As a fleet operator, your primary goal is to keep your vehicles on the road, supporting your business, while remaining within budget. Unfortunately, unforeseen obstacles can wreak havoc on your operating budget and 2019 was certainly filled with a number of speedbumps that would test even the most seasoned fleet manager.
For many organizations, trade tariffs, economic uncertainty, and fundamental shifts in your business likely inflated operating expenses in 2019. Now, as the year draws to a close, senior leadership may be looking to you to help get the budget back on track. The good news is there’s still time to help your business achieve its financial goals and your unused vehicles and equipment may hold your answer.
What if you could quickly and easily dispose of your excess vehicles and equipment to get them off your books before the end of the year? By divesting these units, you can generate additional cash flow that goes straight to your organization’s bottom line and avoid carrying unnecessary depreciation into 2020.
The clock is ticking but there's still time to deliver meaningful results for your organization before 2019 comes to a close.
Find Your Hidden Gems
Understandably, many businesses place so much emphasis on the first two phases of a vehicle’s lifecycle, acquisition and operation, that the final phase, remarketing, is often neglected. As a result, unless you strictly adhere to holistic cycling best practices, you likely have a few units gathering dust in the corner of your facility, taking up space and depreciating day by day.
Whether its vocational trucks with complex upfitting or commercial equipment such as forklifts or trailers, all too often these units sit idle once they reach the end of their lifecycle. While these assets may have reached their useful end for your organization, they have not lost their value entirely and in most cases, these unused vehicles and equipment are worth more than you think.
As the year comes to a close, now’s the time to uncover these hidden gems and dispose of them to generate additional revenue that can be infused into your budget. To get started, here are a few areas to explore in your search for opportunity:
Now, with an inventory of expendable resources in hand, you’re ready to begin generating revenue that will help propel your business forward as you look towards 2020. But determining the best way to get the highest value for your vehicles can be a complex, time-consuming process.
Find Your Remarketing Partner
Whether it’s finding the ideal sales channel, navigating reconditioning decisions, determining pricing tactics, or managing logistics, these are tasks that take you away from your core strategic responsibilities. You need a remarketing partner that will help you generate the highest sales price possible in the shortest amount of time while also eliminating your administrative burden.
For most organizations, the ideal remarketing partner will:
- Develop a holistic strategy with innovative solutions that align with the needs of your business
- Provide a seamless, efficient process and manage all logistics to reduce your administrative responsibilities
- Deliver maximum profits by targeting the ideal base of buyers for each unit
- Minimize expenses typically associated with the resale process such as auction fees, transportation charges, etc.
- Supply comprehensive analytics to help you assess performance and adjust to market trends to ensure you’re always getting the best value for your assets
Together with the right remarketing partner, you’ll be able to develop a winning strategy that delivers more options, more flexibility, and ultimately, more value for your vehicles and equipment, helping you make a significant contribution to your organization’s success.
While you still have the opportunity to sell your vehicles and equipment before the end of the year, time is of the essence if you’re looking to impact your 2019 budget and position your business for success in 2020.
Ready for a better return? Contact us today and together, we’ll find a solution for your remarketing challenges.
YOUR FLEET IS AN INVESTMENT. AND IT’S TIME IT PAID OFF.
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