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 car market is supported by the stronger global economic growth, and the car sales are showing steady growth. Gains are expected to continue, of course the top will be reached more slower compared to the last few years, but the most important thing at this step is that another annual record is coming. Increased replacement demand in the U.S. will be complemented by a renewed sales upturn in most emerging markets; however, China is the exception, with an expected slowdown. In the United States, we see increased replacement demand, growing consumer confidence and attractive financi...
U.S. regulators said that they did not found any defects in Tesla electric cars after investigating the death of a man whose Model S collided a truck while he was using its Autopilot system, which was the first serious accident involving semi-autonomous software. The U.S. National Highway Traffic Safety Administration said in a report it will not seek a vehicle recall after conducting a six-month investigation. The crash drew enormous attention and raised questions about the safety of systems that can perform driving tasks for long stretches with little or no human intervention.&nbs...
If you like to shop on cars then this year is the perfect one for you. Low interest rates and lots of high-tech choices in the market this year might open the doors to huge car discounts. It's a good time to buy a car now, and it should be for the rest of the year. New-vehicle sales hit a record of 17.55 million in the U.S. last year. While they're not expected to top that this year, demand is still strong. Many of the factors that fueled sales last year are still in place, like solid consumer confidence and low gas prices. New technology like Apple CarPlay and automati...
First of all we'd like to state the obvious: Gasoline prices were low. Although OPEC’s September announcement to restrict oil production hiked pump prices during the final quarter, the nationwide average price for regular has yet to top $2.40 per gallon. Back in February 2016, retail prices fell as low as $1.72. Low interest rates continued to keep financing and leasing attractive. Through the third quarter of 2016, 86 percent of all new-car buyers financed in some capacity, at average rates of 2.6 percent and 3.6 percent for the two top credit tiers, and the national aver...
Used-vehicle sales are set to rise again in 2017 after jumping 4 percent last year, the fastest pace since the Great Recession. Despite the projected sales increase, demand is unlikely to keep up with rising wholesale vehicle supplies as more off-lease vehicles return to the market. The growth is going to occur, but it is not going to occur as fast as the increase in wholesale supply. As a result, there will be downward pressure on used-vehicle prices. Despite a glut of off-lease vehicles beginning to enter the used market over the past year, pricing has remained relatively stable s...
