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Photo of 2013 Chevrolet Express van courtesy of GM. 2014 Depreciation Expenses by Segment
Overall, depreciation is lower than pre-recession levels for the fleet vehicle market, with average months-in-service and mileage decreasing year-over-year.
With the completion of the current orders for the 2015 Chevrolet Express (pictured) and GMC Savana 1500 series units, the transition to the European-styled units is complete. 2015 Resale Forecast for Full-Size Vans
The used full-size van market has remained strong throughout 2014, but it is expected to decline in 2015. Part of the reason for the strength of the used van segment is the discontinuation of traditional U.S.-style vans by OEMs as the new European-style vans are released.
The total light-duty truck market (which includes vehicles such as the Ford F-150) depreciated by 10 percent and the full-size pickup segment depreciated by 4.9 percent. Photo courtesy of Ford Motor Co. 2015 Resale Forecast for Light-Duty Trucks
The full-size pickup fleet segment depreciated by only 4.9 percent over the past 12 months; however, this rate is unlikely to continue into 2015.
The Ford Fusion topped the volume list of cars in the fleet sedan market during the third quarter of 2014, according to Black Book's fleet data. 2015 Resale Forecast for Passenger Cars
Although the overall fleet vehicle market depreciated by 12.1 percent over the previous year, the depreciation rate for cars was 14.8 percent and is expected to increase in 2015.
Photo by Chris Wolski. 2014 Conference of Automotive Remarketing Recap
The 19th annual Conference of Automotive Remarketing (CAR) changed venues this year to the Paris Las Vegas Hotel. Perhaps reflecting this change, most of the sessions and events looked to the future of the remarketing industry.

Remarketing News

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Photo via Wikipedia.
ADESA Exits Multiplatform Online Auction Initiative
ADESA will not participate in an automotive remarketing industry initiative to establish a platform that would allow simultaneous bidding on vehicles listed on multiple online auction sites.
Photo courtesy of Ricky Beggs.
Ricky Beggs Retiring From Black Book
Ricky Beggs will retire from Black Book on April 1 as one of the leading authorities in the vehicle remarketing industry after a 34-year career with the used-vehicle data provider.
Photo of 2013 Chevrolet Tahoe courtesy of GM.
Domestic Cars Outperform Trucks in January Depreciation
Full-size cars finished January with the strongest retention value in a month that saw used vehicles depreciate 1.2 percent, according to Black Book's monthly report.
Photo via Wikipedia.
Vehicle Depreciation to Accelerate in 2015
Last year the depreciation rate on used vehicles reached 12.1 percent, which was lower than the initial forecast. For 2015, depreciation levels are expected to hit 14.5 percent, according to a new report from Black Book and Fitch Ratings.
Photo of 2015 Subaru Legacy by Vince Taroc.
2015 Mid-Size Sedan Residual Values to Slide
By Paul Clinton
A crop of 2015 model-year mid-size sedans that offer greater fuel efficiency and more safety features than ever before are expected to return less residual value to buyers in part due to higher supply volumes, according to a Black Book forecast.
FLD Launches OnceOVR Pro Remarketing App
FLD, Inc. has launched the OnceOVR Pro mobile app, an extension of OnceOVR that was released earlier this year on iTunes, Google Play and Amazon for download at no charge.
Photo of 2013 F-150 Limited courtesy of Ford.
Used Vehicles Depreciate 12.1 Percent in 2014
Used vehicles fell 12.1 percent in value during 2014, which represented a slight improvement from 2013, which saw a 12.8 percent depreciation, according to Black Book.
Texas Plumber's Truck Reaches Syrian Front Lines
A Texas plumber's Ford F-250 has found a second life as a vehicle used on the front lines of the Syrian Civil War.
Photo via Wikimedia.
Chrysler Group Changes Name to FCA US
The Chrysler Group has changed its official name change to FCA US, the company announced on Dec. 16.
Photo of 2013 Corolla courtesy of Toyota.
November Used Vehicle Depreciation Reaches 1.9 Percent
The average price of a used vehicle fell 1.9 percent in November from the prior month led by steeper-than-expected declines by full-size pickups, according to Black Book.

Research and Best Practices

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