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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 Chrysler Group has changed its official name change to FCA US, the company announced on Dec. 16.
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The full-size pickup fleet segment depreciated by only 4.9 percent over the past 12 months; however, this rate is unlikely to continue into 2015.
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The used full-size van market has remained strong throughout 2014, but it is expected to decline in 2015. Part of the reason for the strength of the used van segment is the discontinuation of traditional U.S.-style vans by OEMs as the new European-style vans are released.
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The average price of a used vehicle fell 1.9 percent in November from the prior month led by steeper-than-expected declines by full-size pickups, according to Black Book.
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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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Waiting too long can result in unnecessary wear-and-tear, expense, and lost productivity. Making the decision too soon can result in higher capital expenses and depreciation costs. The key is finding the perfect balance.
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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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With many options and trim levels to choose from, lifecycle costs vary greatly within the same model.
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