Consumers won’t be the only ones helped by Chrysler’s announcement Tuesday that it will recall certain Jeep models after coming to terms with National Highway Traffic Safety Administration. According to Kelley Blue Book senior analyst Alec Gutierrez, the automaker was likely spared declines in the used values of these vehicles as well as sales damage. […] [Read More]

During May, an overwhelming majority of brands saw a decrease in the amount of activity they were generating among online used-car consumers. However, some brands bucked this trend. According to data provided in the latest Guidelines report from NADA Used Car Guide, Buick (up 3 percent), Mercedes-Benz (up 3 percent) and Lexus (2 percent) were […] [Read More]

Auto Remarketing Conferences announced today that AutoTrader.com has once again signed on as the presenting sponsor for the CPO Forum: The Pre-Owned Conference. AutoTrader.com has been the conference’s sole presenting sponsor each year since the conference was launched in 2007. In addition, AutoTrader.com will be sponsoring the luncheon which will take place on the second […] [Read More]

In what's likely good news for future used supply, shoppers are turning to leasing now more than ever. And interestingly, car buyers on average spent more than ever on new-car purchases last year. These are just a few high points from Edmunds.com's 2013 Car Shopping Trends Report. Specifically, new-car buyers spent an average of $30,803 […] [Read More]

The more a dealership asks a sales consultant to work on the weekends, the more likely that these individuals are to pursue other opportunities and leave stores with significant staff turnover. That’s one of the conclusions from the 2012 NADA Dealership Workforce Study, launched last year by NADA University, the education and training arm of […] [Read More]

What vehicles does warmer weather bring to mind? For families, the perfect road trip SUV might be on the wish list, while others might be looking for that perfect sports car to put the top down and head to the beach. Demand for these units might be ramping up if the latest installment of vehicle […] [Read More]

With over 600 attendees at this year’s Auto Remarketing Canada conference, organizers wasted no time in securing next year’s event. Auto Remarketing Canada 2014 is scheduled for Monday, March 31 and Tuesday, April 1, at an all new location! Next year’s event will be held at The Westin Harbour Castle, which touts stellar views of […] [Read More]

On Tuesday, Edmunds.com released its third annual Best Retained Value Awards, which recognize the brands and new models that have the highest projected residual values after five years based on their average True Market Value price when sold new. The site highlighted that Jeep won in the non-luxury division with a projected 50.6 percent residual […] [Read More]

As a car dealer, you’ve been thoroughly trained on all steps of a sale from greeting through negotiation and final sale.  And, you apply these steps well.  But it’s a good bet that even armed with all of your knowledge and experience, there have been more than a few times when you found yourself wondering, […] [Read More]

Used Car Week 2013, presented by Auto Remarketing, is all-new this year, with new dates, a new event in the lineup, and new speakers. The weeklong series of four events will now take place Nov. 11-15 at the Manchester Grand Hyatt in San Diego; if you marked your calendars months ago, be sure to update […] [Read More]