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SEARCHCoverage of replacement planning, vehicle utilization, remarketing, resale value, asset strategy, and market conditions to help fleets maximize vehicle value throughout the asset lifecycle.
Ford Pro Advantage brings manufacturer-backed inspections, warranties, roadside assistance, and service support to used Class 1-7 commercial trucks and vans.
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The larger trucks feature special considerations including upfitting, lead times, and increased acquisition costs.
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Once you have correctly spec’ed your trucks, what can you do to ensure long, useful lives and high resale values?
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A one-size-fits-all for approach getting replacement cycles right? That doesn’t exist. The good news? Fleets have options to customize the best strategy for their unique operation.
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Tom Caruso is retiring from KAR Global after more than 40 years in the remarketing industry.
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As of March 1, 2020, we are back to a mix of increases and decreases in 2015-2017 model-year truck resale values.
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As of Feb. 1, 2020, all 2015-2017 model-year truck classes experienced an increase in resale values. Class 8, heavy-duty trucks experienced the biggest dip in January 2020 and experienced the biggest rebound in February.
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As of Jan. 1, 2020, all 2015-2017 model-year truck classes except Class 7 medium-duty units experienced a decrease in resale values.
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The outlook for the 2020 used market is positive, at least according to three remarketers from three fleet management companies.
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Quanta Services has partnered with Ritchie Bros. to develop a new online inventory management system that will help improve how the company redeploys assets across its operating locations and subsidiaries.
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As of Dec. 1, 2019, pickup truck values continued their downward trend a bit more steeply between November and December 2019 since a peak in June.
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