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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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A veteran fleet manager turned electric vehicle consultant has developed some first-hand, first-step insights working with larger fleets and auctions.
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Finding the right product at the right price is more challenging for used vehicle buyers today, amid higher interest rates and recession fears.
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CAR 2023: The two sides of a successful wholesale vehicle transaction confronted some difficult conversations and assumptions about doing business.
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The average price likely will stay relatively high since few new vehicles were sold in recent years and little leasing was done.
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Post-pandemic pent-up demand is moving into the automotive market. Strong sales growth into fleets strengthened April numbers.
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For the second month in a row, average transaction prices undercut manufacturer's suggested retail prices, reversing a prior 20-month trend.
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Major automakers appear to be preemptively pulling the fleet lever to stymie any significant increase in retail inventory.
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Conditions have shifted to favoring buyers; but with tight supply, the market is close to a balance between buyers and sellers.
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Leading fleet management and remarketing companies call out their best performing auction partners across the U.S.
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Analysis: Consumers are repairing vehicles and holding them longer to avoid historically high used-car prices. The real question is: How long will used inventory remain tight and prices above normal?
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