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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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The arrangement will help the five-lane auction develop business and expand further into the national vehicle consignor market.
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According to Vincentric, fleet costs per mile in all five vehicle categories accelerated higher in the first quarter of 2024 compared to the fourth quarter of 2023.
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CAR 2024: Unlike a combustion engine, an EVs long-term value is maintained daily, based on the unique charging habits and battery management of its owner.
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The 2024 Remarketer of the Year and Consignor of the Year bring resumes full of enterprise and experience.
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A list of “R-words” captures the intent behind the alliance’s first new name and look since it was founded in 2001.
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Fleet/lease sales were responsible for the increase in auction volume in the first quarter as dealer sales fell 5.4% YOY and fleet/lease sales rose nearly 29%.
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The charity events included more than 2,000 classic, specialty, and exotic vehicles that raised $86,000 to provide recreational opportunities.
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The average daily sales conversion rate increased to 62.5%, showing that demand improved relative to February.
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The veteran leaders bring a combined 60 years of experience at Manheim and worked their way up through formative roles in auction operations.
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The Automotive Remarketing Alliance recognized a disaster relief fund namesake for his charitable actions and the first-time recipient of a new industry honor, during the Conference of Automotive Remarketing.
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