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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...

  • EPA won't back off 2025 greenhouse-gas emissions targets
    16 Jan 2017

    Environmental Protection Agency (EPA) Administrator Gina McCarthy confirmed on Friday that the agency will maintain its 2025 greenhouse-gas emissions targets. While some automakers have said that reaching those goals would be cost-prohibitive, McCarthy wrote that "automakers are well positioned to meet the standards through model year 2025 at lower costs than predicted." The timing is fortuitous with a week left in the Obama Administration, as there has been fear among environmentalists that President-elect Donald Trump may roll back some of those emissions-reduction efforts.  &...

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  • This time Trump threatens German automakers
    16 Jan 2017

    It seems like US is not in a good relationship with German automakers since Donald Trump was elected as the new president. He threatened them with a hefty import tax if they plan to sell cars in the United States that were built in other countries, repeating a claim that has shaken the global automotive industry and its biggest players at home and abroad.  The new president said that they can build cars anywhere in the world, but for every car that comes to the USA, they will have to pay 35 percent tax. Trump has issued similar warnings, via Twitter, to Ford, GM and Toyota. But ...

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  • Green car sales in US vs China vs Europe
    15 Jan 2017

    Tighter emissions rules in China and Europe put the global automakers and some consumers in tough situations, with an only choice they'll have to face, we are talking about embracing plug-in vehicles. The electrification of cars is a trend now, the electric car sales expanded by 50% in just 5 years.  In Europe, green cars benefit increasingly from subsidies, tax breaks and other perks, while combustion engines face mounting penalties including driving and parking restrictions. China, struggling with catastrophic pollution levels in major cities, is aggressively pushing plug-in ve...

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  • Is it a good time to buy a car?
    12 Jan 2017

    If you like to shop on cars then this year is the perfect one for you. Low interest rates and lots of high-tech choices in the market this year might open the doors to huge car discounts. It's a good time to buy a car now, and it should be for the rest of the year.  New-vehicle sales hit a record of 17.55 million in the U.S. last year. While they're not expected to top that this year, demand is still strong. Many of the factors that fueled sales last year are still in place, like solid consumer confidence and low gas prices. New technology like Apple CarPlay and automati...

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  • The best year ever for U.S. auto sales: what fueled the market
    11 Jan 2017

    First of all we'd like to state the obvious: Gasoline prices were low. Although OPEC’s September announcement to restrict oil production hiked pump prices during the final quarter, the nationwide average price for regular has yet to top $2.40 per gallon. Back in February 2016, retail prices fell as low as $1.72. Low interest rates continued to keep financing and leasing attractive.  Through the third quarter of 2016, 86 percent of all new-car buyers financed in some capacity, at average rates of 2.6 percent and 3.6 percent for the two top credit tiers, and the national aver...

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