Used Cars
Caddy shifts warranty on certified used vehicles
12:01 am U.S. ET | May 13, 2013
Cadillac is again offering a bumper-to-bumper warranty on its certified used vehicles, a move the luxury brand says makes it more competitive with rivals' programs.... Read More » Comments [0] | Recommendations [0]
Analysts: Used-pickup prices keep truckin'
12:01 am U.S. ET | May 13, 2013
Used-vehicle prices have peaked for 2013 and are expected to stabilize lower than in 2011 and 2012, but higher than before the recession, analysts say. They also say that strong demand for full-sized pickups will buoy prices in that segment.... Read More »| Related topics: | Dealer Issues | Best Practices | Finance & Insurance | Vehicle Sales | U.S. Monthly Sales | Fixed Operations | Dealer Groups and Dealerships |
Used-hybrid prices down from '12
12:01 am U.S. ET | May 20, 2013
A more crowded market of electrified and efficient gasoline-powered vehicles is pushing down prices of used hybrids. Moderating gasoline prices are hurting, too.... Read More »U.S. used-vehicle sales drop 6% in first quarter
4:04 pm U.S. ET | May 14, 2013
Industry-wide used-vehicle sales dropped 6 percent in the first quarter of 2013 compared to the same quarter last year, according to Edmunds.com's new Used Market Quarterly Report.... Read More »ADESA forecasts rising off-lease volume in second half of year
12:01 am U.S. ET | May 13, 2013
ADESA, the nation's second-largest used-vehicle auction company, expects an uptick in sales of off-lease vehicles, especially in the second half of the year, said the top executive at its parent company.... Read More »Tesla hikes guaranteed residual value on Model S
4:16 pm U.S. ET | May 3, 2013
Tesla increased the guaranteed residual value of its electric Model S sedan to 50 percent after its lease-to-own period of three years. The car's guaranteed residual value had been tied to that of the Mercedes-Benz S class, which, at 43 percent after 36 months, is relatively low compared with the overall luxury segment.... Read More »ADESA parent KAR's Q1 profit rose 12% to $29 million
10:09 am U.S. ET | May 2, 2013
KAR Auction Services, parent company of vehicle-auction company ADESA, said its first-quarter net income rose 12 percent to $29 million on a 10 percent increase in revenue, to $558 million.... Read More »GM Financial shifts emphasis to newer cars
12:01 am U.S. ET | April 29, 2013
General Motors Financial Co. wants to change its image among franchised dealers shopping for used vehicles at auctions. So next month the captive finance company will host a sale of about 200 2010-13 GM vehicles.... Read More »Carfax hit with $50 million antitrust lawsuit by 120 dealerships
4:25 pm U.S. ET | April 24, 2013
The owners of 120 auto dealerships have filed a federal lawsuit against Carfax, alleging that the vehicle history reporting company engages in anti-competitive practices and violates antitrust laws.... Read More »REMARKETING
Retailer CarMax targets smaller markets
12:01 am U.S. ET | April 22, 2013
CarMax Inc., the nation's largest used-car retailer, opened its first small-format store in Virginia last month and plans to open a second such store this fall in Tennessee. Those two stores could be the first of as many as 100 stores.... Read More »REMARKETING
BMW Financial expects off-lease volume to rebound
12:01 am U.S. ET | April 22, 2013
BMW Group Financial Services' off-lease volume bottomed out in 2012 and is expected to rebound by 20 percent this year.... Read More »Used Car Data
INFORMATION TECHNOLOGY
Used-car shoppers want it all online
12:01 am U.S. ET | April 15, 2013
Dealers should post rich information online to sell used vehicles, not just new ones, according to respondents in a new study by J.D Power and Associates.... Read More »Much of tax refunds will go for auto-related spending
10:00 am U.S. ET | April 11, 2013
A third of the consumers who received or are expecting tax refunds this year plan to sink some of that cash into vehicle-related purchases such as a new- or used-vehicle or repairs, an eBay study found.... Read More »CarMax quarterly profit rises, but used-car sales momentum drops
9:55 am U.S. ET | April 10, 2013
CarMax, the largest retailer of used cars in the United States, reported a 13 percent gain in fourth-quarter profit, but comparable used-car sales grew at a slower pace than the previous quarter.... Read More »Dealer sales dominated auto auction scene in 2012
12:01 am U.S. ET | April 8, 2013
Vehicles owned by dealers represented the biggest share of the almost 8 million units sold by members of the National Auto Auction Association last year.... Read More »How the Fed fueled an explosion in subprime auto loans
12:01 am U.S. ET | April 7, 2013
Jeffrey Nelson was able to put up a shotgun as down payment on a car. At car dealers across the United States, loans to subprime borrowers like him are surging. Subprime auto lenders are showing up in a lot of personal bankruptcy filings, too. The Federal Reserve has made it all possible.... Read More »REMARKETING
Smaller groups are big in used-car sales per store
12:01 am U.S. ET | March 25, 2013
In used-vehicle sales per dealership, the Joe Machens Dealerships group has a leg up over all but a handful of other dealership groups in the United States, ranking No. 5 by that measure, according to data from the Automotive News list of the top 125 U.S. dealership groups. In contrast, the group ranks No. 90 in retail new-vehicle sales and No. 28 in total used-vehicle sales.... Read More »Hertz sales increasingly bypass auctions
12:01 am U.S. ET | March 4, 2013
Hertz Global Holdings Inc. sold more retired rental vehicles in the United States last year than the year before, with a rising share of the sales going directly to dealers and consumers, CEO Mark Frissora said.... Read More »Mobile apps are the new frontier of used-car sales
12:01 am U.S. ET | March 4, 2013
Captive finance companies, auto auctions, third-party Web sites and others unleashed a proliferation of mobile apps and products aimed at remarketers during the National Automobile Dealers Association convention in Orlando last month.... Read More »Special Report
 Toyota's Lentz: 'It's really a three-horse race'Toyota's Jim Lentz believes the Camry will extend is 11-year reign as the best-selling car in the U.S. Mon., May 20» Watch the Video |
- Internet Director
Gerald Jones Honda -- Augusta, GA, United States - Service Manger
AR, United States
News by Brand
