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AP Fleet Management expanded its commercial vehicle remarketing program with dedicated resale services and an online marketplace for used work trucks.
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As of May 1, 2019, overall wholesale values for all pickups and Class 4-8 trucks have been consistently declining since same time last year.
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Gov. Greg Abbott issued a proclamation to make April 11, 2019 Remanufacturing Day in the State of Texas.
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Overall truck segments are declining but some truckmakers saw increases of up to 5% due to new 1/2-ton pickups.
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Arrow Truck Sales, Inc. announced that Jeffrey Oldham has been appointed company president. Oldham will replace Steve Clough, who retired from the company.
Read More →Black Book's ValuEngine batch processing tool now offers Enhanced Vehicle Matching, a more precise VIN-level valuation tool powered by machine learning and natural language processing.
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Extending replacements too long can result in added repair and maintenance costs but replacing a vehicle too soon can leave money on the table in terms of vehicle life.
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A steady supply, thriving shipping market, and increased demand helped stabilize wholesale values going into 2019.
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Statistics covering vehicle remarketing in 2018. In this report, we cover a 20-year used vehicle value index, distribution of auction sales, retail lease penetration rate, wholesale used-vehicle price trends, and depreciation rates by segment.
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Volume-weighted, overall truck segment (including pickups, SUVs, and vans) values decreased by 0.42% last week. In comparison, the market values decreased by 0.58% on average during the prior four-week period.
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Propane autogas vehicles provide a lot of value when it is time to replace or retire the asset, whether fleet owners plan to sell privately, at a public auction, or trade-in the vehicle. Here are a few things to consider when making the decision.
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