OUR OTHER FLEET SITES

By Mike Antich & Lauren Colin

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.

Tags: floor prices, guidebooks, online auctions, remarketing, resale

By Paul Fortin

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.

Tags: depreciation, Hybrid, lifecycle, maintenance, residual values

By Staff

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.

Tags: IARA, remarketing, roundtable

By Chad Simon

Opting to donate his tax-deductible retired vehicles to non-profit Vehicles for Change (VFC), Century Engineering’s president helped impact the lives of the underprivileged in his community.

By Cindy Brauer

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.

By Shelley Mika

Out-of-service vehicles sitting idle cost companies time, money, and space. New upstream remarketing programs can minimize days to sell and generate savings.

By Bill Bosco

The FASB and IASB have put a new leasing project on their agendas. The outcome will be the creation of one leasing standard applied worldwide. Is this the beginning of the end of off-balance sheet accounting for fleet leases?

It’s been said that a critical fleet function is to ‘produce’ the best used vehicle possible. Here are ‘production’ strategies to help fleet managers turn their raw materials into marketable finished products.

By Cindy Brauer

Vehicle reconditioning, transportation, and arbitration issues were key topics at the remarketing organization’s mid-year conference in San Diego.

By Claire Atkinson

Some claim average returns of $1,000 over wholesale. The tradeoff is the time spent researching pricing, managing listings, and building a reliable reputation.

Tags: Auction, eBay, Remarket

By Gage Wagoner

Through LeasePlan’s reDrive! upstream remarketing program, powered by Driveitaway, Philips Medical Systems’ fleet has increased net realization by $106,000 as of mid-February 2006, selling 159 vehicles.

Tags: Driveitaway, Phillips Medical, upstream remarketing

By Chad Simon

Automotive Lease Guide’s Fleet Residuals model provides fleet managers with accurate used-vehicle value projections based on historical auction resale trends, seasonality depreciation rates, and incentive levels.

Tags: ALG, residuals

By Chad Simon

Through Black Book’s Commercial Value Xpress service, fleet managers can now accurately benchmark vehicle resale performance against an industry average index, set at 100 percent.

The new channel provides employees of GE Commercial Finance Fleet Services customers with easy access to out-of-service vehicles.

Emkay found that its closed-end lease portfolio may be the best customer for its Fleet Exchange program. The company expects to remarket upstream as many as 50 percent of its off-lease vehicles.

The days of paper condition reports are receding rapidly. SGS Automotive Services combines technology with expertise to help fleet managers better manage depreciation.

By Mike Antich

The emergence of online resale guides has prompted some fleet managers to use them as industry benchmarks to measure resale performance. Other fleet managers are now using online sales guides to price employee sales vehicles

By Janis Day Christensen, CAFM

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.

Tags: Auction, salvage

By David Fern

Implementing proactive fleet policies can often produce significant cost savings in the long run. Examine every aspect of fleet operations to uncover expense-cutting opportunities.

By Mike Antich

The aggressive fleet incentives that manufacturers are currently offering commercial fleets present the opportunity to give serious consideration to substituting a compact SUV on a selector in lieu of a traditional intermediate-size fleet sedan, so long as it is capable of fulfilling the fleet application. When you compare lifecycle costs during a 36-month service life, a compact SUV actually has a lower monthly total cost. Interestingly, they are also less expensive at a shorter 24-month cycle.