Increased buying opportunities and a favorable economic climate are limiting price growth, and the supply of quality used trucks is expected to increase.
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Overall, depreciation is lower than pre-recession levels for the fleet vehicle market, with average months-in-service and mileage decreasing year-over-year.
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Understanding depreciation, how vehicles are valued and when to remarket can improve your total cost of ownership.
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Remarketing commercial trucks online can save fleets time and money typically spent transporting trucks to physical auctions.
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The 19th annual Conference of Automotive Remarketing (CAR) changed venues this year to the Paris Las Vegas Hotel. Perhaps reflecting this change, most of the sessions and events looked to the future of the remarketing industry.
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To get the most value from a used truck, fleet managers looking to auction their units should do a little research and be thoroughly prepared.
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Manheim recently opened a new service center in Riverside, Calif., taking over a former newspaper printing plant. The result has been a boon for the auction, its partners, and the community.
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The used-vehicle market has always been driven by supply and demand. In the 2013 calendar-year, vehicle supply in the wholesale market continued to be tight relative to demand, helping bolster resale values.
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Fleets should consider engines, transmissions, upfits and color choices to maximize total cost of ownership.
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Delray Beach, Fla.-based FLD has made a name for itself as providing high-tech solutions for its clients. For the past 33 years, it has been spearheading online and other types of technology that has helped transform the industry.
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