OK Factories, Time To Improve Residuals
Now most of you know I've been harping on why the majority of fleet buyers ignore the resale realities of the transaction. Frankly, I've always directed my remarks to the buyers. The charts here point to a different compass point. The manufacturers.
We never know the worth of water 'til the well is dry.-English Proverb
Not everything that can be counted counts, and not everything that counts can be counted.-Albert Einstein
Today we are afraid of simple words like goodness and mercy and kindness. We don't believe in the good old words because we don't believe in good old values anymore. And that's why the world is sick.-Lin Yutang
I'd rather have roses on my table than diamonds on my neck.-Emma Goldman
My interests ran the gamut. They range from hunting and fishing (with my buddies), to music, sports, good dining and fleet people.
In there somewhere is marketing that draws out your best creative thinking from knowing the buying influences to the statistics that record key history.
Now most of you know I've been harping on why the majority of fleet buyers ignore the resale realities of the transaction. Frankly, I've always directed my remarks to the buyers. The charts here point to a different compass point. The manufacturers.
While comparing the six high volume fleet models to the four offered just three or so years ago, keep in mind that many purchases are now "trucks'" to have the numbers make sense.
The obvious thing to do is to pencil in the original cost of that "97 vehicle and find the residual selling price for it in "00. It should shock you if you then compare similar numbers from five to seven years ago. Your company is well aware of the bigger hit.
Factories are aware of these models heavily designed and marketed to fleets. So much so that most sell nearly half of all production to fleets. These huge numbers tend to make the car more "mundane," less desirable at resale and less "special" to the driver.
The average age of corporate America's employees is27. Why not design and sell two badges instead of one? Why not make one model a sharp sports sedan? Get each account with a selector with some excitement for the product and watch the residual point hit the peg.
Manufacturer/Model | Total Fleet | Total Retail | % of fleet vs. toal |
1997 Intermediate Cars | |||
Chevrolet Lumina | 103,436 | 228,451 | 45.3% |
Doge Intrepid | 64,322 | 118,537 | 54.3% |
Ford Taurus | 165,035 | 357,162 | 46.2% |
Mercury Sable | 60,720 | 112,400 | 54.0% |
2000 Intermediate Cars | |||
4-door Chevrolet Impala | 48,055 | 120,174 | 28.6% |
4-doorChevrolet Lumina | 39,600 | 5,544 | 87.7% |
4-door Dodge Intrepid | 69,554 | 71,182 | 49.8% |
4-door Ford Taurus | 172,135 | 178,374 | 49.1% |
4-door Mercury Sable | 34,069 | 56,64 | 37.6% |
4-door Pontiac Grand Am | 43,922 | 74,296 | 37.2% |
More Operations

Managing Fleet Costs in an Era of Permanent Volatility
Fleet operating costs have risen more than 20% since 2020, raising a key question: When does extending a vehicle's service life stop making financial sense?
Read More →
The Next Evolution of Fleet Management: Autonomous Operations
This opening keynote session at the Fleet Forward Conference highlights the future of autonomous driving for fleets.
Read More →
How to Reduce the Total Cost of Risk From Catalytic Converter Theft
A stolen catalytic converter can cost fleets far more in downtime and lost productivity than in repairs. A total-cost-of-risk approach can help fleet managers quantify their exposure and prioritize theft prevention.
Read More →
Personal-Use Charges Rise as Vehicle Values Fall | AF News Recap
Personal-use charges are climbing, wholesale used-vehicle values are declining, and commercial fleet sales growth is slowing. This week, we're breaking down the latest fleet data, plus how Element Fleet Management is helping Waymo prepare for its first Canadian robotaxi market.
Read More →
Here's When You Should Make an Exception to Fleet Policy
Fleet policies are designed to create consistency, but not every driver or situation fits neatly within standard rules.
Read More →
AI-Native or AI-Acquired: What Should Fleet Managers Look for in an AI Platform?
Six questions can help fleet managers look beyond AI marketing claims to evaluate integration, data access, and real-world operational performance.
Read More →
A buyer's guide to fleet management software in 2027
Buying fleet management software in 2027 means looking beyond features and price. As fleet operations, technology and expectations evolve, this guide explores what today’s fleet professionals should consider when choosing a system that can deliver value now and adapt to what comes next.
Read More →
What Will Shape the Next Era of Fleet Management?
EVs, AI, and autonomous vehicles are reshaping fleet management. Discover what’s ahead—and how fleet leaders can prepare for the next era.
Read More →
How Fleets Can Recruit and Train Veterans for Technician Roles
Here's how the technician shortage has affected uptime for fleets, and what to do about it.
Read More →
Avis Budget Group Deploys Neology Toll Management Technology Across Major Brands
Neology’s neoFleet platform will manage toll transactions and toll-authority operations for vehicles across Avis, Budget, Payless, Budget Truck and Zipcar.
Read More →
