DCG launches AI data-mining software for dealership valuations
Monday, May. 20, 2024, 03:27 PM
Vroom reports net loss of $44.7M in Q1, completes wind-down of ecommerce & used-car retail business
Monday, May. 13, 2024, 02:52 PM
FloodFlash launches sensor-enabled flood insurance for ‘underserved’ dealers
Monday, May. 13, 2024, 01:52 PM
Financial
CarEdge calculator helps consumers navigate car loans & depreciation
Friday, Oct. 30, 2020, 06:09 PM
Auto Remarketing Staff
CarEdge.com, a provider of analytical tools that automotive dealers and leasing companies use to assess vehicles’ current and future values, has introduced a vehicle financing calculator that compares the expected depreciation of a vehicle with the future balance on a car loan. The company designed the calculator to make consumers aware of the risks […] [Read More]
Auto Fin Con, Repo Con kick off Used Car Week
Thursday, Oct. 29, 2020, 07:09 PM
Auto Remarketing Staff
To get a sense of how this year’s all-digital Used Car Week will begin, picture a sandwich. If Thanksgiving week is the leftover turkey, stuffing and cranberry sauce, then the weeks of Auto Fin Con and Repo Con are the slices of bread bookending those feast-filled days. Before the holiday season kicks off, we’re bringing […] [Read More]
Swapalease finds 5 ‘Spooktacular’ lease deals to close October
Wednesday, Oct. 28, 2020, 07:40 PM
Auto Remarketing Staff
Perhaps you’re well past the age to go trick-or-treating. But Swapalease.com announced five “spooktacular” lease deals for the Halloween holiday that might help your dealership move some metal, which certainly could be a sweet way to close the month. The “spooktacular” lease deals aren’t just for base-model units, either, as site experts found diverse vehicle […] [Read More]
TrueCar CFO to step down for another business opportunity
Friday, Oct. 16, 2020, 05:59 PM
Auto Remarketing Staff
Noel Watson has resigned as chief financial officer of automotive digital marketplace TrueCar to accept another business opportunity. Watson, whose new opportunity will be with a privately held company “outside of the automotive vertical,” according to TrueCar, expects to remain in his current position through Nov. 16. That is to ensure a smooth transition for […] [Read More]
While down from previous years, lease-transfer approvals stay consistent in September
Monday, Oct. 12, 2020, 06:43 PM
Auto Remarketing Staff
While Equifax gave a snapshot of the new leases booked during one week in September, Swapalease.com reported how many lease-transfer approval came during the entire month. Turns out, Swapalease found that September posted one of the highest approval rates of the years as site officials pegged it at 67.6%, a slight increase from the August […] [Read More]
Dent Wizard rolls out program tailored for leased vehicles
Wednesday, Sep. 16, 2020, 07:59 PM
Auto Remarketing Staff
This week, Dent Wizard International introduced a version of its popular AlwaysNu vehicle protection, specifically for leased vehicles. As one of the largest providers of automotive reconditioning services and vehicle protection products in North America, Dent Wizard explained that AlwaysNu Lease Protection provides protection during the lease as well as reimbursement for common turn-in charges […] [Read More]
Latest leasing trends from Experian & Swapalease
Tuesday, Sep. 8, 2020, 04:21 PM
Auto Remarketing Staff
Experian identified leasing market penetration among the top 20 automakers that booked that kind of financing during the second quarter. Swapalease.com also pinpointed two factors that could enhance brand loyalty in the leasing segment; information that could be especially valuable since the site discovered nearly eight out of every 10 leaseholders would like to exit […] [Read More]
Top 10 states with most used-vehicle financing in Q2
Tuesday, Sep. 8, 2020, 02:20 PM
Auto Remarketing Staff
Tennessee and Vermont are polar opposites based on at least one statistic from Experian’s Q2 2020 State of the Automotive Finance Market report. Turns out the states well known for country music and maple syrup, respectively, are at the top and the bottom of Experian’s data set for the amount of used-vehicle financing originated during […] [Read More]
Swapalease sees July credit approvals maintain near steady pace
Thursday, Aug. 13, 2020, 07:11 PM
Auto Remarketing Staff
While some industry metrics are moving more significantly, Swapalease.com is seeing only modest changes in approval rates for consumers using its site to secure a short-term transportation solution. Site officials reported earlier this week that lease credit applicants registered a 65.1% approval rate in July, a slight decline from the June rate of 67.1%. Swapalease noticed […] [Read More]
Mike Albert now offers vehicle subscriptions near Cincinnati
Tuesday, Aug. 4, 2020, 03:20 PM
Auto Remarketing Staff
Mike Albert entered the vehicle-subscription business on Tuesday. The company with roots in the fleet and rental spaces for more than 60 years announced that it now offers a monthly subscription vehicle service to customers living within a 75-mile radius of its flagship location in Evendale, Ohio, which is northeast of Cincinnati. Mike Albert explained […] [Read More]