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Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
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NADA Used Car Guide expects average trade-in values for popular, fuel-efficient small cars (2006-2009 model years) to be 10 to 30 percent higher in August 2011 than they were at the beginning of the year.
Read More →A new study by TrueCar.com indicates that baby boomers are into luxury and eye-catching appeal.
Read More →J.D. Power and Associates anticipates an uptick in new-vehicle sales for July, but the retail selling rate for the year continues to face pressure from notably low but improving inventory levels and flat incentive levels.
Read More →Provider Exchange Network (PEN) has added GAPWise to its e-contracting platform. The product provider's dealers will now have access to e-contracting, e-rating and e-remittance capabilities.
Read More →Westlake Financial Services announced its top auctions list for the second quarter, with Norwalk Auto Auction and Manheim Nevada taking the top spots.
Read More →Company officials partially attribute Ford Motor Credit Company’s $173 million decrease in earnings to reductions in credit loss reserves and other expenses, the company reported today.
Read More →Car buyers are responding to an apparent pick-up in incentive spending by manufacturers, reports CNW.
Read More →Second quarter sales slowed due to production shortages from the Japanese earthquake and the anticipated lowering of the state sales tax rate on July 1, according to a California New Car Dealers Association.
Read More →Based on current market conditions and dealer success with its solution, MaximTrak said it has experienced a high level of demand for its Web-based F&I system during the first half of 2011.
Read More →Consumers were back on the sidelines for the first 15 days of July, according to CNW Research, as car buyers continued to wait for the expected increase in incentives after the summer months.
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