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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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The vehicles should finish the year as the only category that will increase in residual value, while the broader market should depreciate more than 12 percent.
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In 2015, the Toyota Tacoma pickup truck wins a 14th straight residual value award with the Toyota Tundra winning its fourth consecutive award. Additionally, the Chevrolet Tahoe and Ford Transit Connect were among the eight vehicles that earned RVAs for the first time.
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Domestic cars lost the most in value at 3.2 percent among vehicles from the 2009-2013 model-years, while domestic trucks lost 2.1 percent. Compact pickups and full-size passenger vans and full-size cargo vans showed the most strength.
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Fleets in North Carolina, Oregon, and New York looking to expand or replace their existing fleets of heavy equipment including utility vehicles have more than 1,500 items to choose from in the month of November.
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Used vehicles sold at auctions logged their highest depreciation this year in September, as 2009-2013 car and truck models fell 1.7 percent in value.
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Remarketing commercial trucks online can save fleets time and money typically spent transporting trucks to physical auctions.
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A lineup of new full-size commercial vans from Chrysler/Ram, Ford, and Mercedes-Benz will deliver significantly higher residual value that their counterparts from previous generations, according to ALG’s latest industry projection.
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Overall depreciation for used vehicles from the past five model years improved slightly from July as the average value fell 1.3 percent in the month compared to 1.5 percent in July, according to Black Book's monthly report.
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After a steeper decline to start 2014, depreciation is expected to settle into the range of 1% to 1.5% per month for the rest of the year.
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The liquidation of assets owned by bankrupt electrical contractor Truland Systems is under way, with vehicles in the first sale including vans, trucks, and bucket trucks.
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