, America’s growing group of millennial consumers are most likely to consider brands that fit with their personal image instead, according to Cambridge Analytica, a data analytics and behavioral communications provider  “Finding brands which fit their personal image was the largest growing […] [Read More]

In Episode 3 of the Auto Remarketing Podcast, SubPrime Auto Finance News senior editor Nick Zulovich hits the road to talk with Jeremiah Wheeler of Digital Recognition Network. Plus, Nick talks with Auto Remarketing senior editor Joe Overby about some good signs for wholesale vehicle prices. Note: this is an updated version of the episode […] [Read More]