November 2021 Blog Posts (15)

SWAPALEASE.COM Q3 LEASE TRENDS REPORT SHOWS INCREASE IN LEASE PAYMENTS AND PEOPLE LOOKING TO ESCAPE LEASES EARLIER

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…

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Added by John Sternal on November 30, 2021 at 1:20pm — No Comments

AutoBuy Expands National Footprint to Georgia

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,…

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Added by Crystal Hartwell on November 30, 2021 at 10:08am — No Comments

What Are Some Qualities of Top-Class Driving Institutes?

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…

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Added by Aadam Alford on November 30, 2021 at 9:27am — No Comments

Auto Dealers Expect Valuations and Profits to Increase in 2022

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…

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Added by Crystal Hartwell on November 29, 2021 at 8:36am — No Comments

84% of Auto Dealers Continue Digital Retailing Capabilities Post-Pandemic, but Fall Short of End-to-End Process

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…

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Added by Crystal Hartwell on November 16, 2021 at 10:01am — No Comments

Cars.com Finds 84% of Travelers Will Drive This Thanksgiving Holiday, Steered by Flight Disruptions, Flexible Work Schedules and Lingering COVID-19 Concerns

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…

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Added by Allison Phelps on November 15, 2021 at 1:26pm — No Comments

The Competition for Technicians is Heating Up

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…

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Added by Sean Reyes on November 15, 2021 at 9:15am — No Comments

How to Destroy your personal brand overnight

“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,…

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Added by Phil Spagnoli on November 14, 2021 at 9:46pm — No Comments

How to Exceed Expectations in Trade-In

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: …

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Added by Marek Truumaa on November 12, 2021 at 6:54am — No Comments

Kerrigan Advisors Represented Priority 1 Automotive Group in its Sale to AutoNation – Largest Transaction on Record in Baltimore-Washington Market

Priority 1 sale marks the 21st 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…

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Added by Crystal Hartwell on November 11, 2021 at 9:26am — No Comments

Vehicle Leasing Surges at Credit Unions as CULA Marks Leasing Milestone

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…

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Added by Crystal Hartwell on November 10, 2021 at 9:37am — No Comments

CARS Acquires CreditIQ Automotive Fintech Platform, Enabling Instant Financing For Consumers, Dealers and Lenders

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…
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Added by Allison Phelps on November 4, 2021 at 4:12pm — No Comments

Hasta La Vista, Used Cars!

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…

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Added by Sean Reyes on November 4, 2021 at 10:49am — No Comments

The Future of Video Marketing

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…

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Added by Timmy D. James on November 2, 2021 at 10:04am — No Comments

AutoBuy, the Automotive Remarketing Disruptor, Marks Triple Digit Growth

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…

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Added by Crystal Hartwell on November 1, 2021 at 10:14am — No Comments

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