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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 wholesale used-vehicle market finished 2015 stronger than expected with an average 13.2% depreciation rate for used vehicles two to six years old and trucks retaining their value 9% better than passenger cars on average.
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GM announced the company is launching the Factory Pre-Owned Collection as another example of GM’s efforts to earn customers for life.
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LINE-X showed its continued commitment to U.S. veterans by donating $50,000 to UCLA Operation Mend
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Subaru, Lexus, General Motors, and Tesla earned top honors or recognition for 2016 models in Kelley Blue Book's annual forecast of the vehicles with the best retained value after a five-year ownership period.
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Used vehicles depreciated 2.8% in November during a month that typically sees higher depreciation as vehicles lose greater value toward the end of the year, reports Black Book.
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Full-size cargo and passenger vans logged the least amount of depreciation in October and with pickups bolstered the used vehicle market, which saw a sharp increase from September, according to Black Book.
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Used vehicles sold at auction declined 1.5% in value in September — a depreciation pace relatively unchanged from August — in a month that saw relative strength in some truck segments and compact cars continue their slide, according to Black Book.
Read More →More than 950 pieces of utility and construction equipment and vehicles will be sold off at JJ Kane Auctions in Louisville, Dallas, South Beloit, and Worcester in the month of October. The auctions will be held Oct. 1, 15, 24, and 31.
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Mid-size SUVs from the 2010 to 2014 model years recorded the highest depreciation in August, slipping 3 percent from July to $18,650, while compact pickups increased in value during the month, according to Black Book.
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More than 1,650 pieces of equipment and vehicles will be sold off at JJ Kane auctions in Cincinnati in the month of September. The auction will be held Sept. 24.
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