Analysis
40 Under 40: Our 2016 Honorees
Wednesday, Aug. 31, 2016, 08:46 PM
Auto Remarketing Staff
Many young professionals under the age of 40 are taking leadership roles in the auto industry and impacting the remarketing and used-car business. In Year 2 of Auto Remarketing’s annual Remarketing & Used-Car Industry's 40 Under 40, we bring you their stories and the paths to success they forged at such young ages. In this […] [Read More]
40 Under 40: Joanna Anderson
Wednesday, Aug. 31, 2016, 08:20 PM
Nick Zulovich, Staff Writer
Joanna Anderson insisted the “auto industry runs through my blood.” The statement isn’t surprising considering that Anderson held a position at a rental car company by the time she was 15, detailing vehicles, verifying insurance and taking payments. Upon leaving home for her college education, she reached out to Manheim and secured a part-time position, […] [Read More]
40 Under 40: Brian Becker
Wednesday, Aug. 31, 2016, 07:38 PM
Joe Overby, Senior Editor
Brian Becker has been with Interstate National Corp. for nearly a decade and currently serves as its senior vice president of sales and marketing. Among his duties are leading marketing and training teams, plus heading up sales and growth strategies. When asked what makes him most proud in his career, the 37-year-old said: “I am […] [Read More]
40 Under 40: Jeremy Anspach
Wednesday, Aug. 31, 2016, 07:27 PM
Joe Overby, Senior Editor
A nearly 50-year-old Corvette may be part of the reason Jeremy Anspach is in the car business today. “I'm a Detroit native who grew up loving cars. Before I was born, my father bought a 1967 Marina Blue big block 435HP Corvette Coupe. That car is still in the family and is one of the […] [Read More]
Untapped potential in vehicle trade-ins
Tuesday, Aug. 30, 2016, 08:35 PM
Joe Overby, Senior Editor
Recent data suggests that there may be a good bit of untapped potential for the car business to make some headway with trade-ins. And that could start with educating the public. Half of the respondents in a recent CarMax consumer survey said they had a firm grasp on how much their trade-in was worth. But more […] [Read More]
Keep used-car buyers returning to service department
Monday, Aug. 29, 2016, 08:58 PM
Ryan Williams , Fidelis PPM
Used-car consumers buy service contracts because they understand their value to help offset future mechanical breakdown costs. Dealerships like customers to purchase VSCs because they help increase customer use of their service department. However, if you want more confidence that these customers will indeed return to your dealership for vehicle maintenance and repair — and […] [Read More]
What prompts car shoppers to buy & choose your store
Monday, Aug. 29, 2016, 08:50 PM
Joe Overby, Senior Editor
Nearly a fifth of adults surveyed by SalesFuel said they would be buying a new vehicle in the next year. It’s not incentives that are driving them to dealer lots. And they're not choosing one store over another because of charity involvement. According to the company’s annual AudienceSCAN survey and accompanying whitepaper, 27.3 percent plan […] [Read More]
What dog owners want in car-shopping
Friday, Aug. 26, 2016, 07:07 PM
Joe Overby, Senior Editor
Dogs: they’re an endearing bunch, aren’t they? Especially when they have the chance to jump in the car. An Autotrader survey released Friday — National Dog Day, by the way — found that dogs may be your wingman one minute, and have a mind of their own the next. (About a quarter of dog owners […] [Read More]
If NFL teams were vehicles
Wednesday, Aug. 24, 2016, 06:56 PM
Joe Overby, Senior Editor
Depending on whom you ask, the New England Patriots remind folks of a car with a whiny belt or a Tesla. There were no questions about deflated tires in the annual NFL & Cars Survey from Swapalease.com, but one would have to think the Pats would dominate that category, too. As it stands, New England […] [Read More]
4 reasons to be upbeat about used market
Wednesday, Aug. 24, 2016, 06:29 PM
Auto Remarketing Staff
Along with an analysis about how ongoing macroeconomic trends are pointing toward positive fortunes for dealerships, the team at KeyBanc Capital Markets attributed an upbeat conversation with Cox Automotive chief economist Tom Webb coupled with the July findings of its monthly dealer survey for producing such a “bullish” outlook. Before delving into the takeaways from […] [Read More]