News
Commercial Fleet Sales Contribute To June, YTD Gains
The fleet sector has boosted its vehicle purchases at a reliable pace in the first half of this year compared with 1H 2025.
Read More →The fleet sector has boosted its vehicle purchases at a reliable pace in the first half of this year compared with 1H 2025.
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Higher fuel prices, ongoing increases in replacement tire prices, more expensive motor oils required by OEMs, increased parts prices, and rising labor rates in high-cost markets have put upward pressure on operating costs.
Read More →This article presents a timeline of the fleet remarketing industry.
Read More →SmartAuction is an online remarketing platform. Since its inception, online sales grew from 34,000 vehicles in 2000 to a cumulative 3.4 million through mid-2010. SmartAuction’s current initiative is to increase its commercial fleet business.
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This upstream remarketing channel, which offers out-of-service fleet vehicles not only to drivers, but also to the broader purchasing pool of other company workers, saves money and provides a valuable employee benefit.
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Follow these common sense strategies before the acquisition decision, during ownership and prior to resale to help you hold the line on residual values.
Read More →To obtain maximum return when remarketing vehicles, fleet managers should use a remarketing service, which helps eliminate hidden losses associated with continued depreciation and tracks the status of the used-vehicle market.
Read More →Poor dealer demand and low bid prices are backing up the volume of car rental units in auction lanes. Average risk car sale prices were down almost 15 percent in December, and could remain low for months.
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The used-vehicle market since Sept. 11 has been volatile and its future is being governed by events beyond our control, such as the economy, a war, and unprecedented new-vehicle retail incentives.
Read More →On average it takes approximately nine days for owned fleets to receive funds from the resale of fleet vehicles, while leased/managed fleets take 21.5 days, according to a survey of fleet managers conducted by Automotive Fleet.
Read More →Taurus was still the best selling used car, as it has been for three years. Ford leads the light truck class as well, with the F-150. Another continuing trend is the popularity of green cars with tan interiors.
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