In an effort to meet a $25,000 fundraising goal that will benefit St. Jude Children’s Research Hospital, NextGear Capital is gearing up to launch a week-long national charity initiative on Monday. NextGear Capital announced Thursday that a dollar from every car purchased at 22 participating U.S. auctions located across the country will be donated to the Memphis, Tenn.-based […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up is John Gray, president of automotive at Experian.  Auto Remarketing: In a nutshell, how is the new Experian Marketing Engine […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up is Jason Barrie, vice president and general manager of Dealertrack dealer F&I solutions. Auto Remarketing: How are some of the […] [Read More]

Eric Werab, vice president of product management at PointPredictive, revisits two of the most discussed subjects of the year — synthetic ID fraud and auto financing. Learn more about how clever criminals are creating complicated ways to secure vehicles and defraud dealerships and finance companies. The full discussion can be found below. Download and subscribe to […] [Read More]

Lease penetration in the first half of 2018 was relatively steady with year-ago figures, according to data released Monday by Edmunds. Through six months, average lease penetration was at 31.3 percent, compared to 31.2 percent in the first half of 2017. The first-quarter levels were at 31.7 percent in both 2017 and 2018, while second-quarter […] [Read More]

With activity ramping up for trucks and SUVs, Wantalease.com noticed a different compact sedan supplanted the Ford Focus as having the lowest monthly lease price of any new vehicle. According to July metrics shared by the site this week, now available for a monthly lease commitment of just $129 is the Nissan Sentra. That’s $21 […] [Read More]

Approvals for vehicle-lease transfers continue to remain on a steady track. On Wednesday, Swapalease.com reported that vehicle lease credit applicants registered a 68.4-percent approval rate in June, up slightly from the 67.9-percent mark registered in May. Even though lease origination activity at dealerships has been down slightly in 2018, site officials have noticed lease takeover activity […] [Read More]

Greg Cole can’t give his customers credit, but he can find a lender that will. And he can do it more quickly and efficiently when customers go to one of his dealerships’ websites and complete a credit application prior to visiting the dealership to buy a vehicle. That gives the finance and insurance staffs at […] [Read More]

Doug Marohn discusses his return to Nicholas Financial now as the president and chief executive officer of the Florida-based subprime auto finance company and why the branch-office model works for the provider. The full discussion can be found below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You can also listen to the latest episode […] [Read More]

Your company employees can be one of your greatest assets, but a new study from Shred-it showed how your workers also can present significant risks, too. With one-third of working adults in the U.S. admitting to potentially risky behavior at work, employee negligence poses major security concerns for U.S. businesses, according to Shred-it's State of […] [Read More]