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...
Just imagine what you’d feel like if you buy a car you simply adore, and then all of a sudden you realize this car belongs to someone else? Pretty weird huh? Well, that’s eaxctly what happened to Kristin Ellenson who loves everything about her 2012 Cadillac SRX, from the satiny silver paint job and sporty styling to the leather upholstery and wood-trimmed interior. She and her husband, Jim, bought the luxury sport-utility vehicle used from a car dealership in November 2015, but within a week of bringing it home they realized they had a big problem: The Corvallis car deal...
It seems like after all these years or car sales growth, tough days are coming for automakers. The previous success starts working against them, it means car costumers have bought so many new cars in the last years that they have a very low interest in them right now. A glut of used vehicles has started to depress prices. That trend will intensify as Americans will return 3.36 million leased cars and trucks this year, another jump after a 33 percent surge in 2016. The fallout has already begun, with Ford Motor Co. shaving $300 million from its financial-services arm’s profit f...
Leasing has surged as a share of new-vehicle transactions to impressive indexes in the fourth quarter of 2015, this being caused mainly by captive finance companies seeking to boost sales by keeping customers' monthly payments low. Leasing has been fairly rare in the used-vehicle market, but its share is growing. In such a way more and more lenders are offering leases on used and certified preowned vehicles.This strategy is meant to cope with an industrywide flood of 3.1 million off-lease vehicles returning to the market this year. The number of off-lease vehi...
