The National Credit Union Foundation (NCUF), in partnership with Filene Research Institute, announced that 14 credit unions across the country are participating the product incubator for Non-Prime Auto Loans. Non-Prime Auto Loans, an NCUF product, is

Subprime auto lenders exercising caution, according to CNBC. U.S. auto sales got off to a slow start this year, and though they showed a modest rebound in March, industry analysts are questioning whether 2014 will see a recovery in the American car m

State arrests dealers for failing to pay taxes, according to Used Car News. The state of Florida recently cracked down on several auto dealers for not paying their sales taxes. William C. Brunes, the former operator of VIP Auto Showroom LLC, a used-c

Age, gender and marital status significantly affect how much Americans pay for car insurance, and the variability is highest among younger drivers, according to a new insuranceQuotes.com report. Age For both men and women, the average cost of car ins

Tesla fingers owner in lemon-law counterattack, according to USA Today. Only a couple days after offering a polite no comment, Tesla is fighting back against a lemon-law lawsuit that could complicate the spread of its direct-selling formula in more s

Today’s buy/sell market is robust and dealership values are very strong. This chart is based on the Kerrigan Advisors franchise values in the current buy/sell market. Each franchise in the chart is designated with a high, average and low multiple.

“You know how sometimes when you make a copy of a copy, it’s not quite as sharp as, well, the original?” This is one of my favorite movie quotes (Multiplicity — 1996). It also often applies to dealership groups. You can have a

From Car Talk: People lie on their car insurance forms. Who knew? Apparently, Americans don’t much mind lying to their auto insurance companies, because one in three do it. That’s according to a new Carinsurance.com survey that finds 34 percent

FTC charges dealer who ignored warning, according to Used Car News. The Federal Trade Commission has charged an Arkansas auto dealer, Abernathy Motor Co., and its two principals, with failing to display a “Buyers Guide” on used vehicles offered f