Economic Slowdown Causes Fleet Resale Values to Decline
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.
How Will Future Residual Values Impact Hybrid
While hybrids can reduce fleet fuel expense, the two other major fleet expenses — maintenance/repair and depreciation — must also be considered to determine if hybrids are the answer to reducing overall fleet costs.
Remarketers Hold Roundtable in Cincinnati
The International Automotive Remarketers Alliance (IARA) 2007 Summer Roundtable featured a field of strong presenters on such topics as salvage vehicle appraisal, performance metrics, grading scale and inspections, and data mining.
Car 2007 & IARA Conferences Cover Remarketing Industry
Drawing nearly 500 attendees, this year’s remarketing conference,
CAR offered an array of presentations and networking opportunities.
The IARA Winter Roundtable sessions covered reconditioning and salvage
vehicle remarketing.
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