EFG launches program that guarantees PRU increase for dealers
Tuesday, Sep. 24, 2024, 03:21 PM
Dave Cantin Group sells its first-time dealer programs to Biltmore, turns focus to large dealer groups
Tuesday, Sep. 17, 2024, 02:09 PM
PODCAST: Autotech Ventures partner Burak Cendek
Monday, Sep. 9, 2024, 11:37 AM
Financial
Top 20 used-car lenders among franchised dealers
Friday, May. 31, 2019, 01:43 PM
Auto Remarketing Staff
As part of Auto Remarketing’s Top 100 Used Car Dealers: Franchised Edition, we highlight some of the leading lenders in the space. The Top Used-Car Lenders Among Franchised Dealers ranking is based on data from Experian Automotive, which includes the top 20 lenders with the greatest share of used-car loan origination units among franchised dealers in […] [Read More]
Former J.D. Power chief executive officer to lead APCO Holdings
Friday, May. 17, 2019, 06:21 PM
Auto Remarketing Staff
In his 10 years as president and chief executive officer with J.D. Power, Finbarr O’Neill helped lead the company through a time of expansion into data and analytics, as well as the integration of acquisitions such as the NADA Used Car Guide and the used car pricing consumer website, National Appraisal Guides. Now, with the […] [Read More]
This could be the death of the luxury sports sedan lease
Friday, May. 17, 2019, 06:14 PM
Daryl Lubinsky, Correspondent
The days of sports cars and luxury sedans dominating the lease market might be over. That’s according to car lease marketplace, Swapalease.com. In its first quarter 2019 Auto Lease Trends Report, Swapalease.com is asking the question, “Is the luxury sports sedan lease dead?” Swapalease.com executive vice president Scot Hall says luxury sports sedans are at […] [Read More]
Wantalease.com spots monthly payment rises for 5 Blue Oval models
Wednesday, Apr. 24, 2019, 07:07 PM
Auto Remarketing Staff
Wantalease.com noticed Ford reversed many of the “generous discounts” on vehicle leases the Blue Oval offered in March by increasing monthly payments in April. According to analysis shared on Wednesday, site officials noticed the Ford Fusion, Taurus, Escape, Explorer and Expedition all experienced price hikes this month. Wantalease reported the Fusion had the highest increase at […] [Read More]
PODCAST: Reynolds executives talk digital era impacts
Friday, Apr. 19, 2019, 01:54 PM
Auto Remarketing Staff
At NADA Show 2019 in San Francisco earlier this year, Dave Bates and Kasi Edwards of Reynolds and Reynolds talk about the dealer focus on increasing profit per customer, dealership employee productivity and efficiency, the impact of digitization on suspicious activity monitoring and more. Plus, the Reynolds execs share where they see dealers innovating. The […] [Read More]
Lease-transfer approvals close Q1 on upswing
Wednesday, Apr. 10, 2019, 07:24 PM
Auto Remarketing Staff
With average federal tax refunding averaging more than $2,800, Swapalease.com sees the trend being a part of its approval lift seen in March. Approvals for vehicle-lease transfer application on the site came in at 70.7%, which is up from the February rate of 65.9% as well as the reading from last March of 67.3%. Swapalease […] [Read More]
AFG partners with CarLotz to enhance client remarketing
Tuesday, Apr. 9, 2019, 04:52 PM
Auto Remarketing Staff
How vehicles move through the wholesale market continues to evolve as evident by the new remarketing partnership announced on Tuesday by Auto Financial Group (AFG) and CarLotz. Through this relationship, AFG highlighted that its clients will have access to a comprehensive remarketing solution that’s designed to simplify their process and place vehicles for sale through […] [Read More]
May retires as CEO of RVI; New co-CEOs named
Monday, Apr. 1, 2019, 06:13 PM
Auto Remarketing Staff
After leading the company since 1997, Douglas May is retiring as chief executive officer of RVI Group. The retirement was effective Sunday. RVI also announced that it will have co-CEOs to succeed May: Daniel Egan and Michael McGroarty. May will remain in an advisory capacity and continue as a member of RVI’s board of directors. RVI noted […] [Read More]
Genesis unveils ‘all-inclusive’ vehicle leasing program
Tuesday, Mar. 26, 2019, 05:30 PM
Auto Remarketing Staff
Noting that it adds a "new layer of convenience" to the Service Valet that already comes standard on every new 2019 Genesis vehicle, luxury automotive brand Genesis has introduced the Genesis Spectrum all-inclusive leasing program. Genesis Spectrum will be available in select markets on new, 2019 G70, G80 and G90 sedans, and includes auto insurance […] [Read More]
Lease-transfer approvals soften in February
Monday, Mar. 18, 2019, 06:47 PM
Auto Remarketing Staff
Leasing sticker shock is pushing more consumers toward websites such as Swapalease.com to find the vehicle they want at the price within their budget. And as a result, credit approvals at Swapalease.com are softening. Site officials indicated vehicle lease credit applicants registered an approval rate of 65.9 percent in February, marking a decrease from the […] [Read More]