Despite an expected 8.5% year-over-year decline in August volume, Cox Automotive forecasts a 16.3 million SAAR, with full-size pickups outperforming several major crossover segments.
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As we look back at 100 years of Chevy truck history, here's a gallery of the nine most expensive Chevrolet trucks sold at Barrett-Jackson auctions to date.
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For some fleets, a truck’s value does not come up until it’s time for remarketing. But getting the most profit for these assets requires careful planning long before the truck goes up for sale.
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As manufacturers continue to release new vehicles into the luxury segment, the number of vehicles in the segment has grown. This along with overproduction and higher incentives has led to higher depreciation rates for the segment.
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A new report from Morgan Stanley warns that used-car values could fall by 25% to 50% in the next four to five years.
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The 2018 Land Rover Range Rover Velar, which debuted in London on March 1, boasts a range of advanced driver assistance systems.
Read More →While depreciation is the biggest fleet expense, there are steps fleet managers can take before purchasing a vehicle, while it’s in the fleet, and when it’s being remarketed that can make this expense manageable.
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Vehicle depreciation is impacted by a number of factors, from supply and demand to overall economic conditions. While 2015 was relatively stable for depreciation, some challenges are on the road ahead.
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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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Fleets should consider engines, transmissions, upfits and color choices to maximize total cost of ownership.
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