Spring is here, and it's the perfect time to discover fresh feelings of adventure.If you are willing to explore your need for speed, then RepoKar is the right place for you! RepoKar is a fun, high-octane online Public Auto Auction where you'r...
As aggressive incentive spending continues to sustain a robust autumn, automakers are projected to report car sales growth for November. Forecasts from J.D. Power/LMC Automotive, Kelley Blue Book and Edmunds call for a seasonally adjusted, annualized selling rate ranging from 17.1 million to 17.8 million, which would represent a drop-off from the rates topping 18 million that were posted in September and October. The projections are split on how sales volume will compare with a year ago, with estimates ranging from a 1 percent decrease to a 3.5 percent increase. Automakers are due t...
The U.S. marketplace gets new opportunities thanks to the wave of off-lease vehicles which is expected to hit the used market in 2018. Analysts who track U.S. retail auto sales and lease penetration rates say that the vast majority of leases that originated in 2015 will end in 2018 and include notably more crossovers, SUVs and high-end models. By most counts, 3.9 million light vehicles are expected to come off leases in 2018, roughly 300,000 more than in 2017. The used-vehicle market already has more late-model, lower-mileage units — and fewer of the 5- to 8-year-old models th...
Black Friday deals might be able to save the situation of car sales this month. According to an industry consultant and car shopping website, the U.S. new vehicle sales will rise 3.5% in November. The company estimated that November U.S. sales would be 1.4 million new cars and trucks, for a seasonally adjusted annualized rate of 17.8 million. The company also forecasts that 2.9 million used vehicles will be sold in November 2017. "It also doesn't hurt that automakers are starting to really sweeten the deals to clear out lingering 2017s and end this year on a high ...
As we know people are waiting for the Black Friday deals a lot, they have already planned how they visit the malls and shop for everything needed there, but one thing they did not plan is visiting also auto dealerships for new car purchases and car auctions like RepoKar Auto Auction for buying used cars for great prices. The four-day Thanksgiving weekend is one of those holidays — along with Memorial Day, Labor Day and the Fourth of July — when auto dealers typically sweeten deals to draw out buyers. This week, it could be even better than ...
U.S. new vehicle sales are going to decline in 2018, but economists say used vehicle volume will grow 2 to 5% next year. The added used volume should help franchised dealers offset lower new vehicle sales, but independent dealers face greater competition for inventory, a panel of economists told the combined Used Car Week conference and National Auto Auction Association convention here. The used vehicle industry can expect a strong general economic climate but will face continued challenges of shrinking margins, lower vehicle prices, disruptive technologies and political and regulat...
