Analysis
Gas Stability Likely to Push Hybrid Depreciation Higher
Thursday, Jul. 3, 2014, 08:01 PM
Auto Remarketing Staff
It seems interest in hybrid and electric vehicles might be slowing as predictions of more stable gas prices are on the horizon, NADA Used Car Guide analysts pointed out in a recent analysis. . In fact, according to the latest NADA Perspective report that highlighted hybrid vehicle market performance, hybrid electric vehicle sales are down […] [Read More]
New Leaders Emerge in Battle for Total Quality
Thursday, Jul. 3, 2014, 07:24 PM
Auto Remarketing Staff
Topping the rankings in Strategic Vision’s 19th annual Total Quality Index (TQI) for 2014 are Tesla, Audi and Kia. The honor for Best Model in Total Quality went to the Tesla Model S, garnering a near-perfect score on the TQI scale. Kia led the way in the mass market segment while Audi, followed closely by […] [Read More]
2 Good Signs for Dealers After Slower Used Sales Month
Thursday, Jul. 3, 2014, 07:11 PM
Joe Overby, Editor
Sales-wise, there wasn’t much growth to speak of in the used-car market during June. And there weren’t as many shoppers. But the money — now, that was much better. CNW Research said that based on the transaction prices it tracks, there was a 17.3-percent year-over-year increase in the total value of used-vehicles sold last month […] [Read More]
Reasons Consumers Go For Same Used Cars Each Month
Wednesday, Jul. 2, 2014, 08:15 PM
Joe Overby, Editor
When it comes to the hottest used-car models among consumers, the name of the game appears to be reliability. That’s according to Kelley Blue Book, which provided Auto Remarketing with a list of the 25 most sought-after used vehicles on its website, and an explanation as to why the handful of cars at the top […] [Read More]
3 Factors Easing Gas-Price Impact
Tuesday, Jul. 1, 2014, 08:13 PM
Auto Remarketing Staff
As summertime really heats up with Fourth of July coming later this week, Manheim chief economist Tom Webb again addressed the question of how changing gas prices are going to influence the wholesale and retail markets. The latest query came in light of tension resurfacing in Iraq not having a dramatic impact at the pump […] [Read More]
KBB’s 10 Coolest Cars Under $18,000
Friday, Jun. 27, 2014, 07:00 PM
Auto Remarketing Staff
Along with making its projection for this month’s new-vehicle sales total, Kelley Blue Book revealed this year’s list of what editors believe are the 10 Coolest Cars Under $18,000. Headlining this year’s group, along with being featured on KBB’s annual affordable “cool cars” list every year of the vehicle’s 11-year existence, was the redesigned Mazda3. […] [Read More]
Recalls: Tough Pill That May End Up Helping GM Dealers
Wednesday, Jun. 25, 2014, 06:49 PM
Joe Overby, Editor
The litany of recalls at General Motors this year may wind up costing the automaker a great deal financially, but GM’s stores may actually realize some pretty nice gains — including attractive offers on the dealership buy-sell front. Haig Partners, which released The Blue Sky Report for the first quarter of 2014 on Wednesday, has […] [Read More]
Does Lithia-DCH Deal Signal Strategy Change for Publics?
Tuesday, Jun. 24, 2014, 04:34 PM
Joe Overby, Editor
Private dealership groups accounted for more than 83 percent of the dealership acquisitions in the first quarter, but public groups may be showing signs of growth, albeit modest and with caution. That’s according to The Kerrigan Quarterly Blue Sky Report released this week, which said overall buy/sell activity among U.S. dealerships shot up 60 percent […] [Read More]
What Women Want — When Buying a Car
Monday, Jun. 23, 2014, 08:38 PM
Anne Fleming, Women-Drivers.com
"What Women Want" was a great movie about an ad executive starring Mel Gibson who, after an injury, had the ability to read women’s minds. He could do wondrous things in the advertising world marketing and selling to women with that unusual ability. But that was the magic of movies. Knowing what women car buyers […] [Read More]
Best Kept Secret to Inventory Success
Friday, Jun. 20, 2014, 07:22 PM
Geoff Bedine, AutoDealer iQ, Inc.
In the early days, as dealers, we were taught that all vehicles in inventory should be stocked, bucketed, spiffed and priced, and when it hits the ripe old age of 60 or 90 days old, the vehicle should be sent to auction or sold cheap only to have the same process repeated over and over […] [Read More]