Automotive Social Media Marketing

Social Networking and Reputation Management Strategy for Car Dealers

John Sternal
  • Boca Raton, FL
  • United States
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John Sternal posted a blog post

Car Lease Credit Approval Trends From March

Swapalease.com, the nation’s largest car lease marketplace, reports lease credit approvals during the month of March were at 69.6%, up from last month’s yearly low of 66.7%. The 69.6% approvals mark is also the level of the last three months, indicating a credit approvals landscape that continues to hover near the “healthy” mark of 70%.The credit approvals rate over the last twelve months stands at 71.7%. Prior to March, the approvals rate had continuously dropped from early fall of 2013 when…See More
yesterday
John Sternal posted a blog post

Used Car Prices Remain High Longer This Spring

Hello and welcome to this week’s edition of Beggs on the Used Car Market, with used car pricing data from Ricky Beggs and Black Book. Just when most all parts of the country thought winter was gone and pollen from the budding trees was the dominate particles in the air, we hopefully had the final blast of winter weather that swept across the Midwest and actually left Detroit enough of the white fluffy flakes to set an all-time record level of snow for the winter season.As the Black Book Editors…See More
Monday
John Sternal posted a blog post

Pring Prices See Segments Peak

Hello and welcome to this week’s edition of Beggs on the Used Car Market with used car valuation data trends from Black Book and Ricky Beggs. We trust the market has been good to each and every one of you as a buyer, a seller or a player in the lending side of the business. As I stood on the lanes this week I truly appreciate the comments that were made about the market strength, how some vehicles are identified and listed within the guides, and even the effects that actual VIN decoding plays…See More
Apr 14
Pat McKemy commented on John Sternal's blog post Are Cars Now Like Cell Phones?
"I agree with you. More and more people these days buying cars at regular intervals of time. And most of the times the new purchase is an old car because it is not easy to buy a new car every now and then. There are a number of points that one needs…"
Apr 10
John Sternal posted a blog post

Longer Winter Pushes Price Season Farther Out

According to Black Book® data, used vehicles model years 2008-2012 overall depreciated -0.3% in March, showing continued strength in seasonal retention compared to the -1.1% rate in February. Domestic cars gained in value by +0.7%; import cars depreciated -0.6%; domestic trucks gained in value by +0.6%; and import trucks depreciated -0.8%. Average pre-recession depreciation is historically between -1% and -2% monthly, and Black Book expects overall 2014 depreciation of -13.5%.March is typically…See More
Apr 10
Stephanie Young and John Sternal are now friends
Apr 9
John Sternal posted blog posts
Apr 8
John Sternal posted a blog post

Updates From The Current Sellers Market

With reports of the “sellers are happy” and “it’s a sellers’ market”, the results of the weekly market changes were bound to show continued strength. The only question remaining was just how strong it would actually be after a full week of auction activity. Welcome back to this week’s Used Car Market Report with insights from Ricky Beggs from Black Book.As I reviewed the various comments…See More
Mar 31
John Sternal posted a blog post

Lease Payments Rise Through February

Swapalease.com, the nation’s largest car lease marketplace, reports that the average monthly payment for a car lease on the road in February is $591.70, up from last month’s average of $572.42 and compared with an average payment of $569.23 a year ago. Compared with year-ago payments on today’s most popular vehicles, the Chevrolet Volt has had the largest monthly payment decline dropping from $424.50 a year ago to $297.56 today. The aggressive lease deals and incentives on Volt leases 12-16…See More
Mar 27
John Sternal posted a blog post

Prices Rise For Spring Season

Hello and welcome to this week’s edition of Beggs on the Used Car Market from Black Book. And by springtime, not just because the calendar says we have reached that point in the year, but after talking with a couple of industry folks in Detroit, the DC area and even from two mid-west states, there was a freshness in their voices due to no snow in the air or on the ground, with some sunny…See More
Mar 24
John Sternal posted a blog post

February Lease Credit Approval Data Is Up 11% From Year-Ago levels

Swapalease.com, the nation’s largest car lease marketplace, reports lease credit approvals during the month of February were at 66.6%, down from the 70.5% level in January and 73.3% level in December of 2013. February’s rate was the lowest since September of 2013, when the marketplace saw just 62.9% approvals from credit applicants.So far in 2014 the credit approvals rate stands at 68.3%, close to the level …See More
Mar 18
John Sternal posted a blog post

Spring Used Sales Remain Hot

Hello and welcome to this week's edition of Beggs on the Used Car Market, with used car highlights from Black Book. The experienced editors at Black Book have been busy making all the necessary changes to the values. Since the first of February we have averaged 1820 adjustments per day with the lowest daily average during any one week being 1619. This past week the 2150 adjustments per day was…See More
Mar 17
John Sternal posted a blog post

How Women View Their Leasing Experience

How do women view their car lease experience? Swapalease.com wanted an inside look at how women drivers feel about leasing a vehicle, the shopping experience for a lease, and whether they would like to return to leasing in their next vehicle choice. Highlights from its latest report, "The State Of Women And Car Leasing" is below, and full results may be found on the Swapalease.com data center.…See More
Mar 13
John Sternal posted a blog post

Spring Season Is Active And Booming

Here is this week's Used Car Market Report from Ricky Beggs, Editorial Director of Black Book. Everywhere I turned this past week I was being told of 70% to 80% sales conversions definitely indicating a booming market. One buyer even said the opening bid was many times higher than his planned top bid. And the actual 53% of the adjustments made being increases now represents three straight weeks of the best market activity and…See More
Mar 10
John Sternal posted a blog post

Spring Is a Busy Buying Season For Dealers

Here is this week's Used Car Market Report with analysis from Ricky Beggs and Black Book. Judging from the overall comments Black Book received this past week and the ultimate level of adjustments based on the auction results and data feed, every dealer must be extremely busy on the retail lots.  The auction activity has really picked up the last couple of weeks. From Florida and the comments of “strong with the…See More
Mar 3
John Sternal posted blog posts
Feb 25

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John Sternal's Blog

Car Lease Credit Approval Trends From March

Posted on April 22, 2014 at 12:01pm 0 Comments

Swapalease.com, the nation’s largest car lease marketplace, reports lease credit approvals during the month of March were at 69.6%, up from last month’s yearly low of 66.7%. The 69.6% approvals mark is also the level of the last three months, indicating a credit approvals landscape that continues to hover near the “healthy” mark of 70%.



The credit approvals rate over the last twelve months stands at 71.7%. Prior to March, the approvals rate had continuously dropped from early fall…

Continue

Used Car Prices Remain High Longer This Spring

Posted on April 21, 2014 at 8:39am 0 Comments

Hello and welcome to this week’s edition of Beggs on the Used Car Market, with used car pricing data from Ricky Beggs and Black Book. Just when most all parts of the country thought winter was gone and pollen from the budding trees was the dominate particles in the air, we hopefully had the final blast of winter weather that swept across the Midwest and actually left Detroit enough of the white fluffy flakes to set an all-time record level of snow for the winter season.



As the Black…

Continue

Pring Prices See Segments Peak

Posted on April 14, 2014 at 8:56am 0 Comments

Hello and welcome to this week’s edition of Beggs on the Used Car Market with used car valuation data trends from Black Book and Ricky Beggs. We trust the market has been good to each and every one of you as a buyer, a seller or a player in the lending side of the business. As I stood on the lanes this week I truly appreciate the comments that were made about the market strength, how some vehicles are identified and listed within the guides, and even the effects that actual VIN decoding…

Continue

Longer Winter Pushes Price Season Farther Out

Posted on April 10, 2014 at 7:18am 0 Comments

According to Black Book® data, used vehicles model years 2008-2012 overall depreciated -0.3% in March, showing continued strength in seasonal retention compared to the -1.1% rate in February. Domestic cars gained in value by +0.7%; import cars depreciated -0.6%; domestic trucks gained in value by +0.6%; and import trucks depreciated -0.8%. Average pre-recession depreciation is historically between -1% and -2% monthly, and Black Book expects overall 2014 depreciation of -13.5%.



March…

Continue

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At 1:35am on April 19, 2013, Pauline Atta said…

Hello Dear,

How is everything with you,I picked interest on you after going through your short profile and deemed it necessary to write you immediately.I have something very vital to disclose to you,but I found it difficult to express myself here,since it's a public site.Could you please get back to me on(pauline120atta@yahoo.co.th)for the full details.
Have a nice day.

thanks
Pauline Atta.

 
 
 

 

 

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