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Rental fleets once again keep the momentum as government fleet sales last month showed an upturn for the first time in 2025.
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Changes in wholesale values have defied gravity this year, as the industry sees lower used-vehicle inventory levels and increased consumer demand for affordable vehicles
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Car rental companies extended a sales spike from July, while commercial fleets continue modest growth.
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Wholesale appreciation trends have continued to be a bit more volatile this year as tariffs have stirred demand in used markets for customers worried about price increases.
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Once again, higher rental fleet sales come to the rescue making year-to-date sales level a dead break even.
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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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Rental fleet sales stand out with continued increases year-over-year and year-to-date but no longer prop up the fleet segment.
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Rental fleets continue upward while commercial and government fleets decline again.
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Consumer confidence plunges worse than expected across leading indexes after tariffs and added import duties seep into automotive markets.
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In the first month after the U.S. levied steep tariffs on the automotive sector, the rental car sector got all the gains.
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