Black Book Used Vehicle Retention Index Shows Increase in February
February saw another record broken with the Index reaching 130 points for the first time.
March 3, 2021
February saw another record broken with the Index reaching 130 points for the first time.
March 3, 2021
Look for further data updates as the Cox Automotive Industry Insights team dives into the results and shares insights on average transaction prices, fleet performance, CPO sales, inventory levels and more.
March 3, 2021
Have you heard of the 80/20 Rule? I bet you have, but you may be wondering what to do with the other 80% of your time. John Tabar from UDS offers some suggestions in this F&I Tip of the Week.
March 2, 2021
An average 2021 model-year vehicle will only retain about 40% of its original value after a five-year ownership period.
March 2, 2021
February was another record-breaking month, with the Retention Index reaching 130 points for the first time. All segments saw an increase in the Index with Full-Size pickups leading the way – that segment stands 23% higher than it was in February of 2020.
March 2, 2021
According to the J.D. Power 2021 U.S. Automotive Commercial Lending Satisfaction Study, the difference between good and great dealer-lender relationships comes down to four key steps.
March 1, 2021
Vehicle insurance is now an automated part of the Darwin F&I process.
March 1, 2021
New VolkswagenDirect and AudiDirect websites enable dealers to purchase fresh, off-lease inventory to stock their lots.
March 1, 2021
Inspect Now™ is an innovative new virtual inspection process designed by JM&A Group to make the adjudication of claims more efficient and less time consuming.
February 25, 2021
Buckle continues to champion for gig drivers by utilizing non-traditional data sources from TNEDICCA to fairly underwrite comprehensive auto policies at better rates.
February 25, 2021
A new line of credit will provide dedicated capital for TRADE X to expand its global B2B automotive trading platform across North America and beyond.
February 25, 2021
Mobile Service also opens up the service drive for larger repairs, driving profit even further.
February 24, 2021
Innovative vehicle transportation technology promises to simplify dealership auto-delivery services to consumers at home.
February 24, 2021
Military, first responders and law enforcement will have access to cost-savings, upfront VIN-based pricing, and a modern digital deal building experience.
February 24, 2021
Do you believe in your products or do you just sell them? It's a fair question. Here's another question that will help you find out ... What products are you currently enrolled in to protect your own personal vehicle? If the answer is none, that might be an indication that you are not a true believer after all. UDS' John Tabar encourages you to believe in the products you are selling to help the customer believe in their value.
February 24, 2021