LeaseBusters clients now have access to CARPROOF VHRs
Wednesday, Jul. 27, 2016, 07:47 PM
Auto Remarketing Canada Staff
Customers using LeaseBusters and its FinanceBusters division to get out of or into a lease now have access to CARPROOF’s vehicle history reports. The newly announced agreement between the companies aims to facilitate transparency in the lease takeover process. To that ... [Read More]
New Porsche, Mercedes-Benz facilities in Canada
Thursday, Jul. 21, 2016, 03:51 PM
Auto Remarketing Canada Staff
Porsche Cars Canada announced the opening of the country’s first Certified Porsche Classic Partner: Porsche Centre Victoria. It will be the fourth of its kind in North America and 39th worldwide, providing owners of Porsche models older than 10 years genuine ... [Read More]
Dilawri uses interactive app to fight distracted driving
Thursday, Jul. 21, 2016, 02:56 PM
Joe Overby, Senior Editor
4 million. According to statistics shared on the Canadian Automobile Association’s website, that’s how many car crashes in North America involve distracted driving annually. Citing 2011 data from Alberta Transportation, CAA says the likelihood of an accident is three times ... [Read More]
ADESA partners with CARPROOF on valuation tool
Tuesday, Jul. 19, 2016, 01:52 PM
Auto Remarketing Canada Staff
ADESA Canada announced it has integrated CARPROOF’s Vehicle Valuation Report into its auction system. Subscribing dealers can now access a vehicle’s True Retail Sold value directly from ADESA’s Market Guide through a seamless integration with CARPROOF’s VVR. "We feel that ... [Read More]
CPO rundown: Audi Canada’s best-ever month & more
Thursday, Jul. 14, 2016, 04:32 PM
Joe Overby, Senior Editor
Audi Canada had its best month ever for certified pre-owned sales, moving 662 units for an 8-percent year-over-year gain. It sold 3,324 CPO units in the first half of the year for a 6.7-percent increase. Porsche had its best June ... [Read More]
How past US wholesale movements are shaping future Canadian trends
Thursday, Jul. 14, 2016, 02:34 PM
Nick Zulovich, Staff Writer
If Canadian dealers have watched what’s happened within the wholesale market in the U.S., they likely have an inkling of what's coming down the lanes from British Columbia to Nova Scotia. Chief economist Tom Kontos summarized his recent presentation during ... [Read More]
F-150, Corolla remain Canada’s most-appraised vehicles
Tuesday, Jul. 12, 2016, 01:40 PM
Sara Schweiger, Staff Writer
You could very well look at Dealertrack’s Tradetracker June vehicle appraisal report and think you were looking at any such report from the last several months. Continuing a year-to-date trend, the Ford F-150 and the Toyota Corolla were the No. ... [Read More]
Car-trading platform, European data-mining solution team up
Monday, Jul. 11, 2016, 06:31 PM
Auto Remarketing Canada Staff
Otolane, an online used-car trading platform for North American dealers and wholesalers, has entered an exclusive partnership with Le Parking that will bring the Europe-based used-car listing data mining platform to the U.S. and Canadian pre-owned car markets. Through the ... [Read More]
Canadian residual values up, but not for long
Wednesday, Jul. 6, 2016, 03:39 PM
Sara Schweiger, Staff Writer
Used-car prices in Canada were up on both a sequential and year-over-year basis in May, but that’s not expected to last, according to a report from RVI Group. In its most recent quarterly Risk Outlook report, RVI predicts that a ... [Read More]
Vincentric reveals Best Value in Canada honorees
Wednesday, Jul. 6, 2016, 02:21 PM
Auto Remarketing Canada Staff
Toyota, Mazda and Ford were the top mainstream brands while BMW and Volvo took top luxury brand honors in Vincentric's fifth annual Best Value in Canada awards. Honda also fared well, with four vehicles winning Vincentric awards. At the manufacturer ... [Read More]