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Spring is the Best Time to Buy a car!

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...

  • Hyundai Sonata is recalled for a big problem
    27 Sep 2015

    The recall covers 470,000 Sonata sedans from the 2011 and 2012 model years equipped with 2-liter or 2.4-liter gasoline engines. At the time, the Sonata was Hyundai's top-selling vehicle in the U.S.Hyundai says that during manufacturing at Hyundai's Alabama engine factory there could not be all metal debris removed from the crankshaft area. This may cause a limitation of oil flow to the connecting rod bearings, and since they are cooled by oil, they could fail. If that happens, the engines could stall and cause a crash.For driver warning, the connecting rod bearing will make a knocking ...

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  • US Car Industry Grows
    14 Sep 2015

    In June, the National Automobile Dealers Association (NADA) rates making cars more expensive to finance, a drop in used car prices and to keep cars longer. A projection by Bank of America Merrill Lynch indicated that auto sales could rise to 20 million new cars by 2018. The less-good news for the automakers is that the analysts expect “a very significant downturn after that.”Americans are buying more cars now, the number of miles driven today is down about 6.7% compared with June 2005. On the basis of just total miles driven, in August U.S. drivers posted a new record of nearl...

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  • Toyota Says More Than 50 Staff Injured in China Port Explosions
    14 Aug 2015

    BEIJING/TOKYO (Reuters) -- Toyota Motor Corp. said on Friday more than 50 of its employees were injured by Wednesday night's explosions in the Chinese port of Tianjin that killed 56 people."We have now heard that over 50 employees who live in the surrounding area, including in company accommodation, have been injured," Toyota said in a written statement.Toyota said it was not aware of any employee deaths.The explosions resulted in broken windows at two dealerships, one operated by FAW Toyota Motor Sales Co., Ltd., and one operated by GAC Toyota Motor Co., Ltd, Toyota said, adding...

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  • Virtual Used-Car Dealers Gain Traction
    06 Aug 2015

    By JERRY HIRSCH - Los Angeles TimesA move from transit-rich New York to car-crazy Los Angeles prompted Manuela White to spend more than $17,000 on a used Toyota Corolla sight unseen with just a click on her laptop.White, 25, purchased her car from Beepi, which along with start-ups that include Carvana, Shift, Vroom and others is creating a new digital business model selling and buying used cars. They provide a virtual showroom and handle the marketing and much of the legal paperwork online, guaranteeing minimum prices to sellers and full refunds to buyers if they regret their purchase within a...

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  • Leasing and the Illusion of Wealth
    23 Jun 2015

    Americans are leasing a record number of new cars and trucks — more than 1 in 4 of the new vehicles rolling off dealer lots.Leasing is popular because it offers lower monthly payments than traditional auto loans. If you can't afford the payments on a loan, Anthony Giorgianni, Associate Finance Editor at Consumer Reports Money Adviser, says it's a good sign you can't afford that car or truck. "Leasing puts you in a cycle to get a new car every few years when the depreciation is greatest," Giorgianni says, "and you just have [monthly payments] indefinitely.&rdquo...

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