NJ CAR NEWS

NJ CAR Welcomes Mallory Bakst As Its New Dealer Liaison (06/22/2017)
NJ CAR is happy to introduce the Coalition’s newest hire, Mallory Bakst, who will be serving as a Dealer Liaison for all Coalition programs. Mallory will be working closely with Gail Caputi, visi ... more 
Support New Jersey's Military Families (06/22/2017)
Deadline Extended To Sign Up & Host A USO Barbecue For The Troops Event On Saturday, July 15, 2017 Nearly sixty (60) dealerships have already signed up to participate in New Jersey’s first-ev ... more 
Electric Car Sales Gaining Momentum (06/22/2017)
The number of electric vehicles on the road topped two million in 2016, according to the International Energy Agency (IEA). The agency reported that plug-in and battery-powered vehicles on roads ... more 
NJ CAR Motor Vehicle Title Clerk Training- July 19-21, 2017 In Ewing (06/22/2017)
Individuals who successfully complete the NJ CAR Motor Vehicle Title Clerk Certification Program will have a working knowledge of New Jersey Motor Vehicle documents and procedures. Although the c ... more 
Utilize ALL NJ CAR Tools To Stay Informed (06/21/2017)
One of NJ CAR’s primary missions is to provide dealers (and their employees) with information that could impact the franchised, automotive retail industry in New Jersey. The Coalition also strive ... more 
Follow NJ CAR On Social Media Or On Your Smartphone (06/21/2017)
For those who are active in social media, particularly Facebook, Twitter and LinkedIn, we encourage dealer members, employees, colleagues and other contacts to connect with NJ CAR in order to rece ... more 

   
  Automotive News
CarMax captive boosts income, revs marketing for online finance
Income at CarMax's captive finance arm rose 8.5 percent to $109.4 million in the company's 2018 fiscal first quarter, ended May 31, even as its financing penetration fell.... more 
When FandI stumbles
Most FandI errors are caught before they leave the store. But when they aren't, dealers walk a line between customer dissatisfaction and financial loss.... more 
Are consumers' vehicle aspirations too high?
Consumers may be trying to bite off more than they can chew. Swapalease.com approved fewer than half of lease applicants in May because consumers applied for leases on out-of-budget, high-end vehicles.... more 
Leasing's exotic side
Canadian companies thrive on quality low-mileage lease returns while creating a captive audience.... more 
The disconnect between vehicle price and affordability
The average price tag on a new car is too high for median-income households in 24 of the 25 largest U.S. metro areas, according to a Bankrate.com study.... more 
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