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Fleet Lease Consignor Prices Up 6.6% in March

Screenshot of Tom Kontos, chief economist, courtesy of KAR Auction Services.

Prices for vehicles from fleet lease consignors increased 6.6% in March and are 4.9% higher than a year ago driven in part by a strong spring selling season that boosted the values significantly from February levels, according to KAR Auction Services.

News

Avis Opens New Car Sales Locations

All vehicles are Avis Certified — meaning they have passed a rigorous multi-point, bumper-to-bumper inspection process completed by certified mechanics, including ASE-Certified and ASE Master Technicians.

News

Enterprise Car Sales Joins SiriusXM Pre-Owned Program

Courtesy of SiriusXM.

Enterprise Car Sales has joined the SiriusXM Pre-Owned Program, meaning that customers who purchase a used vehicle from an Enterprise Car Sales location will be offered a three-month subscription to SiriusXM’s All Access audio package, according to a company announcement.

Article

Eliminating Hidden and Soft Fleet Costs

Graphic courtesy of Getty Images.

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.

News

Fleet Consignor Prices Rise 4.1% in January

Screenshot via KAR Auction Service.

Wholesale used vehicle prices for vehicles from fleet or lease consignors increased 4.1% in January from the prior month, but fell 0.3% from the same month a year ago, according to the latest Kontos Kommentary.