Ed Bobit's Publisher's Page
During the past month we have seen a substantially larger decline in two-year-old car values. We have seen fewer cars being sold at auction. We have seen the nation's largest fleet-minded wholesalers shun bidding or involvement until "after it all settles down."
After our comments last month on the lack of dependable data immediately available regarding effects of new influences in the used car market, and our summation of predictions by the "experts," indication a mean-type overage loss of $50 to $100 in two-year-old cars, we now find something akin to desperation in the resale market place.
During the past month we have seen a substantially larger decline in two-year-old car values. We have seen fewer cars being sold at auction. We have seen the nation's largest fleet-minded wholesalers shun bidding or involvement until "after it all settles down."
We have even found indecision on the part of rental, leasing, and fleet companies as to whether they should move now on purchases (the new cars are a buy, but what about the used one) or wait until the excise tax reduction and freeze measures are resolved, so that they can see the ultimate result on the used car market.
The buying and selling decisions made in October, November, and December by volume fleet buyers can make the difference between saving or losing millions of dollars. Obviously it is a period of utter frustration for all concerned, and again points up the crying need for better methods to research and predict used car values when new elements enter into the marketplace.
Industry leaders with the respective associations might well consider formulating a workable solution to this problem along with their continued efforts on legislation, safety, and personnel training.
The domestic auto makers are continuing to scratch their respective heads in a effort to decipher the apparent charisma of import cars on our market. Entries by U.S. companies are beamed directly at the VW, Toyota, et al, but the imports are not fazed by this American onslaught.
The import market keeps growing with the only deterrents being dock strikes and lack of production availability. Even the new additional 6.5 percent surtax (totaling 10 percent) apparently will not make a difference in the popularity of foreign models. The major importers have strong distribution with good facilities at dealerships, and are improving their positions each day. Their dealers are simply no getting the number of units they need for waiting retail grosses, a situation that domestic dealers remember from the days of World War II.
It may be interesting to watch developments during the next two years when the majors are assured of greater availability, along with their own inflationary increases in labor rates and the possibility of additional surtax increases.
Should the importers reach that point where retail approaches the saturation level, they have indicated that they will turn to the fleet business. Even today, a number of rental operators are willing to pay near retail tabs for these cars, especially where they are particularly popular (i.e. California) or can be used for price leaders on the daily rental sheet and in advertising.
While original purchase price, resale and a "buy American" attitude may still be influencing factors, it might be quite interesting to see it a percentage of American salesmen will choose a foreign make if given the opportunity.
There seems to be little doubt that the imports do, in fact, represent a future threat to the car fleet market as we know it today. Availability can be predicted to change the marketing strategies for anyone's market.
More Operations

Fleet Has a Talent Pipeline Problem. What Comes Next? | AF News Recap
Where will fleet’s next generation of leaders come from? This week, we’re looking at the industry’s talent pipeline, what certification can add to a fleet career, how to build an award-worthy track record, and the return of Automotive Fleet’s Personal Use Survey.
Read More →
Smith System Launches Driver Risk Management Program
Fleets have more driver data than ever, but identifying risky behavior doesn't necessarily correct it. Smith System's new Driver Risk Management program combines monitoring, training, and follow-up coaching to help fleets connect risk signals with driver intervention.
Read More →
Automotive Fleet Opens 2026 Personal Use Survey for Commercial Fleet Managers
Less than two weeks left! Commercial and corporate fleet managers are invited to share how their organizations handle company vehicle personal-use policies, charges, and driver eligibility.
Read More →
From AI Prompts to AI-Generated Safety Songs | AF News Recap
Can better prompts make AI more useful for fleet managers? This week, we’re breaking down smarter fleet analysis, an AI-assisted experiment that turned safety training into music, and what happened to fuel prices in August.
Read More →
How to Write Better AI Prompts for Fleet Analysis
Include these six elements in your fleet prompts to generate more relevant analysis and accurate answers.
Read More →
Fleet Meets: Eric Kilgore
This edition of the Fleet Meets series features one of the industry's best leaders driving multi-market and national operations.
Read More →
Why Reactive Fleet Management Is Becoming Too Expensive to Sustain
Research highlights a growing need for proactive management strategies to address rising costs in fleet operations effectively.
Read More →
What Your Fleet KPIs Aren’t Telling You
Tracking fleet metrics is only useful when the data leads to better decisions. This guide helps fleet leaders assess cost, utilization, and downtime more accurately, identify performance gaps, and prioritize the actions that can improve operational results.
Read More →
Hidden in Plain Sight: Fleet Compliance Risks
Fleet compliance isn't just about having policies — it's about consistently enforcing them. This practical guide reveals six hidden compliance risks common in public sector and shared fleet operations and outlines proven strategies to improve visibility, accountability, and audit readiness
Read More →
Turning Fleet Payment Data into Executive Insights
Does data alone drive results in operations?
Read More →