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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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McLEAN, VA - The National Automobile Dealers Association is projecting increases in used-car prices for luxury and import brands, and for pickup trucks.
Read More →TORRANCE, CA - After super storm Sandy, the used-car market is about to see changes that will slow down vehicle resale value depreciation and possibly even push up prices in some categories, according to Black Book’s Senior Analyst Ricky Beggs.
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DELRAY BEACH, FL - Fowler previously served as transportation manager and sales rep for the company, overseeing both national and international fleets.
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MT. ARLINGTON, NJ - Matt Marks, long-time executive director of IARA, passed away Sunday, Oct. 28 from a heart attack.
Read More →GAINESVILLE, GA – Black Book reported an overall improvement in used cars over the past week, with the average segment change being -$61, the lowest decline in the past 10 weeks.
Read More →TROY, MI – PPG Industries released the results of a survey of automotive color paint color preferences. PPG broke out its global survey on a regional basis, in addition to providing overall data.
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CHARLESTON, SC - American Auto Auction Group, LLC (AAAG) is pleased to announce the acquisition of Auctions In Motion, Southern California’s renowned independent auction leader.
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GAINESVILLE, GA – Black Book issued a report on vehicle wholesale values for the month of September, where the publication noted that import used vehicle values dropped 1.8%, which is 0.4% more than domestic vehicles.
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It is an axiom that selling fleet vehicles to employees is a critical part of managing depreciation. Fleet managers use a number of methods to determine price, but should they be willing to negotiate?
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A used company vehicle in poor condition, because of driver abuse or neglect will result in lost resale value. Fleets that have clearly articulated policies about vehicle upkeep and misuse receive a better quality product to remarket.
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