The Car and Truck Fleet and Leasing Management Magazine

FLD Launches Sales Depreciation Calculator as Educational Tool

May 16, 2006

DELRAY BEACH, FL – FLD, Inc. launched its Sales Depreciation Calculator at the recent annual National Association of Fleet Administrators (NAFA) Fleet Management Institute (FMI) and the Law Enforcement Group (LEG) conference. The Sales Depreciation Calculator utilizes real-time market data from the current and previous year, along with five basic facts about vehicles (make, model, year, number of units, and days to sell), and quickly calculates the dollars lost with each added day. Once that data is inputted into the onscreen calculator, the display information relays how much FLD can save the customer in sales depreciation against today’s available benchmarks, such as the NADA Used Car Guidebook, kbb.com, or Black Book.This new online tool is designed to educate and assist fleet managers in evaluating the efficiency and affordability of their current remarketing process.
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