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TAG SEARCH RESULT: Remarketing

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November 8, 2017

Manheim's Used Vehicle Values Rise 6 Straight Months

Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.

October 23, 2017

RES Auction Services Joins Proxibid

The November 18 auction will feature tractors and agricultural implements, as well as construction equipment and related items. Everything you need for your next farm or construction project can found in this auction.

October 12, 2017

Hurricane Replacement Still Boosting Used Vehicle Prices

The average price of used vehicles model years 2012-2016 fell 0.7% in September, with the lion’s share of that depreciation coming from the car segment, according to Black Book. As of September, all vehicles are averaging a 12-month depreciation of 14.5%.

September 20, 2017

Fleet Lease Consignor Prices Climb Higher

Fleet lease consignor prices moved higher in August, increasing 1.4% over July and 2.3% through the first eight months of the year compared with 2016, according to the Sept. 20 Kontos Kommentary.

September 8, 2017

How to Get the Most from Truck Resale

For some fleets, a truck’s value does not come up until it’s time for remarketing. But getting the most profit for these assets requires careful planning long before the truck goes up for sale.

September 5, 2017

Wholesale Medium-Duty Truck Values Continue to Fall

Depreciation among wholesale medium-duty trucks continued to rise through July and August, according to Black Book’s September Specialty Markets report.

June 30, 2017

New-Vehicle Sales Down 2.3% in First Half of 2017

New-vehicle sales through the first six months of 2017 are expected to be down 2.3%, and high quality off-lease vehicles may be part of the reason why, according to Kelley Blue Book.

June 9, 2017

Used Vehicle Depreciation Accelerates in May

Used vehicle prices experienced a reversal in May, falling 1.2% from the previous month, according to Black Book.

May 8, 2017

Optimizing Truck and Van Specs

Without fully understanding the fleet application requirements and operating parameters of truck and van assets, it is impossible to spec the best powertrain, chassis, and body needed to optimize productivity and total cost of ownership.

May 3, 2017

Small Car Depreciation Improves in April

Used vehicle values increased slightly in April as tracked by Black Book's Used Vehicle Retention Index that measures values of 2- to 6-year old vehicles, according to the company.

April 7, 2017

Used Vans, Cars Bolster March Depreciation

Used cars outperformed trucks in March, as full-size pickups, compact vans, compact cars, and sporty cars increased in value, while as overall used vehicles depreciated 0.6%, according to Black Book.

March 23, 2017

Wholesale Pricing and Volume Down for Medium-Duty Trucks at Start of Year

Medium-duty trucks at auction have had a shaky start to 2017, with both volume and pricing down compared to the same time last year, according to NADA Used Car Guide’s March 2017 Commercial Truck Guide Industry Update. However, with a boost in demand expected in the latter half of the year, medium-duty trucks should finish off this year in better shape than in 2016.

February 27, 2017

Vehicle Depreciation to Reach 17.8% in 2017

The vehicle depreciation rate will reach 17.8% in 2017 on 17 million new-vehicle sales, slightly higher than the 17.3% mark recorded in 2016, according to latest forecast from Black Book and Fitch Ratings. Prior to the Great recession, annual depreciation trended between 16% and 18%.

February 23, 2017

IronPlanet Debuts Marketplace Direct Platform

IronPlanet has debuted a new Marketplace Direct platform that offers advanced, self-listing functionality for larger-scale equipment sellers.

February 10, 2017

Pickups Show Lowest January Depreciation

Small and large pickups were among the top performing segments in January with a 1.1% depreciation rate among two- to six-year-old vehicles sold in auction lanes, according to Black Book.

February 8, 2017

Used Medium-Duty Truck Values Declining

After the first month of the year, depreciation rates for medium-duty trucks are up and overall orders for the segment are down, according to Black Book’s Feb. 7 Market Insights Report.

February 26, 2014

Penske Used Trucks Opens New Commercial Dealership

Penske Used Trucks announced it has opened a commercial truck dealership in Torrance, Calif., where it will sell used light-, medium-, and heavy-duty trucks, trailers, and related equipment.

February 11, 2014

Remarketing Déjà Vu: Will the Resale Market of 2016 be a Repeat of 2002?

Many of the dynamics in today’s market are eerily familiar to the resale value softness that occurred in the last decade, which ultimately peaked in 2002. At that time, year-over-year increases of off-lease vehicles entering the wholesale market exerted downward pressure on resale prices. It appears that we are on the same trajectory, with off-lease volumes peaking in 2016. What are you doing to prepare for these different market dynamics?

February 7, 2014

ARI to Host Vehicle Remarketing Best Practices Webinar

ARI will host a webinar highlighting best practices in vehicle remarketing, giving fleet personnel the opportunity to explore and discuss various vehicle remarketing strategies to help determine the best options for their fleet.

October 16, 2013

Is the Fleet Industry Grossly Under-Estimating Personal Use Miles of Company-Provided Vehicles

If you asked fleet managers what the industry average is for personal use of company vehicles, most would say it is approximately 15-18 percent. But, is it? Most of us will agree that some drivers fudge their personal-use mileage, but no one knows by how much. There is a growing suspicion that personal-use mileage is far greater — perhaps substantially greater — than what the industry accepts as conventional wisdom.

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