Auto Remarketing

JULY 30, 2024

Perhaps it’s jumping to conclusions, but the only segment in Black Book’s tracking to squeeze out a wholesale value uptick last week might relate to vehicles in position to solve one of the pressing current challenges to get cars financed and retailed.

Vehicle 105

Vehicle Retail Finance Used Cars 105

Auto Service World

JUNE 18, 2024

Cars.com has released its second annual Affordability Report, highlighting a more accessible retail environment for car buyers. The 2024 report provides a comprehensive, data-driven analysis of the current market, including consumer buying attitudes, financing trends and detailed vehicle comparisons.

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Finance Retail Vehicle Car 147

Solera

AUGUST 8, 2023

Independent car dealerships must remain competitive compared to other independent dealers in their area and large national chains with big budgets, a strong brand identity, and access to a nationwide inventory. Offer a wide variety of vehicles: Customers like choices, including new popular hybrids or EVs. How do they do that?

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Car Dealership Car Finance Customer Service 130

AutoSuccess

JANUARY 9, 2024

I was raised in my automotive beginnings to know that if the customer didn’t drive the car, management would not give approval to ask the customer to purchase. is rather obvious on pre-owned vehicles, since no two pre-owned vehicles are exactly the same and they have wear and tear that new vehicles do not.

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Vehicle Retail Banking Finance 116

AutoSuccess

SEPTEMBER 6, 2024

In today’s economic climate, consumers are grappling with extreme inflationary pressures affecting vehicle ownership. Auto dealers are particularly impacted, facing challenges in vehicle availability and profitability. The Impact of Inflation on Vehicle Ownership Inflation creates significant increases in the cost of vehicle ownership.

Vehicle 98

Vehicle Insurance Finance Used Cars 98

Auto Service World

OCTOBER 12, 2024

Steering through the world of second-hand vehicles can be tricky, especially when finding a dealer you can trust. This, however, can make your car buying journey more challenging. Transparency: Trustworthy dealers are typically forthcoming with information about their vehicles. So, how do you separate the wheat from the chaff?

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Used Cars Car Vehicle Manufacturing 130

Auto Service World

DECEMBER 7, 2024

With a growing population and busy roadways, Toledo sees a fair share of car accidents every year. If you find yourself in such a situation, contact our experienced Toledo car accident attorneys today. Take pictures of the scene, specifically focusing on the damage caused to the vehicle and the objects involved.

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Insurance Car Finance Consulting 130

Master Mechanics

JUNE 20, 2024

One of the most important questions that many people face when choosing a new Fiat is whether to lease it or finance it. Leasing And Its Advantage A Fiat lease is somewhat similar to hiring a car for a certain amount of time, usually for two to four years. At this time, you will be paying monthly installments for the lease of the car.

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Finance Master Mechanic Car ASE 52

Master Mechanics

JUNE 20, 2024

One of the most important questions that many people face when choosing a new Fiat is whether to lease it or finance it. Leasing And Its Advantage A Fiat lease is somewhat similar to hiring a car for a certain amount of time, usually for two to four years. At this time, you will be paying monthly installments for the lease of the car.

Finance 52

Finance Master Mechanic Car ASE 52

Auto Remarketing

SEPTEMBER 13, 2024

That’s the message of a new report from Edmunds head of insights Jessica Caldwell that examines the disconnect between what car shoppers want to pay for their next vehicle and what the market says they’ll have to pay. While vehicle prices are coming down from their post-COVID peaks, they’re still well above pre-pandemic levels.

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Car Finance Vehicle Electronics 91

Auto Remarketing

MAY 28, 2024

When that shopper is waffling over whether the timing is right to buy a used car, here’s a selling point a dealer can pass along to that indecisive consumer, courtesy of CARFAX. As it stands, retail prices for used vehicles have slowed significantly year-over-year: used SUVs are down 9.5% from May 2023, with cars off 7.2%

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Used Cars Car Retail Finance 109

Jalopnik

SEPTEMBER 12, 2024

When a prospective buyer of a used vehicle from CarMax doesn’t qualify for financing, they’ll likely be offered a loan from Exeter Finance as a lender of last resort.

Finance 63

Finance Vehicle Retail Used Cars 63

Automotive Training Centre

DECEMBER 5, 2023

This is a valid question, particularly in the wake of the 2020 pandemic, which has significantly impacted vehicle supply. Keep reading to learn why you should pursue your dream of a car sales career in 2024. Selling Vehicles Can Be Rewarding An automotive sales career can be quite rewarding.

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Automotive Auto Mechanic Training Finance Mechanic 222

Auto Remarketing

SEPTEMBER 19, 2023

Autumn brings the brilliant colors of fall foliage, pumpkin spice added to a variety of drinks and dishes and a multitude of vehicle accidents. CARFAX confirmed that last point, as the vehicle history report provider pointed out that fall is the time when vehicle crashes occur most often.

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Car Finance Vehicle Management 98

AutoSuccess

SEPTEMBER 3, 2024

During the coronavirus pandemic, inventory was historically low, customers frequently paid above MSRP and financed cars at higher interest rates and for longer periods of time. These circumstances have resulted in many customers being underwater with their pandemic-era purchase, and upgrading vehicles has become financially difficult.

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Car Software Finance Management 93

AutoSuccess

OCTOBER 16, 2024

Industries like finance and healthcare have long understood the critical need to safeguard sensitive information, and they have established strict guidelines, laws and mandates to protect consumer data. The automotive industry must move beyond its current approach and adopt data privacy practices akin to those in finance and healthcare.

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Finance Automotive Insurance Manufacturing 52

Jalopnik

MAY 22, 2024

An analysis of British road traffic accidents in a recent study concluded that battery electric vehicles and hybrids are significantly more likely to strike pedestrians than gas or diesel vehicles. According to data compiled from 32 billion miles of BEV and HEV travel and over 3 trillion miles traveled in gas and… Read more.

Electric Vehicles 72

Electric Vehicles Electricity Vehicle Car 72

AutoSuccess

FEBRUARY 19, 2024

Cox Automotive ‘s annual Car Buyer Journey (CBJ) Study reveals that satisfaction with the vehicle shopping and buying experience improved in 2023 after declining in both 2021 and 2022. This approach combines online and at-dealership activities, resulting in a more satisfying and efficient vehicle buying experience.

Car 80

Car Vehicle Retail Automotive 80

Auto Remarketing

OCTOBER 3, 2023

High vehicle prices and interest rates are delivering an economic one-two punch that is being felt throughout the used-vehicle ecosystem. Think consumer financing and monthly payments, dealership inventory and certified used vehicles, and residuals and repossessions. 6-9 in Scottsdale, Ariz.

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Finance Used Cars Vehicle Automotive 96

Tomorrow's Technician

JANUARY 19, 2024

I have had my share of epic fails, from financial hardships where food and finances were in short supply, to dealing with crooked people in my employ who decided to liberate funds from my shop for their own gain. Suddenly, what was his greatest asset in fixing vehicles – confidence – is now his greatest liability.

Finance 130

Finance Technical Service Advisor Service Tech 130

CATI

JANUARY 18, 2024

Buying a car is a significant financial investment that most people are unwilling to make lightly. These days, most car buyers carry out a significant amount of research before approaching a dealership, which makes them more likely to resist overly friendly sales tactics from auto sales professionals. Contact CATI for more information.

Car 76

Car Automotive Finance Technical 76

Dent Mechanic Group

DECEMBER 23, 2024

Hail storms can wreak havoc on vehicles, leaving behind unsightly dents and dings. If your car has been hit, you may be debating whether to repair the damage or purchase a new vehicle. However, repairing hail damage can offer significant benefits that outweigh the costs and challenges of buying a replacement car.

Car 52

Car Mechanic Insurance Repaints 52

Brake & Front End

JUNE 30, 2023

Managed by the new Stellantis Charging and Energy Business Unit, Free2move Charge addresses electric vehicle customer needs at home, in their business and on-the-go. “As Free2move Charge Home delivers private customers support with installation, financing and warranty of home charging and other energy hardware and services.

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Electric Vehicles Finance Electricity Management 130

Auto Remarketing

OCTOBER 29, 2024

The difference between the price of a new car during the third quarter and that of a used car is enough money to … well … buy a car. Enough, at least, to purchase an older pre-owned vehicle. The gap between used- and new-car prices isn’t the only one worth noting — so, too, is the gap between wants and realities.

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Used Cars Car Finance Vehicle 52

Autoblog: Repairs

AUGUST 14, 2024

Vehicle prices continued a downward trend in July — the most of any major category in the Consumer Price Index (CPI) over the last year as the car market continues its return to "normal" following pandemic-fueled inflation. Used car prices fell 2.3% New car prices fell 0.2% Used car prices fell 2.3% in July and 1.4%

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Used Cars Car Finance Vehicle 52

AutoSuccess

MARCH 5, 2024

Sansone, a second-generation car dealer with a diverse portfolio including dealerships, technology and banking companies, shares his journey and the innovative approaches he’s taken to enhance his businesses and contribute positively to the community. Watch the video above to learn more about this and more!

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Banking Finance Retail Car 98

AutoSuccess

SEPTEMBER 23, 2024

This program enables small business owners and entrepreneurs to finance vehicles through Santander Consumer, significantly broadening the financing options available to them. Now, small businesses can submit applications and finance their business vehicles through Santander Consumer at dealerships nationwide.

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Finance Vehicle Manufacturing Automotive 52

Jalopnik

JANUARY 2, 2025

Norway is leading the entire world when it comes to electric vehicle adoption. Nine out of ten cars sold in the Nordic country in 2024 were powered by electricity. That puts the country well on track to hit its goal of only adding EVs to the road in 2025. Thats a lofty task, but if anyone is equipped to do it, Norway Read more.

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Electricity Car Electric Vehicles Vehicle 55

AutoSuccess

SEPTEMBER 16, 2024

According to S&P Global, the average age of vehicles in the U.S. Among other factors, better vehicle quality and economic considerations have led to people keeping their passenger and light truck vehicles for longer. Why Are Vehicles Getting Older? This means big changes for dealers selling OEM parts.

Vehicle 52

Vehicle Tire Rotations Oil Change Brake Repair 52

Auto Remarketing

FEBRUARY 1, 2024

While the groundhog hasn’t delivered his forecast yet, it seems spring might be on the way in the wholesale car market. Used-vehicle prices were down again as January ended, but the pace of depreciation is decelerating, according to the latest report from Black Book. In turn, that is helping to drive down the cost of used cars.”

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Retail Used Cars Trucking Finance 98

Auto Remarketing

NOVEMBER 17, 2023

The world of car dealerships is a dynamic and ever-evolving industry that operates in tandem with economic cycles. In a down market, car dealerships face unique challenges that test their adaptability and resilience. This means offering a wider range of vehicles that cater to varying customer demands and budgets.

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Car Dealership Customer Service Finance Management 105

AutoSuccess

NOVEMBER 16, 2023

This thinking has evolved, and many in the industry now realize that the sweet spot consumers want when shopping for a car will take a true omni-channel approach — where customers want to research and build deals online, but still appear in the showrooms at some point in the process when it’s convenient. calculated and applied.

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Retail Finance Vehicle Car 98

Jalopnik

JANUARY 2, 2025

These days, it seems like all the desirable, interesting cars are staying expensive instead of getting cheap so they can ruin the finances of normal people willing to roll the dice on maintenance and repairs. Those may be bad decisions, but we at least want the opportunity to make them, dammit. The BMW i8 , on the Read more.

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Finance Car IT Vehicle 55

AutoSuccess

AUGUST 7, 2024

In The Car, LLC. The new digital tool incorporates data collected by Dealertrack during the sales process and combines that with ITC-generated data about the customer’s driving record, prior insurance claims, other household vehicles, drivers and more. The result is a near-instant insurance policy.

Automotive 52

Automotive Insurance Collision Repair Car 52

AutoSuccess

OCTOBER 22, 2024

Car buyers’ trust in dealers is a key indicator of how transparent they perceive the car-buying process — even with access to digital tools to complete key elements of their purchase. Using online soft credit pulls and pre-qualification, car buyers can enter a dealership with a sense of their pricing options.

Car 52

Car Finance Car Dealership Vehicle 52

AutoSuccess

AUGUST 16, 2024

Vehicle leasing has returned to a spirited level of activity on dealer lots this year. However, leasing requires a close review of a car shopper’s credit. of new vehicle purchases in Q1, compared with 19.3% in Q1 2023, according to Experian’s Q1 State of the Automotive Finance Market Report. Leases made up 24.1%

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Finance Banking Vehicle Retail 86

Jalopnik

NOVEMBER 13, 2023

As it turns out, car dealers seem to know even less than buyers do when it comes to electric vehicles , and they don’t really seem too keen on learning about them. The Washington Post spoke with a number of customers who said dealers tried to redirect them to gas cars or gave them unclear or downright incorrect answers … Read more.

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Electric Vehicles Car Electricity Vehicle 72