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Not every dent, scratch, or mechanical issue is worth fixing before selling a fleet vehicle. Learn how to weigh repair costs, resale value, market demand, and downtime to determine when reconditioning pays off and when selling as-is makes more sense.
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Used-vehicle secondary market price patterns show that auction prices are influenced by seasonal factors. Understanding select concepts and related variables can help fleet managers leverage seasonal trends to maximize value for their organizations.
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This expansion is the result of the Cox Automotive company's rapid success of its UK stock funding program and the positive economic outlook for Ireland.
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Mid-size SUVs from the 2010 to 2014 model years recorded the highest depreciation in August, slipping 3 percent from July to $18,650, while compact pickups increased in value during the month, according to Black Book.
Read More →Copart, Inc., an online vehicle auction company, has announced the opening of its new corporate regional headquarters for the Middle East.
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Certified pre-owned vehicle sales accounted for 22.7 percent of used sales by dealers, setting a record for a single quarter, according to a report by Edmund's.com. Overall, the sale of used vehicles came in strong in the second quarter of 2015 at approximately $9.6 million, growing at a 5.1 percent year-over-year.
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The third-generation 2016 Toyota Tacoma base model SR will carry a retail price of $24,200 when it arrives at dealer lots in the middle of September for about a $3,000 increase over the outgoing model.
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Trucks and SUVs logged the strongest resale value during July in a month that saw lighter depreciation of 1.3 percent for 2010-2014 model year vehicles, according to Black Book.
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In his new role, Waltz will assist AFC in building upon inventory financing opportunities in specialty segments such as RV, powersports, rental, and commercial truck.
Read More →Now, car buyers get complimentary Carfax Vehicle History Reports from subscribing dealers included with their inventory on Carpages.ca.
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Mainstream electric vehicles (EV) are depreciating much faster than their gas sister models, according to new data from Black Book.
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