Auto Remarketing Magazine

Auto Remarketing provides updates on the newest trends in the remarketing, certified pre-owned, and used vehicle markets.

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CarMax launches initiatives with goal of 'being the leader in the used EV sector'

3 days ago | autoremarketing.com | Joe Overby

With the used electric market poised to grow in coming years, CarMax — where website searches for EVs have more than doubled since January 2022 — is taking steps now to become the leader in that space. The used-car retailer announced a series of initiatives on Wednesday designed to improve the used EV buying and ownership experience, including measures around EV education, battery health assessment and at-home charging, and tax rebates.
Ciocca Automotive highlights how Assurant has helped its stores in F&I and beyond

1 week ago | autoremarketing.com | Nick Zulovich

Two top executives from Ciocca Automotive, a growing automotive group with 54 dealerships in New Jersey and Pennsylvania, recently described what the partnership with Assurant has done for their dealerships’ F&I performance and other parts of the retailer. “We’re already seeing the positive effects of working with Assurant,” Ciocca Automotive CEO Mark Harrold said in a news release from Assurant.
VantageScore delves deeper into April auto-finance surge

1 week ago | autoremarketing.com | Nick Zulovich

The newest data from VantageScore released this week showed that if you want to ignite auto financing, just create a global pandemic or launch tariffs among some of the world’s leading economies. According to the latest edition of CreditGauge from VantageScore that also noted a short-term improvement in repayment activity, global reactions to the new U.S. tariffs pushed auto loans to their highest levels since January 2020.
COMMENTARY: Sale-leaseback in automotive retail & unlocking capital without losing control

1 week ago | autoremarketing.com | Nick Zulovich

In today’s automotive retail environment, staying competitive often requires significant capital investments, whether acquiring additional rooftops, investing in new technologies, or upgrading facilities to meet evolving OEM requirements. At Mach10 Automotive, we’re often asked how to best leverage real estate assets when the topic of expansion comes up.
NIADA seeks clarification from Senate involving proposal of tax deduction for auto financing

1 week ago | autoremarketing.com | Nick Zulovich

Patrick O’Brien is getting straight to work as director of government affairs and compliance for the National Independent Automobile Dealers AssociationHaving just joined the association in recent days, O’Brien already sent a letter to leadership of the Senate Finance Committee. NIADA is seeking language clarifying that the proposed tax deduction for interest paid on auto financing also can apply to used vehicles.
EpicVIN finds Top 10 budget-friendly cars of 2025

1 week ago | autoremarketing.com | Nick Zulovich

Finding an affordable new car for someone with bruised credit is likely pretty difficult nowadays. Kelley Blue Book reported that tariffs pushed new-vehicle average transaction prices up by 2.5% month-over-month in April to $48,699. It was the second-highest increase in a single month during the past decade, with only a pandemic-triggered spike of 2.7% in April 2020 surpassing it, according to Cox Automotive tracking.
Prices, sales on the rise for used EVs

1 week ago | autoremarketing.com | Joe Overby

There has been a spark in the used hybrid and electric vehicle market this month. After two years of consistent slowdowns, the segment has shown the most month-over-month retail price growth of any vehicle category in the latest Carfax Used Car Index. According to Carfax, used hybrid/EV prices are ...
Lane watch: 2 trends potentially point to healthy status for auctions & dealers

1 week ago | autoremarketing.com | Nick Zulovich

Perhaps you could make an argument that the used-car market is almost as healthy as it can be for both auctions and dealerships based on two trends highlighted by Black Book in its latest installment of Market Insights. On the wholesale side, Black Book said last week’s auction conversion rate came in at 60%, which has been at that level or higher each week but one since the middle of February.
PODCAST: How smart dealers & automotive companies now leverage AI

1 week ago | autoremarketing.com | Nick Zulovich

Artificial intelligence is almost as prevalent in automotive nowadays as car row in your community. But how are the smartest dealerships and service providers using AI? A trio of executives tackled that question and more during a panel discussion at this spring’s Auto Intel Summit that’s now available through this episode of the Auto Remarketing Podcast. The panel featured Rich Sands of STELLA Automotive AI, Mark Queen of SKAIVISION and Rene Cejas of RunBuggy.
PODCAST: Connecting auto-finance data with brand loyalty

1 week ago | autoremarketing.com | Nick Zulovich

Auto-finance data often highlights trends such as originations and delinquencies. But for the closing presentation of this spring’s Auto Intel Summit, TJ Cox of TransUnion and Jill Louden S&P Global Mobility took a different approach about what auto-finance data could show. Now available through this episode of the Auto Remarketing Podcast, hear some of the intriguing findings Cox and Louden discovered when connecting auto-finance data to brand loyalty.