Used Cars
GM poised to leap out of 'lease hole'
12:01 am U.S. ET | June 17, 2013
For nearly two years, GM dealers have been suffering through a shortage of off-lease customers. That's because leasing by GM dealers all but dried up in late 2008, amid the financial crisis, and didn't resume in earnest until mid-2010. Three years later, those first post-crash lessees are returning to Cadillac, Buick-GMC and Chevrolet showrooms.... Read More » Comments [0] | Recommendations [0]
Certified-used Leafs coming -- but at what price?
12:01 am U.S. ET | June 17, 2013
Two years after Nissan started selling the Leaf electric vehicle, Nissan is puzzling over a new question: how to sell the car when it comes back used. Nissan hasn't offered the Leaf through its certified-used program because there weren't enough cars returning. But with the first two- and three-year leases starting to expire, Nissan plans to add the Leaf to its certified-used program this summer.... Read More »| Related topics: | Dealer Issues | Best Practices | Finance & Insurance | Vehicle Sales | U.S. Monthly Sales | Fixed Operations | Dealer Groups and Dealerships |
'14 GM pickups get strong projected resale values
12:01 am U.S. ET | June 17, 2013
The redesigned 2014 Chevrolet Silverado and GMC Sierra now arriving in showrooms sport sharply stronger resale values than the models they replace. ALG, a research company that monitors and projects vehicle values, assigned a forecasted residual value of 55 percent after 36 months for the crew-cab Silverado, and 56 percent for the Sierra.... Read More »Those nonrecalled Jeeps are too old to move wholesale prices
12:01 am U.S. ET | June 17, 2013
The vehicles are just too old. That's why the dispute between Chrysler Group and the National Highway Traffic Safety Administration over whether to recall 1993-2004 Jeep Grand Cherokees and 2002-07 Jeep Libertys is having no impact on the wholesale prices of those vehicles, dealers and used-vehicle price experts say.... Read More »Dealers can offer free SiriusXM trial to service customers
11:05 am U.S. ET | June 13, 2013
SiriusXM Radio is launching a program this summer that allows dealers to offer a complimentary two-month SiriusXM subscription to qualifying service customers.... Read More »Private-sale used-car site adds financing
12:01 am U.S. ET | June 10, 2013
A new auto financing capability on the PRNDL.com Web site offers private-sale used-car buyers the ability to line up financing and apply for a loan online. Easier financing for consumer-to-consumer sales could potentially take some used-car sales away from franchised dealerships.... Read More »Used vehicle prices fall, but pickups still gain
2:15 pm U.S. ET | June 7, 2013
Used-vehicle prices dropped 4.8 percent overall last month compared with May 2012. But prices of used pickups emerged as the only segment to show a slight, year-over-year price increase, the Manheim Used Vehicle Value Index reveals.... Read More »Experts: Used Leaf prices expected to fall
12:01 am U.S. ET | June 3, 2013
Kelley Blue Book projects that the 2013 Nissan Leaf will retain 35 percent of its sticker price after 36 months. That is 5 percentage points below the 36-month projection Kelley set at the end of 2011 for the 2012 Leaf.... Read More »Entrepreneur's venture fills high-end niche
12:01 am U.S. ET | May 27, 2013
Early this decade, Chuck Surack realized that Fort Wayne, Ind., where he had built a sound-technology company called Sweetwater Sound, lacked a place to buy many high-end car brands. So in 2011, he refurbished a former dealership site just west of Fort Wayne's downtown -- and reopened it as SweetCars.... Read More »Exec: Changes in Volvo program will pay off
12:01 am U.S. ET | May 27, 2013
Changes that Volvo Cars of North America made this year to its certified used-vehicle program have yet to pay off. But things are moving in the right direction, says Steve Golow, Volvo pre-owned car-line manager.... Read More »Experian vehicle history reports to appear in AutoTrader.com starting in September
3:46 pm U.S. ET | May 23, 2013
Starting in September, dealers will be allowed to post used vehicles on AutoTrader.com with Experian Automotive's AutoCheck vehicle history reports in addition to reports from Carfax.... Read More »Used Car Data
Used-hybrid prices down from '12
12:01 am U.S. ET | May 20, 2013
A more crowded market of electrified and efficient gasoline-powered vehicles is pushing down prices of used hybrids. Moderating gasoline prices are hurting, too.... Read More »U.S. used-vehicle sales drop 6% in first quarter
4:04 pm U.S. ET | May 14, 2013
Industry-wide used-vehicle sales dropped 6 percent in the first quarter of 2013 compared to the same quarter last year, according to Edmunds.com's new Used Market Quarterly Report.... Read More »Analysts: Used-pickup prices keep truckin'
12:01 am U.S. ET | May 13, 2013
Used-vehicle prices have peaked for 2013 and are expected to stabilize lower than in 2011 and 2012, but higher than before the recession, analysts say. They also say that strong demand for full-sized pickups will buoy prices in that segment.... Read More »Caddy shifts warranty on certified used vehicles
12:01 am U.S. ET | May 13, 2013
Cadillac is again offering a bumper-to-bumper warranty on its certified used vehicles, a move the luxury brand says makes it more competitive with rivals' programs.... Read More »ADESA forecasts rising off-lease volume in second half of year
12:01 am U.S. ET | May 13, 2013
ADESA, the nation's second-largest used-vehicle auction company, expects an uptick in sales of off-lease vehicles, especially in the second half of the year, said the top executive at its parent company.... Read More »Tesla hikes guaranteed residual value on Model S
4:16 pm U.S. ET | May 3, 2013
Tesla increased the guaranteed residual value of its electric Model S sedan to 50 percent after its lease-to-own period of three years. The car's guaranteed residual value had been tied to that of the Mercedes-Benz S class, which, at 43 percent after 36 months, is relatively low compared with the overall luxury segment.... Read More »ADESA parent KAR's Q1 profit rose 12% to $29 million
10:09 am U.S. ET | May 2, 2013
KAR Auction Services, parent company of vehicle-auction company ADESA, said its first-quarter net income rose 12 percent to $29 million on a 10 percent increase in revenue, to $558 million.... Read More »GM Financial shifts emphasis to newer cars
12:01 am U.S. ET | April 29, 2013
General Motors Financial Co. wants to change its image among franchised dealers shopping for used vehicles at auctions. So next month the captive finance company will host a sale of about 200 2010-13 GM vehicles.... Read More »
Special Report
 Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
- ALL POSITIONS
Don Davis Dealerships, Inc. -- Lake Jackson, Texas, United States - Service Manager
Performance Toyota -- Memphis, Tennessee, United States
News by Brand
