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Remarketing

Meet GM's Jennifer Costabile

With an eye toward the future, Costabile focuses on relationship building, networking, and growth.

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How to Balance Truck Application Against Resale

Your primary goal is to spec a truck to meet the intended job function, but how it is spec’ed has a direct bearing on future resale value. Therefore, it is similarly important to maintain a remarketing mindset when identifying specs.

IBM Watson Will Revolutionize Health Care: Can It Be Integrated into Fleet Processes?

At a fundamental level, the fleet management industry is an aggregator of data upon which it executes actions designed to optimize vehicle asset lifecycle – from acquisition to disposal – and to fine-tune operational efficiencies to maximize employee productivity. A cognitive computing platform, such as IBM Watson, would thrive in this type of data-rich environment.

How to Get the Most from Truck Resale

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.

Optimizing Truck and Van Specs

Without fully understanding the fleet application requirements and operating parameters of truck and van assets, it is impossible to spec the best powertrain, chassis, and body needed to optimize productivity and total cost of ownership.

Navigating the Executive Fleet Landscape

Fleet Professionals have to not only be able to please executives, but also adhere to the company's bottom line when managing an executive fleet.

Remarketing Déjà Vu: Will the Resale Market of 2016 be a Repeat of 2002?

Many of the dynamics in today’s market are eerily familiar to the resale value softness that occurred in the last decade, which ultimately peaked in 2002. At that time, year-over-year increases of off-lease vehicles entering the wholesale market exerted downward pressure on resale prices. It appears that we are on the same trajectory, with off-lease volumes peaking in 2016. What are you doing to prepare for these different market dynamics?

Is the Fleet Industry Grossly Under-Estimating Personal Use Miles of Company-Provided Vehicles

If you asked fleet managers what the industry average is for personal use of company vehicles, most would say it is approximately 15-18 percent. But, is it? Most of us will agree that some drivers fudge their personal-use mileage, but no one knows by how much. There is a growing suspicion that personal-use mileage is far greater — perhaps substantially greater — than what the industry accepts as conventional wisdom.

The Emerging Trend of Simultaneous Remarketing on Multiple Online Platforms

When you electronically buy an airline ticket, you do so through an electronic hub, such as Egencia. When realtors electronically list homes for sale, they use a multiple listing service for all other realtors to simultaneously see the property listing. Many see comparable change occurring for the remarketing of vehicles in the wholesale market. The consensus among remarketers is not “if” this will occur, but “when.” And, just as important, most see it happening sooner, rather than later

Resetting Management's Future Resale Expectations

All good things eventually come to an end. So, too, will today’s abnormally high used-vehicle prices. Today's resale values are an anomaly caused by a decrease in used-vehicle inventory in the wholesale market, resulting from the extremely low sales of new vehicles from 2009-2011. You need to educate management that today’s resale values will decline. Otherwise, you run the risk of being management’s future scapegoat for declining resale values due to their misperceptions of the market.