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Spring is the Best Time to Buy a car!

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...

  • FCA delays Grand Wagoneer and redesigned heavy-duty pickup trucks
    12 Dec 2016

    Fiat Chrysler dealers will have to wait a bit longer for two highly anticipated big-ticket vehicles: a fully redesigned Ram heavy-duty pickup and a luxury SUV for Jeep, the Grand Wagoneer. It became clear that FCA's Ram brand will not redesign its current heavy-duty pickups onto its new DT pickup platform in 2018 but instead will keep the same body-in-white and refresh the existing DS-based model.  Meanwhile, the automaker has placed a hold on its development of the Jeep Grand Wagoneer luxury SUV. The vehicle has been on Jeep's product plan since 2014 and was to boast three r...

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  • Automakers managed to make the largest YOY sales gain since February
    04 Dec 2016

    After three consecutive declines, automakers managed in November to make the largest year-over-year sales gain since February, posting a 3.6 percent gain. However, it took a big jump in incentives to make that happen. Those heavy incentives – now amounting to more than 12 percent of the industry's average transaction price – might be enough for 2016 to topple last year's record by a razor-thin margin. Going into December, U.S. sales were just 6,418 vehicles ahead of last year's pace, an increase of 0.04 percent.  November and December have become big months fo...

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  • Which car brands generate the highest profit margins?
    27 Nov 2016

    Although stores selling the Lexus, Audi, Infiniti and Acura luxury brands are seeing double-digit profit declines this year, profits at Toyota and Honda dealerships are growing. Nissan and Acura dealers experienced the biggest declines. Alan Haig, president of buy-sell advisory firm Haig Partners in Fort Lauderdale, Fla, said that this is the first time such data has been published. He claims that this visibility into earnings will give owners, buyers and sellers insight into what they should be doing. He also added that this can also spark conversation between dealers and automakers on w...

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  • Black Friday isn't the best day of the year to buy a car!
    24 Nov 2016

     For those who are looking for a good car deal this Black Friday, you need to know that there are also other days which will make you pay the same money on the car you want, so you can skip the crowds and stay in bed. The unofficial consumer holiday is often touted as the best day to get some major discounts, but new data shows Black Friday is only the fifth-best day to get a heavily discounted car.  December 31 is the best day to get a new car. You can expect 8.8 percent off of the normal sales price. Dealers slash car prices to get units off the floor and out the door, boostin...

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  • Kia recalls 71,000 Sportages
    22 Nov 2016

    More than 71,700 models of Kia Sportage crossovers from U.S. were recalled by Kia Motors America. The affected crossovers are from the 2008 and 2009 model years and were assembled between Aug. 9, 2007, and May 13, 2009. The cover on the Sportage’s braking control unit might not be sealed properly, Kia said in documents filed with the National Highway Traffic Safety Administration. Should the water be mixed with road salt, as could be the case with melted snow, a wire harness connector could corrode, potentially leading to a short circuit and fire, Kia said.  The automaker &ldqu...

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