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Spend this Spring season with a new car from RepoKar

It's getting warmer and people are now planning their trips for spring. Spring is not only the good time for weekend family getaways, it's also the ideal time to visit many of the country's most popular vacation spots. RepoKar Auto Auctio...

  • Car Dealerships Facing a Dilemma: Get Big or Get Out
    23 Apr 2018

    Car buyers who have been purchasing their cars from the same dealership for generations could see a different kind of for-sale sign the next time they visit. Small to mid-size dealer groups are selling their businesses to car-retail giants or investment firms.  Dealers say that they need to get triple revenue in the next 5 years to offset shrinking margins and increasing competition from companies that did not exist a decade ago. The internet has made the field very tough, by making car prices more transparent for customers and giving them the opportunity to shop around. It has also ...

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  • Houston Car Sales Climbed, Prices Fell in March
    19 Apr 2018

    In the first quarter of 2018 new car sales grew by 12.6 percent over the last year as high consumer confidence and low unemployment favored Houston dealerships. Local car dealers sold 22.278 new cars in March, which is more by 6.4 percent over the last year.  However, the average price for a new vehicle fell for the second month in a row to $37,217, which is less by $554 or 1.5 percent. Prices fell in all car categories, cars, trucks, and SUVs. Average prices fell because the market share for trucks and SUVs has fallen. Since SUVs and trucks cost more than sedans, a loss in market sh...

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  • New Car Sales Drop 15.7 Percent in March
    11 Apr 2018

    New car registration figures for March reveal a sharp drop in sales. The number of sales is 15.7 percent lower compared to the same month last year.  A big part of that fall is due to bumper sales in March 2017, as drivers flooded the dealers to beat the then-new road tax system. The old tax model based on carbon dioxide was favorable to diesel cars. That’s because diesel-powered cars emit lesser CO2 than their petrol counterparts. That explains in a way diesel’s decline, with a 37.2 percent fall in sales last month, compared to a fall of 23,5 percent in February.&nb...

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  • Ford Recalls 350,000 Trucks and SUVs for Transmission Issue
    10 Apr 2018

     Ford is making two safety recalls to fix some mechanical issues that affect the control of the transmission on several 2017 and 2018 models. The manufacturer is aware of one reported injury-causing accident related to the first and largest recall.  This safety recall will affect almost 350,00 pickups and SUVs made in 2018. They want to fix a potentially unseated gear shift cable locking clip which can set the transmission in a different gear state than the one that the driver selects. That means the vehicle could move even when in parking mode, with no warning message on the da...

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  • Hyundai recalls nearly 44,000 U.S. for faulty steering columns
    09 Mar 2018

    Hyundai recalls 43,941 2018 Hyundai Santa Fe and Santa Fe sports crossovers. Other 8,456 vehicles in Canada were also recalled for the possible defect. There were no injuries or accidents associated with the defect or incidents where the defect was discovered while a vehicle was in motion.  The recall includes vehicles that were manufactured between July and October 2017 at Hyundai's Alabama-based manufacturing plant. The automaker reports in National Highway Traffic Safety Administration documents that these SUVs could have been manufactured with "defective steering wheel&q...

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