While sending a vehicle through a physical auction has long been the preferred way to remarket a fleet vehicle, with advances in technology and techniques, there are a growing number of channels available to fleet consignors to cycle vehicles of all types and conditions.
In “5 Remarketing Channels for Fleet Vehicles,” you will not only discover all of these channels, but the pros and cons of each of them.
These additional channels include:
• Employee sales.
• Online auctions.
• Virtual markets.
You will also learn a valuable strategy to determine when it’s worth investing in reconditioning a vehicle that’s headed for remarketing.
Download “5 Remarketing Channels for Fleet Vehicles.”
By Select Remarketing Solution Providers
Fleets that properly calculate the total cost of ownership (TCO) of a vehicle before it’s added to the ﬂeet will more likely beneﬁt from resale at the end of the vehicle’s service life. Knowing when to send a vehicle to auction is determined by numerous factors, including the vehicle’s mileage, its spec, and the strength of the resale market.
There are three options available to fleets for moving vehicles around the country, including haulers, enclosed transportation, and a driveaway service. Asking the right questions will help you determine your best option for transporting your vehicles to auction.
Spending time and money to recondition a vehicle isn't an either/or proposition. Following a simple rule of thumb will help you evaluate if it's worth investing budget dollars to make a cycles out vehicle ship shape for auction.
When a fleet vehicle heads to auction, it’s history and condition at the point of sale will largely determine its price. The condition report is a crucial tool for both buyers and sellers to set the vehicle’s true value. Learn about the seven points every condition report must include.