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Fiserv Names Top Auctions

Fiserv Inc. announced that Carolina Auto Auction, based in Anderson, S.C., is the top performing automobile auction house of 2014, a designation it also won in 2013.

Carolina Auto Auction won for its continued outstanding customer service and strong sales results.

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Autotrader Finds Options for Spending Tax Refunds

Autotrader did a recent study of its data to see what an average tax refund will buy at a used-car store.

According to the most recent information from the Internal Revenue Service, the current average 2014 tax refund is $2,800. Currently, there are more than 13,000 listings of vehicles for sale at or below $2,800 on Autotrader, comprised of 41 brands and 513 different models.

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Dealer Must Pay Customers or Go to Prison

A Missouri used-car dealer was ordered to pay $94,416.29 to 45 consumer victims of an odometer scam.

An investigation by the attorney general's office, the Missouri Department of Revenue and the Office of Odometer Fraud in the National Highway Transportation Safety Administration found Ashley Bolton misrepresented the actual mileage of vehicles offered for sale by his Excel Auto Group in 2011 and 2012.

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Consumers’ Jobs Fears Lowest Since ‘07

In the U.S., 13 percent of employed adults think it is "very" or "fairly" likely that they will be laid off in the next 12 months, down slightly from the 16 percent who feared job loss a year ago.
The percentage that fear being laid off is down from a high of 21 percent in 2010 and is essentially back to where it was in April 2007.

The most recent update is based on Gallup Inc.'s annual Economy and Personal Finance poll, conducted April 9-12, in which full- and part-time employed adults were asked to predict the likelihood that they will be fired or laid off from their job in the next 12 months.

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