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Wholesale Used Vehicle Prices Decline Again
According to Manheim Consulting, the Manheim Used Vehicle Value Index fell again in August. Manheim said wholesale used vehicle prices declined 0.4% in August. This was the fifth consecutive monthly decline and brought the Manheim Used Vehicle Val
Sep 14, 2012
Hertz Commences Tender Offer to Acquire Dollar Thrifty
PARK RIDGE, N.J. — Hertz Global Holdings, Inc. (NYSE: HTZ) this week commenced a cash tender offer to purchase all outstanding shares of common stock of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG). As previously announced on August 2
Sep 14, 2012
What to Know When Buying Used
DETROIT – As a leader in vehicle connectivity, OnStar provides valuable services to not only owners of new General Motors vehicles, but to owners of used vehicles as well. Approximately 3.3 used cars are sold for every one new car sold, which makes
Sep 14, 2012
Cadillac CPO Sales Up 8%
Cadillac certified pre-owned sales were up 8.4% in August 2012 vs. July 2012. For Chevrolet, Buick, GMC certified pre-owned vehicles, sales were up 5.7% vs. July. Chevrolet, Buick, GMC August 2012: Month end total sales: 23,305 Month over month perce
Sep 14, 2012
Reality TV Can Help You Sell Cars
For better or worse, reality TV has taken network programming by storm. Like you, I have gotten hooked on “Storage Wars”, “American Pickers”, “Desert Car Kings” and others. I am convinced by the booming success of reality shows that a lot
Sep 14, 2012
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Kbb.com: Used-Car Values Continue to Decline
According to Kbb.com’s Blue Book Marketing Report for September 2012 , used-car values continue to decline. Kbb.com said even as fuel prices approached record highs this year, values of fuel-efficient vehicles have continued to lead market decline
Sep 14, 2012
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
US Equity Advantage Launches Live, Real-Time Dashboard for Partners to Track Commission Payments
ORLANDO, Fla. – US Equity Advantage (USEA) – the nation’s loan acceleration services leader – announces a new partner dashboard for finance and insurance (F&I) managers, automotive dealerships, and agencies to track and forecast commissi
Sep 10, 2012
NADA Adds Certified Pre-Owned Values to ‘Used Car Guide’
MCLEAN, Va. — The National Automobile Dealers Association Used Car Guide is now providing manufacturer-certified pre-owned (CPO) values for every qualified vehicle in its printed and electronic editions. “We recognize the tremendous effo
Sep 7, 2012
Teddy Nissan Consistently One of the Top Certified Pre-Owned Dealers in the Country
Owner Ted Bessen and President Steve Risso have built up one of the top-selling certified pre-owned dealers in the country, as well as the No. 1 dealer in the New York City market for July. NEW YORK — After being named the No. 1 certified pre-
Sep 7, 2012