When it comes to buying used cars, more and more shoppers are looking beyond their local market. According to analysis released Monday by CNW Research, the proportion of used-vehicle customers who left their local dealer’s marketing area to buy was at 17 percent in November. This is up from 15.7 percent who did so a […] [Read More]

Through its development over the years, one of the calling cards of the certified pre-owned industry has been the added “peace-of-mind” that it can offer customers. And a big part of that comes from the inspection processes that these used vehicles go through before they are ultimately deemed certified. In fact, at Mercedes-Benz, Scott Penza […] [Read More]

The holidays may bring some extra cheer to the used-car market, if Purchase Path survey data from CNW Research is any indication. The share of used-car sales in December bought as holiday gifts could end up reaching a four-year high. Of the shoppers planning to make a used-car purchase in December, 1.9 percent say they […] [Read More]

As the company's data showed auto loan originations now are at the highest level in five years, Equifax rolled out a new solution last week geared to help finance companies and dealers gain a better understanding of their customers' likely credit capacity, needs and usage. [Read More]

As the month winds down and analysts offer their projections on what kind of figures the used- and new-car retail markets will bring, the picture of the fleet market for November is also becoming clearer. Based on several recently released analyses, it appears the share of the new-car market commanded by fleet will hover somewhere […] [Read More]

This week, the American Financial Services Association and the National Vehicle Leasing Association joined forces to urge Georgia lawmakers to reconsider legal changes in regard to financing companies paying taxes when vehicles are leased. Officials used the joint letter to the Georgia Department of Revenue Office of Tax Policy to raise significant concerns about a […] [Read More]

The supply of used vehicles in Canada will likely see a slight dip, and the resulting impact to residual values is expected to be modest, as well. That’s according to the November/December edition of the ALG Canada Industry Report, which dissected the movement in the nation’s residual values. [Read More]

Mark your calendar: the dates and location for Canada’s leading used-car and remarketing conference have officially been set. The 2013 Auto Remarketing Canada Conference will be held April 22-24 at The Fairmont Royal York in Toronto. CarProof will once again serve as the lead sponsor for the event, which is now in its ninth year. [Read More]

How healthy have used-car sales been in the U.S. the past seven weeks? Well, it may depend on exactly where you are in the country. For every pocket of strength, there seems to be a weak spot. At least that’s the word from the latest Beige Book report of current economic conditions from the Federal […] [Read More]

As TrueCar.com predicts this month will achieve the highest SAAR for February of 2008, right before the recession, used sales totals are expected to reveal a spike, as well. November used-car sales are estimated to come in at 2,685,944, up 3.8 percent from November 2011. Though this marks a rise year-over-year, used numbers are down […] [Read More]