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...
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 ...
With the season of giving in full effect, many shoppers prefer to give away gift cards as presents to their friends and family. According to a WalletHub survey, 41% of people say they prefer to receive gift cards this year from brands they love.This holiday season, RepoKar Auto Auction is giving away a $100.00 Amazon Gift Card! All you have to do is upload a profile picture of you and your favorite car on Facebook and use the hashtag #GiftCardFromRepoKar. Make sure your photo is visible to the public and share it on RepoKar’s event page comment section: Win a $100.00 Amazon gift ca...
U.S. retail sales unexpectedly rose in October as an increase in purchases of motor vehicles and a range of other goods offset a decline in demand for building materials, suggesting consumer spending remained fairly strong early in the fourth quarter. Retail sales increased 0.2 percent last month. Data for September was revised to show sales jumping 1.9 percent rather than the previously reported 1.6 percent advance. Retail sales increased 4.6 percent on an annual basis. Economists forecast that retail sales would be unchanged in November. The slowdown from September's robust pa...
Starting with the idea that customers already know from the internet what they desire and what they can get for a specific price, Hyundai is pushing its dealers to modernize the new-car shopping experience. The Korean automaker on Tuesday announced that dealers will post “fair market pricing” on their websites that includes company discounts offered to consumers. Dealers, which are independent businesses, will be encouraged to add incentives they’re offering to buyers. They’ll also deliver vehicles to customers for test drives and allow people to do paperwork...
The U.S. automakers have been facing 2 crucial problems after the two storms that battered parts of Texas and Florida: bulging new-vehicle inventories and an oversupply of off-lease vehicles. This Tuesday, they will reveal their car sales for September, but we are already convinced that their shares will be higher than ever, thanks to the demand for vehicles to replace those damaged and destroyed by Houston’s floods. Analysts expect September to show the first monthly increase in vehicle sales this year -- though their previous forecasts of sales gains for the industry in Marc...
