After quite a strong May for used-vehicle sales (at least among franchised dealers), how is June shaping up? That’s the question a couple industry observers are looking at as the month winds down. Edmunds.com is estimating June used-car sales (across all channels: franchised and independent dealers, plus private-party figures) will reach 2.98 million. This would […] [Read More]

While autumn may seem like a long ways off (particularly in our neck of the woods, where temps are creepin’ close to 100 degrees), our Used Car Week team is already rockin-and-rollin with three presenting sponsors lined up for this year’s conference series.  We’ve already talked about how important our partners are to Used Car […] [Read More]

“It used to be (that) the dealer was the first stop, and now I kind of think the dealer is the last stop.” This statement from a car shopper in a video shown at an Autotrader event last week may come as a surprise to some, but it’s one that Mike Roberts wanted to drive […] [Read More]

There’s a story our publisher-emeritus Ron Smith tells that really pinpoints the importance of networking at industry events. After one of the company’s automotive conferences a few years ago, an attendee approached Ron to tell him how much he had enjoyed the event. Ron was certainly thankful to hear this news, but said he was a […] [Read More]

Frank Fuzy has shipped cars as far north as the North Pole and as deep into the Pacific as Tokyo. “I’m advertising to the world,” said Fuzy, who co-owns the predominantly Internet-based Century Motors of South Florida with his wife, Gina. “And we’ve got the shipping routes down pat. It’s so reasonable that it just […] [Read More]

If you’re in the business of selling cars and trying to make the most out of your mobile strategy, the used-car market may be a good place to start. Edmunds.com conducted an analysis of its own site traffic to determine differences between smartphone and desktop shoppers, and found that used-car shoppers show a particularly strong […] [Read More]

There’s quite a bit of hubbub being made in the consumer-facing media following the recent flooding in Texas and the vehicles that suffered water damage. The National Insurance Crime Bureau, based on estimates from Copart, recently reported that the fallout from the flooding affected between 7,000 and 10,000 insured vehicles in the area. While the […] [Read More]

Edmunds.com announced the winners of its fifth annual Best Retained Value Awards, and earning this year’s top honors for highest projected residuals were Toyota and Acura. The awards spotlight the brands and 2015 models with the strongest projected five-year residual values. This is based on the vehicles’ “average ‘cash’ True Market Value (TMV) price during their first […] [Read More]

There has been a change at the top when it comes to the add-on features that CarMax’s used-car buyers most often purchase. The best-selling add-on for these used-car buyers is now leather interior, according to CarMax sales data analyzed in the company’s 2015 Used Car Shopping Report. Remote start technology was the most popular add-on […] [Read More]

With customers shopping online more and more, most dealers are already very familiar with the term multi-channel, as the ways shoppers search for cars online are increasing daily, as well as the devices they use. But a new report from Ernst & Young takes it a step further. The company’s Future of Automotive Retail report […] [Read More]