Crystal Hartwell's Blog – November 2021 Archive (6)

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

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

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

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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