OUR OTHER FLEET SITES

Visit our Fleet Sites

RSS

JOBS

Auto Fleet Market Trends Blog

1 - 2 of 2

Resale Values Up, But Market Remains Fragile

March 20, 2009

Wholesale used-vehicle prices during fourth quarter 2008 were the worst on record. Since then, wholesale prices rose significantly in January through March. The improvement in pricing in 1Q 2009 reflects better-than-expected retail sales of used vehicles. Resale values for mid-size sedans are substantially higher than in 2008, as are prices for light-duty trucks and SUVs. However, consumer confidence and credit availability remain two wildcards to the market's ongoing vitality.

Tags: Resale Value, used vehicles, wholesale market

Author: Mike Antich | Posted @ Friday, March 20, 2009 4:13 PM | » Comments(0)

How Long Will the Slump in Used-Vehicle Values Last?

January 13, 2009

We are currently in the midst of the worst used-vehicle market in the past 25 years. Year-over-year prices declined every month in 2008; however, wholesale prices did improve the first 10 days of January. Despite this, many fleets now find that the depreciation rates established 24-36 months ago are insufficient for today's resale market. In many cases, resale values of fleet vehicles are significantly below the remaining book value. Here's a forecast for what lies ahead in the wholesale market.

Tags: resale value decline, used cars, used vehicles, used-vehicle market, Vehicle Sales, wholesale market

Author: Mike Antich | Posted @ Tuesday, January 13, 2009 9:41 AM | » Comments(0)

« Previous1Next »

AUTHOR BIO

Mike Antich

Editor & Associate Publisher

Mike Antich has been covering the fleet management and vehicle remarketing markets for more than 20 years. During this period, Mike has written or edited more than 4,600 articles on the subjects of fleet management, manufacturer fleet activities, the fleet leasing industry, and vehicle remarketing.

» More

ARCHIVE SEARCH

Enter keywords to search for:

Fleet Job Finder

Save time and money. Search for fleet jobs. Advance your career. Access our career coaching services

Job Seekers

Post your resume & manage your job search.

Employers

Post jobs & search top quality resumes.

Featured Jobs

News Channels

Industry News Executive Fleet Press Release Leasing Safety-Accident-Management Remarketing Fuel-Management Mobility Green-Fleet GPS-Telematics Software Maintenance Vehicle-Research

Sponsored Links

IBM Smarter Cities Virtual Leadership Forum.
Discover how innovation is being infused into the ways our cities work. Panel discussion from McCarran Airport and the City of Charlotte: drivers and challenges for a smarter, more intelligent transportation system. Click here for more information.

Your Lifecycle Concerns Solved
See why the Volvo V50 and S40 were named Best Fleet Values by Vincentric. Click Here. Click here for details.

Manage Fuel Expenses With A Fleet One Fuel Card
Make the switch for FREE. No application fee. No card fee. No set-up fee. Get 5¢ off per gallon* at Chevron and Texaco locations. Sign up online or call 866-51SALES.
*New customers only, limited time offer.

EZ LUBE FLEET SERVICE
We have the experience you can trust as a preventative maintenance partner. Click here for details.

Flexible & Powerful Fleet Software
Chevin fleet management software - Where flexibility comes standard. Solutions for all types of vehicle and transport operations. Click Here.