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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...

  • 1 in 7 Americans say they might buy an electric vehicle next
    26 Apr 2017

    About one in seven driving Americans may likely purchase an electric vehicle as their next car, according to an AAA poll, meaning that as many as 30 million Americans may pony up for an electric car within the next three to five years. While some of the motivation is environmental, survey recipients say that lower maintenance expenses and solo access to high-occupancy-vehicle lanes are also among the factors behind potentially going electric.   The poll indicates that about as many people are planning to buy an electric vehicle for their next car as are looking to buy a pickup, which...

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  • Online car websites uptaking the crown from car dealerships?
    13 Apr 2017

    Emily Hurwitz is an advertising supervisor from San Francisco and she doesn’t like buying cars from traditional dealers, and she prefers buying cars from online platforms which unite car sellers and car buyers.  Recently she has bought a 2012 Volkswagen Tiguan through such a platform and is really happy with the purchase. What does she say about car dealerships? Well, she’s not very impressed with them in a few words, because she somehow is convinced they will swindle her. “You’re talking to a guy who’s sizing you up. It’s a very overwhelming situa...

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  • New surveys proove that the future of automobile sales is online
    07 Apr 2017

    If you ever bought something online than you might already know how interesting and easy that is, and probably never got back to the old way of car buying after that. But if you didn’t than you still don’t know how many doors the online car sales might open.  Indeed, finding anyone of a working age who has never bought anything directly from an online store would probably be more difficult. And does anyone buy books in an actual bookstore anymore? Online shopping has become so pervasive that all the popular online selling platforms have gotten a lot of competitors, w...

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  • Plateau in US auto sales heightens risk for lenders
    30 Mar 2017

    As U.S. auto sales have peaked, competition to finance car loans is set to intensify and drive increased credit risk for auto lenders. Analysts say that that the combination of plateauing auto sales, growing negative equity from consumers and lenders' willingness to offer flexible loan terms is a significant credit risk for lenders. Motor vehicle sales have boomed in the years since the Great Recession. U.S. sales of new cars and trucks hit a record annual high of 17.55 million units in 2016.  It is expected that U.S. new vehicle sales will decline slightly to 17.4 million units ...

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  • Ford launches a new brand to sell auto parts to fix competitors' cars
    23 Jan 2017

    Ford Motor Co. is expanding its customer service division with a new Omnicraft brand of aftermarket parts to cover non-Ford and non-Lincoln vehicles. It has been claimed that the addition will allow dealers to service between 85 and 90 percent of competitive makes, generating more business. It’s the first time the automaker’s service division has added a new brand in 50 years.  Now, owners of non-Ford vehicles have access to quality parts at a competitive price, backed by Ford and installed by Ford’s world-class certified technicians. Ford will immediately roll out ...

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