THE NUMBER 1 RESOURCE FOR VOCATIONAL TRUCK FLEETS
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Remarketing commercial trucks online can save fleets time and money typically spent transporting trucks to physical auctions.
To get the most value from a used truck, fleet managers looking to auction their units should do a little research and be thoroughly prepared.
The Internet offers several avenues for small fleets to remarket out-of-service cars, trucks and vans. Here are three ways to get started.
Low auction inventories have kept used vehicle prices afloat. But does that mean you can finally sell your used pickup or SUV? And how has bankruptcy affected used car values?
Most fleet vehicles are purchased by subprime buyers; however, these buyers are now finding it increasingly difficult to qualify for used-vehicle loans. The slowdown in the construction market is dampening demand for used pickups, and full-size work vans.
Some claim average returns of $1,000 over wholesale. The tradeoff is the time spent researching pricing, managing listings, and building a reliable reputation.
Fleets are exploring non-traditional remarketing channels, such as online auctions, as they try to squeeze higher residual values while operating under the strains of reduced budget dollars and declining internal resources.