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CAR 2024: Unlike a combustion engine, an EVs long-term value is maintained daily, based on the unique charging habits and battery management of its owner.
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The industry's first EV-specific valuation algorithm includes proprietary analytics from 100 million real-world EV battery data points.
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Fleet experts shared their insights on remarketing upfits and equipment in the work truck industry.
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Supply and demand shifts over the last two years have had ripple effects on purchasing patterns, the condition of used assets, and pricing.
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The companies are collaborating on an electric vehicle-specific valuation influenced by the condition of the battery, the most expensive part of an EV.
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With a lack of used vehicles and rental units returning to market, demand continues to outweigh supply. When will the market come back down to earth?
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Wholesale values continued their ascent in the final weeks of February, with nearly all reporting segments experiencing gains.
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Wholesale prices continued to gain strength for the first week of February in what Black Book Market Insights said is starting to look like the beginning to an early start to the Spring market.
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Wholesale prices continued their decline last week through the month of January, though declines in the overall market are at a 0.21% decline, higher than historical 0.44% drops.
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There was a significant drop in sold volume (both month-over-month, and year-over-year) in wholesale channels from September to November of 2020.
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