While Fitch Ratings said U.S. auto lease ABS residual performance is still producing gains overall through mid-summer despite rising used-vehicle supplies, this week’s update from Swapalease.com about lease approvals wasn’t so positive. In fact, Swapalease.com reported that the 58.3 percent approval rate for vehicle lease credit applicants in July represented the lowest single-month tally so […] [Read More]

Re3 Conference panel discussion moderator and Intellaegis president John Lewis needed some time to comb through the debt collection regulation proposal released by the Consumer Financial Protection Bureau about two weeks ago. While much of the CFPB’s latest material is geared toward third-party collections, Lewis cautioned repossession companies that are already struggling to maintain compliance […] [Read More]

Fitch Ratings took another look at the impact rising wholesale supply is having. This week, analysts explained U.S. auto lease ABS residual performance is still producing gains overall through mid-summer despite rising used-vehicle supplies. However, Fitch indicated further increases in vehicle supply during the second half of this year and into 2017 could lead to […] [Read More]

The amount of off-lease inventory flowing into Kia’s certified pre-owned program will likely double this year. That’s proving fruitful for a brand that just finished its best two months ever for CPO sales.  And, most likely, the CPO market as a whole.  In July, Kia moved 7,007 certified units for a 20.6-percent year-over-year gain, according […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. First up in this series is Jimmy Atkinson, chief operating officer at AUL Corp. Auto Remarketing: What is the current consumer appetite for […] [Read More]

Jumpstart Automotive Group made an interesting discovery when analyzing brand interest among desktop and mobile visitors to its range of sites during a one-year period. When comparing shoppers’ interest in the first half of 2016 versus all of 2015, Jumpstart noticed that truck segments decreased in shopping consideration while car segments increased. This seems to fly in […] [Read More]

Facebook and other social media platforms are certainly key to dealers in reaching shoppers. But the one that’s perhaps most useful may come as a surprise. Swapalease.com polled approximately 2,500 car shoppers in June and found that YouTube was most popular, with 43 percent using it in car research.  Facebook was second at 33 percent, […] [Read More]

In the first part of his series, Intellaegis president John Lewis offered three suggestions on creating a mock audit to prepare for a potential examination by the Consumer Financial Protection Bureau. To wrap up the blog endeavor for SWBC, a diversified financial services company that has interests in the automotive world along with insurance, mortgage […] [Read More]

The average per-vehicle amount automakers spent on incentives in July was up 12.5 percent over a year ago, leading some to wonder if we’re heading into dangerous territory. “The sky isn’t falling yet,” said Alec Gutierrez, senior analyst for Kelley Blue Book, “but we are on an unhealthy path." Gutierrez was speaking during a conference call […] [Read More]

With new-vehicle transaction prices climbing, automakers are ramping up incentives. In return, models are rolling over the curb at a pace that multiple analysts who sent their assessments to Auto Remarketing believe to be plateauing. One of the most relevant observations for used-car managers is what Edmunds.com noticed about new-vehicle leasing activity in July since […] [Read More]