Learn more about market results and effects from a major shift in federal electric vehicle policies and incentives at the upcoming Fleet Forward Conference.
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The arrangement enables franchise dealers to offer flexible lease-to-own programs with no credit checks, no down payments, and no long-term commitments.
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Access to the transportation management system helps carriers manage workflow and operate more efficiently.
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The service enables used EV sellers to receive firm offers in under an hour, and expands dealer access to EV inventory.
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Electric vehicle sales dipped in the second quarter, despite record incentives and a growing model lineup. The market braces for a federal tax credit phase-out that could skew sales trends.
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June figures show that for the first time this year, days’ supply of used vehicles is nearly flat compared to levels seen in 2019.
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Enough vehicles are sitting on lots as vehicle days’ supply hovers above last year’s levels, and sales volume lingers well below available inventory.
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Auctions are seeing a drop in off-lease and off-rental vehicles, but overall sales for the first half of the year are still pacing ahead of 2024 levels.
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The inventory expansion started with auction events in South Carolina and is moving to locations in Ohio and Nevada.
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Wholesale appreciation trends have been more volatile over Q2 as tariffs affected new sales and supply, and the used marketplace.
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