Automotive Fleet
MenuMENU
SearchSEARCH

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."

Ed Bobit
Ed BobitFormer Editor & Publisher
November 1, 1971
3 min to read


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."

Ad Loading...

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.

Ad Loading...

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.


Subscribe to Our Newsletter

More Operations

A blue Automotive Fleet graphic representing the weekly AF News Recap series.
Operationsby Faith HowellMay 4, 2026

From Waffle House to AI: Fleet Trends You Need to Know

In this AF news recap, host Faith Howell covers how Waffle House stepped up during disaster response and new AI tech on the market.

Read More →
OperationsApril 30, 2026

Fleet Operations in the Age of AI: Navigating Ethical and Legal Challenges

AI is no longer a future concept for fleets—it’s already embedded in the tools, data, and decisions that operators rely on every day. In this episode of the Fleet Forward Podcast, recorded live at Fleet Forward, industry leaders take the conversation beyond hype to examine what responsible AI adoption really looks like in fleet operations.

Read More →
OperationsApril 30, 2026

Factory Installed vs. Aftermarket: Choosing the Right Telematics Path & Managing the Data

As fleets rethink how they capture, manage, and act on vehicle data, telematics is at a major inflection point. In this episode of the Fleet Forward Podcast, we dive deep into one of the most pressing questions facing fleet leaders today: Should you rely on OEM factory-installed connectivity, aftermarket devices, or a hybrid of both?

Read More →
Ad Loading...
OperationsApril 30, 2026

What Real-Time Data Reveals About EV Cost, Performance, and Scalability

Experts from telematics analytics, fleet-as-a-service operations, and national EV benchmarking share how real-time data is reshaping fleet strategy—dispelling assumptions, validating best practices, and exposing costly missteps.

Read More →
OperationsApril 30, 2026

Planning Through Policy Shifts: What Fleets Must Track in 2026

A powerhouse panel featuring experts from the American Automotive Leasing Association, CalSTART, and municipal fleet leadership dives into the realities of navigating shifting emissions rules, regulatory waivers, federal agency actions, the future of the EPA’s endangerment finding, and the push for unified standards. They also examine the impacts of tariffs, autonomous vehicle policy, battery innovation, and the accelerating global EV market.

Read More →
OperationsApril 30, 2026

Managing Market Turbulence with Strategic Fleet Insights

This episode kicks off with a deep dive into the technologies and market forces reshaping today’s fleet landscape. Host Chris Brown is joined by Laolu Adeola (Leke Services), Tyson Jomini (J.D. Power), and Richard Hall (ZappiRide) to break down real-world data, shifting incentives, and practical strategies fleet leaders can use right now.

Read More →
Ad Loading...
Clipboards with flooded cars in background.
Disaster Responseby Chris BrownApril 30, 2026

Adapting Fleet Policy When Disasters Strike

In the middle of natural disasters fleet managers must shift priorities to protect people and assets. What policy items should be loosened, and when should the line be held?

Read More →
OperationsApril 24, 2026

EV Reality Check: How Fleets Are Managing Policy Shifts, Safety, and Scaling Challenges

In this episode, fleet leaders from municipal, university, and private-sector organizations share a candid EV reality check. From infrastructure setbacks and policy whiplash to grant funding, total cost of ownership, and charging resiliency, this conversation dives into what it actually takes to scale electrification in the real world.

Read More →
2019 Automotive Fleet Hall of Fame inductees Joe LaRosa Bob Miesen Bud Morrison Theresa Ragozine portraits
Operationsby StaffApril 21, 2026

Fleet Hall of Fame Honorees Through the Years

A running list of the fleet industry’s most influential leaders, recognized for their lasting impact on commercial fleet management.

Read More →
Ad Loading...
Operationsby Chris BrownApril 20, 2026

2026 Salary Survey: Six-Figure Fleet Manager Salaries Become the Norm

After a decade of lagging compensation, fleet manager pay is climbing. But expanding responsibilities, larger fleets, and growing complexity continue to redefine the role.

Read More →