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Used Fleet Vehicle Values Rise 2.3% in March

Used Fleet Vehicle Values Rise 2.3% in March

The spring / tax season market uptick helped make March a strong month for used vehicle sales, and late-model sedans from fleet leasing consignors continue to outperform their SUV/CUV counterparts, according to Tom Kontos, KAR's chief economist.

April 15, 2019

2019 Depreciation Rate Up Sharply to 15%

2019 Depreciation Rate Up Sharply to 15%

Black Book analysts forecast an annual depreciation rate of 15% in 2019 as the supply of used cars and trucks increases, up from a "noticeably strong" 12.4% depreciation rate in 2018.

April 11, 2019

Spring Bounce Overrides Slow Tax Season at Auctions
Wholesale Market's Slow 2019 Start Sped Up in March

Wholesale Market's Slow 2019 Start Sped Up in March

The lull that the wholesale market experienced through January and February was upended in March, as the industry saw the traditional spring bounce in values, according to the most recent Manheim Index report.

April 8, 2019

Depreciation Costs Decline, Now 32.9% of TCO

Depreciation Costs Decline, Now 32.9% of TCO

Vehicle depreciation accounted for 32.9% of the total cost of ownership over the past 12 months, which continues a three-year trend of declining depreciation costs, according to a new study from Motus.

April 5, 2019

Spring Resale Market Arrives for Trucks
2019 Conference of Automotive Remarketing
Peterbilt Expands Used Truck Buyer Assurance Program
2019 Remarketer and Consignor of the Year Named
NAAA, IARA Give Manheim's Peluso Industry Icon Award

NAAA, IARA Give Manheim's Peluso Industry Icon Award

Nick Peluso, president of Manheim Digital Marketplace, received the Ed Bobit Industry Icon award on Tuesday during an award ceremony at the 2019 Conference of Automotive Remarketing at the Caesars Palace in Las Vegas.

March 26, 2019

What the Fed's Flat Interest Rates Will Mean for Used Cars
Wholesale Truck Segment Values See a Bump in February

Wholesale Truck Segment Values See a Bump in February

In the month preceding the start of the Spring season, trucks continued to show the resilience they've shown in past months. A few key segments showed particular strength and luxury vehicles continued to struggle.

March 20, 2019

February Used Fleet Values Outpaced Rest of Market

February Used Fleet Values Outpaced Rest of Market

The average sale price for used vehicles from fleet leasing consignors continued to outpace vehicles cosigned to auction by manufacturers and dealers in February, according to Tom Kontos, KAR's chief economist.

March 14, 2019

FMC Remarketers to Discuss Emerging Trends at CAR

FMC Remarketers to Discuss Emerging Trends at CAR

The 2019 Conference of Automotive Remarketing is less than two weeks away, and this year, the annual conference will feature a panel discussion led by managers of some of the leading commercial fleet leasing companies.

March 13, 2019

Two Charged With Stealing Diesel VWs

Two Charged With Stealing Diesel VWs

Two Michigan men have been charged with allegedly conspiring to steal Volkswagen and Audi diesel vehicles involved in the emissions scandal that were parked at the Pontiac Silverdome, U.S. Attorney Matthew Schneider announced March 11.

March 12, 2019