CINCINNATI, OHIO (November 30, 2021) – Swapalease.com, the nation’s largest car lease marketplace, announced today its third-quarter Auto Lease Trends Report (click here to download), showing vehicle lease trends during the third quarter on brand-specific search traffic, lease mileage report, lease listing incentive data and the appetite for domestic versus foreign…

Virtual, safe and efficient vehicle appraisal and selling now available to Georgia consumers through 12 new virtual, and four bricks and mortar, locations; extends AutoBuy’s capacity to deliver fresh vehicle inventory to auto dealers

West Palm Beach, FL – November 30, 2021 - AutoBuy, the auto remarketing disrupter that makes it easy and safe for consumers to sell their vehicles virtually,…

Learning to drive is an important decision that requires you to consider several matters. You need to register with competent driving institutes to become an expert driver. Your driving skills depend primarily on the quality of lessons that you receive. A reputed institute keeps its learners at the center of the curriculum. As a learner, you are provided with the best resources to make the most of your driving abilities.

Many learners find it confusing to select an appropriate…

Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of dealerships expect an increase in their valuation, 79% expect profits to rise and 77% expect to acquire more dealerships over next 12 months

Incline Village, Nevada, November 29, 2021 – Auto dealers’ optimism about the valuation of their dealerships has doubled year-over-year, according to the…

A new eLEND Solutions report reveals that auto dealers are offering digital retailing a warm, but partial, embrace: nearly half have advanced their DR ‘end point’ since COVID lockdowns, but 64% end digital path-to-purchase before F&I

Irvine, Calif., – November 16, 2021 – A new report from automotive…

More Than Half of Americans Plan to Travel This Thanksgiving Holiday, Up 46% From 2020; 

62% of Drivers Cite the Ongoing Pandemic as the Primary Reason for Driving

CHICAGO, Nov. 15, 2021 —  The era of remote work will allow many Americans to spend more time with family this Thanksgiving…

Most dealerships already find it difficult to recruit technicians. With the influx of warranty and safety recall repairs expected to increase, and as manufacturers pump out more electric vehicles, the need for experienced techs will explode. Some dealerships have found creative ways to recruit technicians – mostly for quick service – because they can be…

“How to Destroy your personal brand overnight”

What is a Personal Brand?

Your personal brand is how you promote yourself. It is the unique combination of skills,…

Today I wanted to share with you some thoughts about how to exceed in the trade-in process.

As the automotive industry is in turmoil, now more than ever, it's crucial to be on top of your game.

Some stats about the current situation: …

Priority 1 sale marks the 21^st group sale Kerrigan Advisors has represented since 2015

Incline Village, NV – November 11, 2021 – Kerrigan Advisors represented Baltimore, Maryland-based Priority 1 Automotive Group in its sale to AutoNation on November 8, 2021. The acquisition is one of the largest completed by AutoNation since 2018, and the largest on record in the Mid-Atlantic region. Kerrigan Advisors, which focuses exclusively…

Leader in indirect vehicle leasing for credit unions marks 100,000 active leases, worth nearly $3.8 billion, as credit union members increasingly opt for leasing’s flexibility and affordability 

San Diego, CA – November 10, 2021 – Credit Union Leasing of America (CULA), the leader in indirect leasing for credit unions, announced today that its portfolio has exceeded 100,000 active leases through its credit union…

Transaction Highlights:

• Advances CARS’ growth strategy and expands TAM into the multi-billion dollar Auto Finance segment, which is rapidly growing as online car buying transactions accelerate 
• Builds additional revenue streams and strengthens attribution for CARS while expanding end-to-end transaction platform capabilities…

A recent news story, published by Reuters, shares how Mexico is moving to allow unregistered used cars brought into Mexico illegally to be registered for a whopping $124. According to the article, Baja, California has as…

The majority of consumers prefer video content which is why social media and streaming services thrive (and prefer) this form of media.

I remember when it was revolutionary for an inventory syndication company to take still photos and convert them into stitched photos videos.

Then we evolved to video walkarounds where an actual video of the…

AutoBuy’s innovative remarketing model and efficient, virtual appraisal process for consumers results in steady stream of fresh inventory for auto dealers, driving record growth: 180% sales growth, $2 billion in inventory appraised to date, and expansion into four more states

West Palm Beach, FL – November 1, 2021 - AutoBuy is delivering fresh, high-quality…

Lease Credit Approvals Reached 67.6% in September; Down from 71.3% in August  

Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 67.6% approval rate in September. The approval rate is a slight decrease from the 71.3% rate in August.     

    

The September number is similar to the approval rate at…

HUNT VALLEY, MD, October 21, 2021 – Armatus Dealer Uplift, the industry leader in retail warranty reimbursement submissions, today announced that the Louisiana Automobile Dealers Association (LADA) has named Armatus as the exclusive endorsed expert for Retail Warranty Reimbursement services for the LADA membership.

"Louisiana House Bill 502 and the numerous part and labor submission benefits the law provides became effective 8/1/2021, and it was imperative that our board endorse a…

WILKES-BARRE. PA. — October 25, 2021 –GWC Warranty, the automotive industry’s best-in-class provider of F&I solutions for used vehicles, has teamed with DealerCenter, the leading provider of dealership management systems (DMS) in the pre-owned industry, to offer a free trial of DealerCenter’s all-in-one, cloud-based DMS to independent dealerships. Beginning October 1, 2021, GWC Warranty customers who are not currently…

Many dealers feel they need both a sales and a service BDC based on advice from numerous industry trainers. The thought process is that the sales BDC’s job is to set appointments for sales customers and the service BDC sets appointments for service customers. But what if you combined the two to create a single service BDC? Service is the largest percentage of…

Interview with one of the best in the industry I had the opportunity to talk to Tim Kintz, Leader and Trainer of The Kintz Group.

Success. Relevance. Survival. The pandemic has changed everything about management in today’s business world. For the automotive industry and similar businesses that rely on…