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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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Automotive Fleet spoke with Black Book’s Ricky Beggs, senior analyst for the company, about the effect models introduced at the North American International Auto Show (NAIAS) in Detroit will have on used-vehicle values in the future.
Read More →LOMBARD, IL - Vehicle relocation company Auto Driveaway is relocating its headquarters to Lombard, Illinois, and will be in its new office as of Jan. 15, 2013.
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Automotive remarketing was born in 1938. Since then, it has evolved with the times.
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WESTERVILLE, OH and COMMERCE CITY, CO - FlexCo Fleet Services and Hourglass Management want to wish their customers and potential customers a safe and prosperous 2013.
Read More →SOUTHFIELD, MI - Polk said new-vehicle introductions will rise in 2013, with 43 launches planned. This is a 50% increase over the number of new models launched in 2012.
Read More →TORRANCE, CA - Each year Automotive Fleet takes a look back at the most-read articles from the magazine on its website. For 2012, global fleet management heads up the list, but articles on controlling and reducing costs were popular topics.
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ATLANTA - Don Meadows, president and CEO of AutoIMS passed away Dec. 10, 2012 from a presumed heart attack. He was 61.
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The ongoing tight supply of used vehicles has kept resale values strong and reduced fleet depreciation rates. This is expected to continue through CY-2013. A return to traditional resale values isn’t expected until CY-2014.
Read More →GAINESVILLE, GA – Price drops for a number of used-vehicle segments are starting to slow as higher demand for vehicles in the wake of hurricane Sandy is starting to kick in, according to Black Book.
Read More →LOS ANGELES – ALG has announced its 14th annual Residual Value Awards, which recognize vehicles in different segments that the organization forecasts will retain the highest percentage of MSRP after a three-year period.
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