CarMark Auto Finance will be offering a free webinar on Tuesday, Sept. 25, discussing a new residual-based financing option that can help dealers reduce monthly payments for their customers, and which is scheduled to be made available later this fall to early next year. It’s part of a webinar series hosted by the Pre-Owned Automobile […]
General Motors is moving Chevy Volt sales with leasing, as owners are accessing a low monthly payment averaging around $269. The high price point on the full finance option has made the leased version more appealing. Black Book is estimating the current lease deal will be driving strong off-lease demand based on a projected residual […]
Dan Galves Editor Galves Auto Price List Used vehicle price dip seen in August was not unexpected, though perhaps more severe than anticipated in certain segments; More expensive models suffered most dramatic erosion w/ Porsche being at front of pack; Close behind were higher end SUVs like Lexus LX570 and Mercedes GL series. Click here […]
Jonathan Banks Executive Automotive Analyst NADA Used Car Guide Gasoline prices rising 28 cents in August did little to change used price trend of past few months; Wholesale prices fell by better-than-expected 1.9% or $316 – 3rd month prices at or below 2% mark. Moderate loss another sign demand for used vehicles remained solid, compared […]
When a big company buys a smaller company - even a leader in its industry - there is always concern that the winning culture of the smaller company will fade. Not so with this marriage of Hertz and Donlen, Barry tells us. He gives us some insight into the respective attitudes of the two companies and tells us about some very exciting new programs.