Posts
Tips From Carfax For Car Buying Season; 22.1 Million Used Car Sales Expected Over Next Five Months
CENTREVILLE, VA – Carfax is kicking off car buying season with some tips for consumers to help find safe, reliable used cars. History shows that more than half of all the used cars sold this year will be bought in just five months, from May thr
May 2, 2013
Top 10 Used & New Models Eyed by Non-prime Buyers
Top 10 used and new models eyed by non-prime buyers, according to SubPrime Auto Finance News. IRVINE, Calif. — CarFinance.com released data on the top 10 new- and used-vehicle choices for its below-prime car buyers during the past six months. Compr
Apr 29, 2013
Auction Price Declines Pick Up Speed
According to Auto Remarketing, auction price declines pick up speed. At the industry level, wholesale price movement was expected to weaken slightly over the course of the current week as NADA projected prices to decline by 0.3 percent, or $50, relat
Apr 26, 2013
AutoNation Reports All-Time Record Quarterly EPS from Continuing Operations
EPS from continuing operations an all-time record(1) $0.68, up 21% compared to the year-ago period Total revenue of $4.1 billion, up 12% compared to the year-ago period, increasing across all major business sectors; operating income of $169 million,
Apr 19, 2013
The NADA Used Car Guide Update
The first 60 days of 2013 get reviewed for success factors in the NADA Used Car Guide update. Growth on pickups and cars between the ages of 8 years and 3 were marked. General Motors’ reported gains, as well as Chevrolet’s losses for entr
Apr 19, 2013
NADA: Used-Vehicle Prices for 2013 Peaked in March
McLEAN, Va. — Wholesale prices for used cars and light trucks reached their annual peak in March, says the NADA Used Guide in its April edition of Guidelines. Prices for used vehicles up to 8-years-old increased by 1.2% in March, substantially
Apr 17, 2013
Best Practices for Used Vehicle Investments
vAuto provides insight on dealership inventory management. Keeping an eye on your ROI will help dealers develop discipline in purchase so that gross profits expand. Holding onto cars that have too much investment in them already represent major loss
Apr 16, 2013
Used Car Inflation Slips Further Into Red – TransUnion
The TransUnion Vehicle Pricing Index (VPI) for the first quarter of 2013 indicated that used passenger vehicle price inflation slipped further into negative territory to -1.4%, a significant drop from the 3.6% rise in price inflation in the same peri
Apr 16, 2013
Sales Contests, and How to Dare Your Staff into Boosting Revenue
The Center for Sales Strategy suggests that sales managers watch out for cheating in the competitive sales contest. By making the goals different every time, a more well-rounded investment in both company morale and return can improve the development
Apr 15, 2013