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The number of consumers willing to pay a premium for the benefits of a certified pre-owned vehicle is growing, Edmunds reported this week. Between July and September, certified pre-owned vehicles accounted for 22% of used-car purchases at franchise dealerships -- the largest share of any third quarter.
Read More →Crediting the industry's record sales pace, Edmunds announced last week it expects to add 100 new employees
Read More →Edmunds.com has appointed four new executives to its leadership team in the marketing and dealer business segments.
Read More →Shoppers were increasingly drawn to “near-new” used vehicles with higher price tags in the second quarter, with the average price of a used car increasing 8% from last year, according to Edmunds.
Read More →Edmunds’ new Edmunds Express tool allows salespeople to access the site's True Market Value reports from their desktop, allowing them to easily confirm with skeptical shoppers that a dealer’s offer is a fair deal.
Read More →Millennial car buyers are leasing vehicles at a higher rate than the overall car-buying population, according to analysis from Edmunds.com.
Read More →Edmunds.com has opened registration for its Used+ used-car sales program, which offers shoppers a vehicle-protection plan and a $200 gas card. Asked if the program might lead Edmunds into F&I product sales, a spokesperson said '... It is an option we would be open to exploring.'
Read More →Edmunds.com updated its mobile app with a new feature that allows shoppers to send text messages to dealers.
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The explosion in smartphone usage among car shoppers put phone leads ahead of Internet leads at the close of 2014, a trend reflected in the deluge of mobile-ready offerings lining the aisles at NADA 2015.
Read More →Sales of certified pre-owned vehicles hit an all-time high of 2.3 million units sold in 2014, according to the latest Used Vehicle Market Report from Edmunds.com.
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