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...
European car sales rose 12 percent in August. As rising economic confidence encouraged purchases of new sport utility vehicles from French manufacturers Renault and Citroen and luxury producers BMW and Mercedes-Benz.European Automobile Manufacturers’ Association, or ACEA, said: "Eight-month sales increased 8.6 percent to 9.38 million autos. That included growth of 9.5 percent in July."BMW - the world’s biggest maker of luxury cars, is attracting customers with the coupe-like X4 and X6 SUVs, and is presenting the latest version of the X1 at the Frankfurt Internationa...
With a much lower gain than that of previous recent years, the Classic Auto Auction world seems to have hit a wall, and it will not be able to climb it for a while.For example, the prestigious Auctions held on the Monterey Peninsula last week were down a total of $20 million from their high of 2014.From all angles, we get the same advice: The market is stabilizing and the value of unsold inventory has doubled that of 2013. Perhaps, now we can deduct, in hindsight, that 2013 was the peak for this specific market. In fact, Blue Chip items such as automobiles from the 50’s to the 70&r...
There are so many places where the automotive sales have rebounded since the depths of the recession and the buyers are less in car purchasing. It becomes a problem and inflation of several business. For dealerships located in these markets, success often comes down to the ability to diversify. Diversification isn’t a new concept in business, but it’s one that many dealerships haven’t thought much about. After all, you’re in the business of selling cars — and you’ve already got plenty on your plate. But in the right circumstances, diversifying into other bus...
