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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...

  • The wave of off-lease vehicles will be here in 2018
    27 Nov 2017

    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...

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  • GM thinks its gonna sell 1 million EVs annually by 2026
    15 Nov 2017

    With the launch of GM’s next-generation EV platform in 2021 the company is pretty convinced its electrified vehicle business will get more profitable. Automakers have been losing money for years on all-electric vehicles such as the Chevrolet Bolt in exchange for meeting tighter environmental regulations while positioning themselves for an expected increase in demand for alternative powertrains.  General Motors plans to sell 1 million EVs annually by 2026, driven by ongoing cost reductions and the debut of at least 20 new all-electric and hydrogen fuel cell vehicles globally by ...

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  • Nissan recalls all its 2017-18 Infiniti QX30 crossovers
    06 Nov 2017

    There are some serious issues on the 2017-18 Infiniti QX30 crossovers. Because of poor grounding of steering components could cause the driver-side airbag to deploy, potentially injuring the driver and resulting in a crash. This is why Nissan North America decided to recall all of them.  The company notified the National Highway Traffic Safety Administration last week after receiving information about the potential problem in September from supplier Daimler AG. Nissan said 17,507 vehicles are affected. Vehicle owners will begin to receive notifications about the problem and how to ge...

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  • Who's battling for the titles of America’s best selling cars and CUVs?
    05 Nov 2017

    Heading into the final 2 months of the year, we’ve got some records on the line for the U.S. automotive industry. Japanese automakers are battling for the titles of America’s best selling cars and crossovers, and the overall industry could record a third straight 17 million-unit year for the first time ever. The overall industry this year has shown some restraint on incentives, but spending has steadily increased amid leveling average transaction prices. Expect incentive spending for the year to be up 11 percent through October to an average of $3,624 per vehicle, includi...

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  • VW/AUDI sales seen up in October
    02 Nov 2017

    Volkswagen sales were up 12 percent to 27,732 on growing sales of its new crossover lineup. Audi extended its industry-best sales streak to eight consecutive years, rising 9.6 percent to 19,425 with strength from its Q5 and Q7 crossovers.  Brands: VW up 12%; Audi up 9.6%.Notable nameplates: Audi Q5 up 44%; Audi A5 up 252%; Audi Q7 up 23%; VW Passat down 37%; VW Atlas (new) 3,664 sales; 2018 VW Tiguan (new) 3,848 sales.Incentives (including Porsche): $3,597 per vehicle, down 6.7% from a year earlier.Average transaction price (including Porsche): $36,265, up 2.5% from a year earlier.&n...

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