SmartAuction Adds Off-Lease Nissan, Infiniti Units
DETROIT — Ally’s SmartAuction today announced that it has entered into an agreement with Nissan Motor Acceptance Corporation (NMAC) and Infiniti Financial Services (IFS) to list off-lease Nissan and Infiniti vehicles for sale on its online wholesale auction platform. “We’re thrilled to work with NMAC and IFS to make Nissan and Infiniti vehicles available on ... Read More »
DETROIT — Ally’s SmartAuction today announced that it has entered into an agreement with Nissan Motor Acceptance Corporation (NMAC) and Infiniti Financial Services (IFS) to list off-lease Nissan and Infiniti vehicles for sale on its online wholesale auction platform.
“We’re thrilled to work with NMAC and IFS to make Nissan and Infiniti vehicles available on SmartAuction nationally,” said Steve Kapusta, vice president, specialized asset management for Ally. “After a successful pilot last year, we’re excited to be a part of their remarketing strategy.”
Under the agreement, NMAC and IFS vehicles are available on SmartAuction starting today. SmartAuction provides dealers’ access to NMAC and IFS off-lease vehicles before they are shipped to a physical auction. The models are listed on SmartAuction immediately after they have been made available to Nissan and Infiniti dealers.
All dealers who are registered on SmartAuction can bid on the NMAC and IFS vehicles. All purchases are backed by SmartAuction’s comprehensive arbitration policy. With over 30,000 vehicles available daily, SmartAuction is an industry-leading online auction that offers access to a virtual inventory of wholesale vehicles for eligible dealers of all brands, all according to the provider.
More Industry
Luxe N.C. Dealerships Change Hands
A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
Read More →
Exposure Drives Interest in Chinese Cars
At a recent demonstration, consumers had the chance to ride in a Chinese-branded vehicle, a firsthand experience that improved their perceptions and purchase intent.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Agent Advocate
Rob Mancuso, who comes from a long line of auto dealers, values general agents’ place in the industry and makes a case for them taking an even bigger seat at the table.
Read More →
Driving Under Distraction
Though consumers gave higher marks to new vehicles in JD Power’s most recent initial-quality poll, high-tech interference worsened, pointing to craving for simplicity.
Read More →
Affordable New Cars a Thing of the Past
More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.
Read More →
State Follows Federal Warning on Auto Ads
The Massachusetts attorney general cautioned the state’s automotive dealers to be upfront with the consuming public about their vehicle prices or risk punishment.
Read More →
Consumer Outlook on the Rise
Younger generations are feeling more positive about their financial futures and current affordability pressures than older generations, according to recent TransUnion data.
Read More →
Pennsylvania Dealership Under New Retailers
The sale of the Chrysler Dodge Jeep Ram store puts a family auto group on a leaner path as first-time dealers take the helm.
Read More →
Battery Storage Takes Priority Over EVs
U.S. automakers are prioritizing battery energy stationary storage over electric-vehicle production as the consumer demand for EVs lags the rest of the world.
Read More →