Solera

AUGUST 8, 2023

Industry Trends in 2023 While the used car boom that sent prices sky high may be winding down, there is still a large demand for quality used vehicles. Offer financing options: Just like a variety of cars, customers like a variety of financing options. Here are some ways they do just that.

Car Dealership 130

Car Dealership Car Finance Customer Service 130

Jalopnik

DECEMBER 15, 2023

Honda is going to start offering a leasing program for its certified pre-owned vehicles because new car prices are just way too high at this point. The program is beingv aimed at buyers who want to keep their monthly payments low and don’t have the upfront cash for a big down payment, according to a statement from Honda Read more.

Used Cars 69

Used Cars Car Vehicle IT 69

Auto Remarketing

OCTOBER 4, 2023

In this installment of Auto Remarketing’s 40 Under 40 franchise, we feature the 2023 honorees in the “40 Under 40: Industry” program, which is sponsored by IAA and focuses on consignors, auctions, auto finance, vendors, tech companies, associations and other players within the used-car space.

Finance 111

Finance Used Cars Automotive Car 111

Auto Remarketing

FEBRUARY 1, 2024

CARFAX report: New-car deals help fuel price drops As opposed to the wholesale market, used car retail price decreases actually accelerated in January, according to CARFAX’s latest report on that market. The CARFAX report attributed that trend to new-car inventory, which the report said is at its highest level in three years.

Retail 98

Retail Used Cars Trucking Car 98

Jalopnik

SEPTEMBER 27, 2023

By all accounts, entry level cars from the likes of Saturn , Geo and Daewoo weren’t exactly hidden gems or the best bargains around. But it was nice to know that there were cars people could actually afford straight out of college or on minimum wage. New cars that cost under $20,000 are scarce now; in light of this,… Read more.

Used Cars 44

Used Cars Car IT Transportation 44

Jalopnik

MARCH 15, 2024

Every year, the price of a new car ticks ever upwards. Now, there’s a new complicating factor: Used car prices are falling, meaning folks are getting less for their over-leveraged trade than ever. Loans get longer , yet monthly payments are always on the rise , leading to an epidemic of folks underwater on their loans.

Car 65

Car Used Cars Finance 65

Auto Remarketing

NOVEMBER 2, 2023

So in this article, we will explore how AI tools can help used-car dealers stay ahead of the trends with advanced sales data analyses, in addition to investigating real-world examples of AI as it has been applied to provide dynamic, more effective prices.

Car Dealership 52

Car Dealership Used Cars Finance Auto Market 52

Jalopnik

FEBRUARY 19, 2024

auto industry has largely recovered from the supply chain issues that drove the cost of new cars through the roof and brought the price of used cars up along with it. Not all new cars are selling below MSRP now, but enough are that you can generally expect to find a deal if you’re willing to shop… Read more.

Car 65

Car Used Cars IT Trucking 65

AutoSuccess

NOVEMBER 10, 2023

Integrated into the marketplace is the company’s reputation technology that powers more than 13 million consumer reviews, making it the largest review platform in the industry, as well as digital financing and trade-in capabilities that speed transaction time with local retailers.¹

Car 52

Car Retail Media Finance 52

Auto Remarketing

NOVEMBER 17, 2023

Car dealerships can capitalize on this trend by emphasizing the quality and reliability of their certified pre-owned vehicles. This not only attracts budget-conscious buyers but also allows dealers to profit from higher margins on used cars. therefore getting them cheaper.

Car Dealership 105

Car Dealership Customer Service Finance Management 105

The Mechanic Doctor

JUNE 16, 2023

Financing options: Explore different financing options available for used hybrids, such as bank loans or dealership financing. As a result, the car does not start, and the repair can cost around $2,000. This will help you assess the long-term financial benefits of owning a hybrid.

Finance 40

Finance Electricity Engineering Electric Vehicles 40

Jalopnik

JANUARY 29, 2024

We’ve known for a while that things weren’t going great for the online used car dealer Vroom. Back in 2022, it was sued by the state of Texas for its shady sales practices and later that year managed to lose more than $50 million in a single quarter. Now that Vroom has finally shut down, seemingly for good, Click2Houst… Read more.

Used Cars 63

Used Cars Car Management IT 63

Jalopnik

JANUARY 24, 2024

The newly-introduced Silver Certification level will include significantly reduced warranties compared to the reassurances granted to cars eligible for the… Read more. Toyota has expanded its certified pre-owned program requirements to include vehicles that are up to 10 model years old and have up to 125,000 miles.

Car 70

Car IT Vehicle Used Cars 70

Jalopnik

OCTOBER 18, 2023

Buying a car is supposed to be exciting. What’s the most disappointing car that you’ve ever bought? But sometimes, it can be quite a let down and ends with the creeping sense that we’ve made a mistake. Read more.

Car 62

Car Used Cars IT Finance 62

Jalopnik

DECEMBER 25, 2023

For almost ten years I’ve been sharing dealer stories and car buying advice on Jalopnik. I’ve told you about dealers that don’t want to send you quotes in writing to ones that go wild with the extra charges and add-ons. There are even dealers who thought it was a good idea to essentially kidnap a customer to make a… Read more.

Car 61

Car Car Dealership Used Cars IT 61

Jalopnik

DECEMBER 28, 2023

If you’re in the market for a car but have hesitated on actually buying something brand new because you’ve heard how quickly a new car loses value , then you’ll be interested in a new CNBC report : New cars are actually depreciating at a much slower rate than in the past.

Car 59

Car Used Cars Finance 59

Jalopnik

NOVEMBER 23, 2023

Dealers are scummy. While not all dealers do business the bad way, it’s a the business that seems to attract shady operators. Commission leads to greed, leads to carelessness, leads to ruthlessness, leads to a constant need to look for that next hit/sale. Read more.

Car Dealership 62

Car Dealership Used Cars Finance Car 62

Jalopnik

DECEMBER 20, 2023

Buying a car can be a tricky process, and things get even more complicated when the dealer isn’t in your region, meaning you can’t do the transaction in person. However, shopping outside of your area can often mean finding a better car or a better deal. You just need to take a few extra precautions to make sure you… Read more.

Car 58

Car Car Dealership Used Cars Finance 58

Jalopnik

NOVEMBER 15, 2023

It’s a scary thought but at some point most of us will have to replace our cars. In that case, what model would you replace your current car with? Whether it’s because of an accident that results in total loss or a catastrophic breakdown , we’ll have to replace a beloved daily with a new one. Read more.

Car 57

Car IT Used Cars Finance 57

Jalopnik

NOVEMBER 18, 2023

These are the most-read car buying stories of the week, and a couple you may have missed. Read more.

Car 59

Car Used Cars Finance 59