Consumers might intend to buy new, but reality pushes them to used-car market
Tuesday, Oct. 29, 2024, 03:07 PM
Lotlinx: Q3 shows high day supply, largely aging vehicle inventory
Tuesday, Oct. 29, 2024, 01:09 PM
JD Power sees October being complicated for used retail & new lease markets
Friday, Oct. 25, 2024, 11:27 AM
Analysis
AAA: Top Commuter Vehicles
Wednesday, Mar. 27, 2013, 05:57 AM
Auto Remarketing Staff
With gas prices high, commuting and the amount of money it takes to get from home to work and back again has high priority on consumers’ minds these days. And according to AAA, 86 percent of Americans rely on their vehicle to get them to and from work every day. In what could be an […] [Read More]
AIADA Gears Up for Annual Summit
Wednesday, Mar. 27, 2013, 05:54 AM
Auto Remarketing Staff
Spring is under way, and the American International Automobile Dealers Association is gearing up for the AIADA 7th Annual International Auto Industry Summit in the nation's capitol later this season. And Jenell Ross, AIADA chairwoman, highlighted a few reasons why she never misses this event on her blog, noting she considers AIADA’s spring meeting to […] [Read More]
Experian: Ford Surpasses GM and Toyota to Take Top Spot in Corporate Loyalty
Tuesday, Mar. 26, 2013, 03:04 PM
Auto Remarketing Staff
After reviewing data from the fourth quarter of last year, Experian Automotive said today that Ford took the top spot in corporate loyalty. It’s the first time the Blue Oval has secured this achievement since the closing quarter of 2011. During the fourth quarter of 2012, analysts determined 47.9 percent of the customers who own […] [Read More]
How Will New & Used Sales Pan Out This Month?
Tuesday, Mar. 26, 2013, 02:52 PM
Auto Remarketing Editor Joe Overby
Used-vehicle sales will approach 2.9 million units this month, according to estimates from TrueCar.com released this morning. The site is projecting a new-to-used sales ratio of 1:2 for March. This prediction follows the forecast of CNW Research earlier this month, which called for 2.95 million used sales. Each forecast includes numbers for franchised and independent […] [Read More]
J.D. Power: Top 10 Cars From 2013 Vehicle Dependability Study
Tuesday, Mar. 26, 2013, 02:41 PM
Auto Remarketing Staff
The fewer problems a buyer has with a vehicle purchased, the more likely he or she is to return to a dealer’s lot. The bottom line: Selling dependable rides can help dealers foster customer loyalty. To show dealers what units customers should be looking for to find a safe, reliable ride, J.D. Power and Associates […] [Read More]
Honda Repeats as Best Overall Brand in KBB Image Awards
Tuesday, Mar. 26, 2013, 05:56 AM
Auto Remarketing Staff
Kelley Blue Book released its 2013 Brand Image Award winners on Monday as Honda took the honor for best overall brand for the second year in a row. Honda also collected two other accolades in this KBB award program, taking the nod for most trusted brand and best value brand. “We are honored to be […] [Read More]
Used-Car Prices See ‘Slight’ Drop This Month; Declines Expected to Continue
Monday, Mar. 25, 2013, 07:58 AM
Sarah Rubenoff
As supply loosens and the industry looks forward to the promise of more off-lease supply this year and beyond, downward pressure to used-car prices may change the prices on the lots a bit this spring. An entry in Cars.com’s "Kicking Tires" blog indicated that late-model used-car prices saw a "very slight" decline in March, with […] [Read More]
J.D. Power: Top 10 Most Dependable Crossover SUVs
Monday, Mar. 25, 2013, 07:54 AM
Auto Remarketing Staff
Crossover SUVs are primarily family cars, and what’s most important to families? Some would say dependability. To show dealers what this segment’s customers should be looking for to find a safe, reliable ride, J.D. Power and Associates posted a list of 10 crossover SUV models (2010 model-year) with the fewest owner-reported problems from its 2013 […] [Read More]
EXCLUSIVE: Luxury Units Remain Scarce in February; Trend Expected to Continue
Friday, Mar. 22, 2013, 05:58 AM
Sarah Rubenoff
The recent trend of luxury vehicles being scarce across the country remained “quite strong,” according to the latest installment of vehicle scarcity data that is provided monthly to Auto Remarketing by AutoTrader.com. In fact, this past month, luxury models took up the majority of the top 10 most-scarce vehicle list in several designated market areas, […] [Read More]
J.D. Power: Used Values Should Help Quell Concern of Record-Long New-Car Notes
Friday, Mar. 22, 2013, 05:57 AM
Auto Remarketing Staff
J.D. Power and Associates’ Power Information Network explained why the strength of used-vehicle values should alleviate concerns about financing terms on new models rising to record lengths. Analysts found that the percentage of new-vehicle retail sales connected to a 72-month or longer loan is at a record amount, reaching 32.1 percent in March, an increase […] [Read More]