Vehicle Resale Market Forecast for 2018
Fleet mainstays such as pickups and vans are expected to perform well at wholesale this year. Higher-end vehicles, such as those found in executive fleets are expected to struggle.
Fleet mainstays such as pickups and vans are expected to perform well at wholesale this year. Higher-end vehicles, such as those found in executive fleets are expected to struggle.
Depreciation can account for a large portion of a vehicle’s lifecycle costs. While there is no escaping from the fact that vehicles are depreciating assets, there are ways to control and minimize the depreciation costs you incur.
It never ends; management wants cost reduction, and fleet managers must come through, year after year. Beyond those ‘hard’ costs that are easily measured are soft and hidden costs that are equally important. Here are some tips on finding, and eliminating such costs in your fleet.
The 2018 Conference of Automotive Remarketing (CAR) detailed the biggest topics concerning wholesale remarketing, and also elaborated on technological developments that may impact the industry as a whole.
Sarah Riggs Amico plans to take her boardroom strategy to Georgia’s Gold Dome and deliver the results that other politicians have merely promised.
PARS mobile driver app allows fleet managers and fleet management companies to see real-time order updates from the minute a vehicle is picked up or delivered.
Jason Herman’s position at U.S. Bank allows him to combine his passions while staying on top of issues such as regulatory compliance and acceleration of used vehicle sales volumes.
Rebecca Hewitt credits her team and improved technology for the accomplishments of her department at Southeast Toyota finance.
Typical seasonal highs and lows were disrupted this year due to a run of natural disasters destroying hundreds of thousands of vehicles and causing a surge in replacement activity. Overall fleet depreciation improved this year.
As consumers and automakers continue to migrate away from sedans toward crossovers, there are no clear winners when analyzing total cost of ownership of individual models.
With the number of off-lease vehicles coming into the used car market projected to grow in the coming years, it might be the time for used car leasing to make a return, which would boost demand and price at wholesale for several used car segments, according to Swapalease.com.
The IARA standards committee has begun exploring the idea of creating a set of unified pre-sale certification standards. It has begun putting together a survey that it will be distributing to IARA members in order to gather feedback as to whether there would be member interest in creating something like this.
The International Automotive Remarketers Alliance (IARA) Canadian Committee has grown in spades since its inception in 2011. What started off with 13 members several years ago now is up to 35 member companies.
Recently retired from Manheim after almost four decades in the business, Chuck Novince is happy to see the industry’s move from an ‘entertainment’ focus to a more ‘analytical’ one.
Earlier this year, Jeff Bescher, president and founder of Strategic Remarketing Solutions, LLC, rejoined the International Automotive Remarketers Alliance (IARA) after a job change resulted in a brief stint of his leaving the Alliance.
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