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Through LeasePlan’s reDrive! upstream remarketing program, powered by Driveitaway, Philips Medical Systems’ fleet has increased net realization by $106,000 as of mid-February 2006, selling 159 vehicles.
Read More →Automotive Lease Guide’s Fleet Residuals model provides fleet managers with accurate used-vehicle value projections based on historical auction resale trends, seasonality depreciation rates, and incentive levels.
Read More →ServiceMaster’s fleet management team uses @Road’s Web-based Mobile Resource Management solution to improve employee productivity by keeping track of drivers.
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What is biodiesel fuel? Produced from vegetable oils, the clean-burning biodiesel can be used in conventional engines with few, if any, modifications and is distributed through existing infrastructures.
Read More →Through Black Book’s Commercial Value Xpress service, fleet managers can now accurately benchmark vehicle resale performance against an industry average index, set at 100 percent.
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If the price of gasoline reaches $3.25 per gallon, it will exceed depreciation as fleet's No. 1 expense, based on today's incentives and residual values. With the $3-per-gallon threshold already shattered, this scenario is not implausible.
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Fleet managers of well-run fleets will tell you it’s getting harder and harder to find significant cost reductions. Many fleets are now expanding their focus to the next tier of cost savings. One area receiving increased attention is parking and toll violations.
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The inventory of used vehicles in the wholesale market continues to lag buyer demand, boosting resale values across the board when compared to sale results same time last year.
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The acute shortage of skilled technicians promises to become more severe in the coming years as vehicles and equipment become more complex. With the increasing integration of computers into automotive design, the skill set required by technicians is ratcheting upward.
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