Off-lease volumes are likely to climb significantly this year, causing some concern in the industry about a downward impact on residuals. But as Manheim chief economist Tom Webb outlined in his dissection of a few leasing “facts” and “opinions” during a press conference at the NADA Convention & Expo, 2014 shouldn’t necessarily be the focal […] [Read More]

Last month was a challenging one for the used-car market, as total sales lagged 1.3 percent behind year-ago figures and fell more than 12 percent from January, according to CNW Research. Overall, there was a combined 2.06 million used vehicles sold in February by franchised dealers, independent dealers and private parties. Franchised dealers sold 729,163 […] [Read More]

Don't miss the opportunity to honor the exceptional women of the remarketing industry. The March 7 deadline for nominations for the 2014 Women in Remarketing class is this Friday. Do you work with an exceptional female colleague? Know any leading ladies in the industry? Auto Remarketing is opening up nominations for the 2014 Women in […] [Read More]

On Friday, NADA Used Car Guide released the first of a two-part series on vehicle value retention. This latest monthly NADA Perspective report tackles retention within passenger car segments and next month’s will look at trucks. So what car segments and individual models maintain their values the best? First, here’s how NADA UCG went about […] [Read More]

It’s not yet clear how extensively financing legislation in recent years will end up impacting the used-car dealer industry, but market research from IBISWorld suggests that during the next five years, used dealers will find some promise in the lease-here, pay-here market. Additionally, there could be more good news in store for the overall used-car […] [Read More]

Amid the increased buzz in the new- and used-car markets that comes with the start of the spring selling season, there are three connected trends at play that are likely to downwardly impact used-car prices, according to AutoTrader.com. Juan Flores, director of operations for the Trade-In Marketplace at AutoTrader.com, said that as the season begins […] [Read More]

Don't miss the opportunity to honor the exceptional women of the remarkeitng industry. The March 7 deadline for nominations for the 2014 Women in Remarketing class is less than two weeks away. Do you work with an exceptional female colleague? Know any leading ladies in the industry? Auto Remarketing is opening up nominations for the […] [Read More]

The wintry weather that has wielded its wrath throughout the U.S. in early 2014 appears to have varying impacts among publicly traded dealer groups. In a conference call with Wall Street analysts this week, Sonic Automotive executives said that the weather will likely have a modest downward impact on earnings, but it’s nothing “catastrophic” and […] [Read More]

There were more than 200 acquisitions made by U.S. dealerships in 2013, and the leading franchises in these purchases were Chrysler and Jeep brands. That’s according to “The 2014 Dealership Acquisition Report” from The Banks Report. Overall, U.S. dealers bought 202 dealerships last year, 180 of which were in the U.S. The remaining 22 were […] [Read More]

This January, a luxury SUV knocked a luxury coupe off its post as scarcest certified pre-owned vehicle in the nation. This past month, the CPO Cadillac Escalade EXT took the top spot on the national scarcity list, pushing the certified Porsche Cayman down to No. 2. This is according to the latest installment of vehicle […] [Read More]