
The largest fleet expense is vehicle depreciation, so managing it is critical to operating a well-run fleet. Remarketing is core to fleet management. In many ways, fleets are very much the “factories” that manufacture used vehicles.
The largest fleet expense is vehicle depreciation, so managing it is critical to operating a well-run fleet. Remarketing is core to fleet management. In many ways, fleets are very much the “factories” that manufacture used vehicles.
The Automotive Fleet & Leasing Association (AFLA Canada) held a webinar on Thursday, May 7, 2020 on the Canadian fleet market titled "The Impact of the Recent Economic Downturn on Vehicle Depreciation: What Fleets Need to Know.”
The Ram 3500 earned the best resale value award for the heavy-duty pickup segment. The Ram 3500 was also the overall winner for best resale value in 2018.
Demand for non-Tier 4, used construction equipment is on the rise, according to a survey of Independent Equipment Dealers Association (IEDA) members.
Used medium-duty truck models (model-years 2005-2012) experienced a 1% resale value decline in February, and resale values for trucks model-year 2013-2014 dropped 0.9%.
Subaru and Lexus earned top honors for best brand and best luxury brand (respectively), with Subaru claiming three model winners and Lexus producing six model winners from a total of 22 different segments.
TORRANCE, CA - After super storm Sandy, the used-car market is about to see changes that will slow down vehicle resale value depreciation and possibly even push up prices in some categories, according to Black Book’s Senior Analyst Ricky Beggs.
TORRANCE, CA - Automotive Fleet spoke with Black Book's Ricky Beggs about how gasoline prices affect resale values and how they're affecting prices in specific vehicle segments.
GAINESVILLE, GA - Black Book released a list of the top 5 vehicle segment resale value drops for 2012 in its car and truck segment categories. The Near Luxury Car and Full Size Van Cargo segments saw the largest drops during the first half of the year.
Because of historically high resale rates, most commercial fleets no longer sell out-of-service Class 3-8 trucks to their employees.
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