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Merchants Fleet

Merchants Fleet is expanding capacity for its in-demand commercial vehicle remarketing services and has hired Jesse Hopperstad as a remarketing sales manager, where he will be responsible for assisting new and existing Merchants Fleet clients in the Western half of the country with remarketing their vehicles.

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Used SUVs Reached Saturation Point in 2019

CUV/SUVs saw year-over-year declines to their wholesale values, but are still performing well due to continued demand for these segments and cheap gas prices, but an inflection point is approaching.

Vehicle Depreciation Should Rise in 2019

Deprecation was low through most of 2018. Segments such as sedans performed better than they have in years past, while trucks and SUVs continue to retain their values well.

Three Fleet Remarketing Trends

More SUVs, the retention of higher mileage vehicles, and new methods of remarketing are some trends fleets are observing in the wholesale market.

Merchants Hires California Sales, Resale Managers

Merchants Fleet Management has hired a regional sales manager for northern and central California and a manager for its Merchants GuaranteeTRAC resale program, the fleet management company announced.