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Trending Auto Retail News

Edmunds.com Shows Shoppers How to Buy a New Car in Less Than a Day

SANTA MONICA, Calif.  —Shoppers who know the right path to car buying can seal a deal faster than they ever imagined, even in as little as a few hours, says Edmunds.com, the premier resource for automotive information. And while Edmunds.com highly recommends that...

Wholesale Depreciation Remains Moderate in September

Wholesale Depreciation Remains Moderate in September

According to October's edition of Guidelines, NADA Used Car Guide's monthly market update, wholesale depreciation remains moderate in September. NADA Official Used Car Guide Update:  Wholesale Depreciation Remains Moderate in September Market average drops by 2.0%...

Manheim Used Vehicle Index Stays Unchanged

Manheim Used Vehicle Index Stays Unchanged

According to Manheim Consulting, the Manheim Used Vehicle Value Index stayed unchanged from August to September.  Manheim said September's stabilization in wholesale pricing reflected strong underlying dealer demand created by higher retail sales volumes. Tom Webb,...

Exeter Finance Expands and Extends Warehouse Credit Facility

IRVING, Texas, Oct 2, 2012 – Exeter Finance Corp., a specialty auto finance company, announced the expansion and extension of its warehouse credit facility to $1.075 billion of available borrowing capacity from the previous level of $600 million. The new borrowing...

Fight Rising Insurance Rates

Some time ago I predicted that in 2012, the dealership insurance market would become “schizophrenic.” I could not have been more correct. Dealers who renewed their coverage in late 2011 or early 2012 will be in for an unpleasant surprise full of higher premiums,...

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