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48% of field service leaders are investing in AI to manage customer communication and self-service. Get the latest on how fleets are using AI and thinking about the future.
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Used vehicles from one to five years old fell 1.4% in value in October in a steady used-vehicle market that showed significant improvement from a year ago with large pickups leading the way, reports Black Book.
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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.
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As we look back at 100 years of Chevy truck history, here's a gallery of the nine most expensive Chevrolet trucks sold at Barrett-Jackson auctions to date.
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As vintage Chevrolet trucks increase in popularity with enthusiasts, more trucks are going up for auction and sale prices for the most coveted trucks keep increasing.
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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.
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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%.
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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.
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Both owner-operators and fleet customers can see a significant benefit by selecting one of three attractive discounts when they purchase an eligible used truck from any SelecTrucks Center in America.
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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.
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Black Book looked at some popular trucks over the years and analyzed their valuations at recent collectible auctions:
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