Auto Remarketing

MARCH 6, 2025

As part of the inaugural Automotive Intelligence Awards , Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries. The full conversation can be found below.

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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% New car prices fell 0.2% in July and 1.4%

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Auto Remarketing

MARCH 14, 2025

As part of its inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries.

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Automotive Banking Finance Retail 52

Auto Remarketing

MARCH 11, 2025

As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries. He shares his story in the podcast conversation below.

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Auto Remarketing

FEBRUARY 19, 2025

As part of its inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries.

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Automotive Media Banking Finance 52

AutoSuccess

FEBRUARY 17, 2025

We talked with their used car manager, Bryan Bough, about their private-party buying program. They didnt just tweak their existing process; they completely reinvented how they acquire used cars. But to understand why, we need to examine how car dealerships typically work and why Dennis Dillons approach was so different.

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Jalopnik

AUGUST 30, 2024

When shopping for used cars , buyers tend to care the most about price, fuel economy and reliability, because, well, duh. You need to be able to afford your car, you don’t want to spend a fortune filling it up and you just want it to work.

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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 financing options: Just like a variety of cars, customers like a variety of financing options.

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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.

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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.

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Jalopnik

NOVEMBER 14, 2023

I’ve been blogging about car buying for about ten years, and I’ve seen some pretty bad takes over that time when it comes to giving consumers advice. However, this most recent one might take the cake with the overall thesis that certain really popular models make for good used car deals because they don’t depreciate… Read more.

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Auto Remarketing

JANUARY 24, 2025

The report cited its December survey of more than 1,000 consumers to show preference for SUV and trucks has dropped slightly SUVs down from 44% in 2023 to 43%, trucks from 9% to 7% and crossovers from 8% to 6% while car segments rose in popularity. The 47% who project used-car profitability was well above the 21% who did so a year earlier.

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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.

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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.

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Jalopnik

DECEMBER 9, 2024

You probably remember when the Hyundai Palisade and Kia Telluride were some of the hottest family crossovers on the market. Demand far outpaced supply, and many customers paid well over MSRP for these three-row SUVs. With upgraded versions on the horizon, its a good time to remind you that you dont need to spend a Read more.

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Jalopnik

DECEMBER 27, 2024

Happy Friday! Its December 27, 2024, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more.

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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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AutoSuccess

SEPTEMBER 6, 2024

Higher rates lead to increased monthly payments, making vehicle financing more challenging. According to Cox Automotive’s June 2024 Auto Market Report, the average new car loan interest rate is 10.1% for used car loans. This is a significant increase from two years ago, when the average new car interest rate was 4.1%

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Jalopnik

JANUARY 6, 2025

While its likely that an alliance between Honda, Nissan, and Mitsubishi will materialize sometime in 2026 , right now is a great time to score a used car deal on the Nissan EV that most people forgot about. You have probably heard things havent been looking good for Nissan. Read more.

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Used Cars Car IT Finance 59

AutoSuccess

MARCH 11, 2025

Brands With the Best Experience While individual dealerships play a crucial role in shaping the car-buying experience, a brand’s overall reputation also influences consumer trust and loyalty. Cars.com has announced the winners of its Dealer of the Year Awards, presented annually to the top automotive dealers across North America.

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Jalopnik

AUGUST 31, 2024

It’s a well-known fact that cars are money pits , especially brand new cars that lose a large portion of their value the instant they’re driven off the dealer lot. Buying a used car will save you money , since the first owner took the brunt of depreciation, but depending on the condition of the used car you buy it can… Read more.

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Used Cars Car IT Finance 34

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. This in turn has resulted in a surplus of new cars sitting on lots. Then ensure staff are trained to use the new system effectively.

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AutoSuccess

APRIL 29, 2024

The software suite includes a user-friendly dashboard that offers analysis and reporting across key dealership areas including digital marketing, inventory retailing, lead handling, sales performance and finance performance. At its core, Benchmark sets goals at the individual level and then holds everyone accountable to do their part.”

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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.

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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 not only attracts budget-conscious buyers but also allows dealers to profit from higher margins on used cars.

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Auto Remarketing

OCTOBER 11, 2024

The car-buying public has a message for the used-car industry, and it’s this: We don’t want to pay too much for a vehicle. That message was clearly conveyed in CarGurus’ latest Quarterly Review, which found sales of lower-priced used cars rising and high-end vehicle sales falling. “As

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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.

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Car IT Vehicle Used Cars 70

Jalopnik

JUNE 17, 2024

Some buyers, it seems, have decided to give the Vietnamese automaker a chance and actually buy one , despite the cars not being ready for prime time. You probably haven’t seen a Vinfast on the street yet. They’re around though, at least they are here in California. Those buyers may have put themselves into a shaky… Read more.

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Jalopnik

AUGUST 28, 2024

The market for used cars is still a bit on the wild side, but prices seem to be coming down. Consider, for a moment, that you need to use this car every day, but still want to have a little fun with it. It’s time for you to buy yourself a new daily driver , and you want to be a little more frugal this time.

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Auto Remarketing

NOVEMBER 25, 2024

While the coming year is showing positive signs for used-dar dealers, we’ve learned that the future is never certain. No matter what curveballs are around the corner, there are key strategies used-car dealers should consider to consistently boost profitability.

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AutoSuccess

JULY 18, 2024

TrueCar+ advances the company’s mission to eliminate the traditional complexities and uncertainties associated with buying a car, providing consumers with a more informed and straightforward journey from search to a completely online purchase, the release stated.

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Jalopnik

JULY 19, 2024

So much so that it was affecting the used car market. Not too long ago, vehicle leases were on the decline. Now, thanks to EVs, leases are making a big comeback. And thanks to tax credits, German luxury EVs are being leased now more than ever. Read more.

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Jalopnik

FEBRUARY 3, 2025

If youre in need of cheap transportation you can score a deal on a used car from Hertz Car Sales , which sells certified pre-owned cars, the majority of which are sourced from rental fleets. I did it years ago as a broke college student when I picked up a Chevy Sonic hatch for under $10,000.

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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.

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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.

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Car Used Cars IT Trucking 64

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.

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Jalopnik

JUNE 15, 2024

A woman in Knoxville, Tennessee had to turn to a local news station’s “Help Me” consumer affairs guy after a used car dealership sold her Ford Taurus out from under her after she brought it in for repairs. If that wasn’t bad enough, months later, the car was still registered in her name.

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