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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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Anthony Jasiak has worked at operations in New Jersey and South Carolina during the last 25 years.
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All major market segments saw seasonally adjusted prices that were higher year over year in May, except for pickups.
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Broken down, government fleets were up 5.9% YOY, commercial fleets down by 0.1%, and rental fleet volume down 33% from last May.
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The acquisition supports the launch of the EBlock platform in the U.S. Southeast market.
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The 16 auction operations take on the name of America's Auto Auction, which XLerate bought in January.
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Its auction segment began in 2019 and has led the two segments with triple-digit growth for three years .
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The digital auction company is collaborating with Thoughtworks to expand capabilities, accuracy and transparency.
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Prices remained steady at already-elevated levels, and the conversion rate bumped up in March.
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The average listing price at the end of April was $28,365, surpassing the $28,000 mark for the first time since December 2021.
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The trend continues to be much worse now than a year ago when prices were notably lower and incentives were higher.
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