Even though gas prices have been on the way down for almost two months straight and sit much lower than rates seen at the pump last year, it seems consumers are still turning toward the smaller, more fuel-efficient segments when looking for a used vehicle. Analysts at Kelly Blue Book point out interest in the […] [Read More]

According to Women-Drivers.com, the trustworthiness of a sales adviser has always been more influential on a female car shopper’s purchase decision than the price of a car.  However, a different attribute has become more important than trustworthiness. The site shared with Auto Remarketing that the most important factor in car-buying for women is now respect. A […] [Read More]

What some repossession and recovery observers probably figured was coming with more auto paper being written than ever before has come about. Repo rates are on the rise — and by a significant level. According to its latest State of the Automotive Finance Market report, Experian Automotive indicated the overall automotive repossession rate spiked more […] [Read More]

Leasing has picked back up to pre-recession highs, and many analysts are predicting leasing penetration to exceed levels seen before the Great Recession. And as manufacturers reveal their Labor Day lease deals, leasing popularity isn’t expected to slow down anytime soon. In fact, Scot Hall, executive vice president of Wantalease.com, said he expects leasing to […] [Read More]

To catch the attention of dog lovers everywhere, AutoTrader is celebrating National Dog Day by naming a list of vehicles that are most friendly toward the furrier of passengers. AutoTrader.com released its list today of their picks for “Must-Shop Cars for Dog Lovers.” And catering to the dog lovers in your community may bode well […] [Read More]

With leasing continuing to gain momentum, CNW Research compared the contract residual value projection with the likely actual value at the end of term. In the August Retail Automotive Summary, firm analysts found that last month’s industry average settled at 85.88 percent — a figure representing the difference between the actual contract and the eventual […] [Read More]

The former president of the United States, NFL teams, Hollywood celebrities and more. They’ve all joined a wave of Americans participating in the Ice Bucket Challenge to raise money for the ALS Association, which said as of Friday, it has received $53.3 million in donations in less than a month. And you can also count […] [Read More]

This morning, Cox Enterprises announced the formation of Cox Automotive, an entity that includes more than 20 wholesale and retail auto brands — among them Manheim, AutoTrader.com and Kelley Blue Book. Forming Cox Automotive, officials said, “further strengthens the company’s investment in the automotive industry and provides end-to-end global solutions for customers throughout the vehicle lifecycle.” […] [Read More]

Coinciding with the National Highway Traffic Safety Administration rolling out its new recall database, NADA Used Car Guide discovered results of its automaker recall perception survey showed an overwhelming majority of consumers are paying more attention to recalls today than in the past. Based on an online survey conducted on NADAguides.com in response to the […] [Read More]

BillingTree is hosting a new series of interactive events titled, “Payment & Technology Spotlight Series — Technology and Innovation for the Digital Age.” The series, which includes monthly webinars, conferences and speaking engagements, is design to allow participants to learn from actual experiences by those who have successfully implemented specific payment and collection technologies or […] [Read More]