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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...

  • Additional 1.6 million Toyota cars will be recalled
    23 May 2016

    Recent news about U.S. car recalls because of technical problems with Takata airbags have to be completed with new details from Toyota Motor Corp. that is recalling almost 1.6 million additional vehicles for front passenger side Takata airbag inflators that could rupture.Faulty Takata inflators have been linked to more than 100 injuries and 13 deaths worldwide. Toyota said the new recall includes some but not all Corolla, Matrix, Yaris, 4Runner, Sienna, Scion xB, Lexus ES, GX and IS vehicles built between 2006 and 2011. This report will be folowed by data from other 17 auto...

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  • People stay skeptical to self-driving capabilities of a vehicle!
    23 May 2016

    A study published today revealed that more than four out of five people would prefer not to ride in fully autonomous vehicles. Almost 50% of the respondents would like to drive in a simple vehicle with no self-driving capabilities, maybe just with partially self-driving or completely self-driving technology, it is what the results of the study from University of Michigan show. Only 6% of the participants at this study would like to drive such a car, while 39% of them prefer partially self-driving cars.   If we'd have to make some comparisons between the young drivers and the...

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  • U. S. auto sales fall this May!
    19 May 2016

    The days of auto sales increasing are reaching their end this month, at least that's what J.D. Power and LMC Automotive think.This May wasn't this friendly to new car sales, that is why they will fall down to 5.7% from the same month last year. The reason of such a decrease is partly because this year has two fewer selling days. That's how the seasonally adjusted annualized rate will slip to 17.4 million vehicles from 17.71 million in May a year earlier.  This April, had the same adjusted annualized results as this May may have. Because of these runnin...

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  • Prices for new cars will drop 4,2%!
    17 May 2016

     New cars sold in U.S. in May and June will retain about 47,8% of their sticker prices, which is down from the current 52% value for three-year-old vehicles. Customers will have a strong credit availability, five years of high residual value retention rates are predicted thanks to increased demand for new vehicles, and of course the low prices for gas.  It's been revealed that for six straight years, U.S. light-vehicles sales have been growing, the record of 17,5 million vehicles sold a year ago is included too. Another 3,3% of sales grew were registered for first four month...

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  • When self-driving cars will account for a quarter of global auto sales?
    05 May 2016

    The driverless revolution is racing forward, as inventors overcome technical challenges such as navigating at night and regulators craft new rules. Yet the rush to robot cars faces a big roadblock: People aren’t ready to give up the wheel. Still billions are being invested in driverless cars.Experts say that technologically, we will be ready for automated driving within this decade, but it will take well into the next decade to convince consumers. Google predicts people will be tooling around in robot models by 2020. Boston Consulting Group says the market for autonom...

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