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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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Commercial clients stand to benefit from more streamlined and standardized reporting and timely performance results.
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Tight vehicle inventory continues to vex the auto industry while high prices deter buyers.
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Despite lower production, there are more vehicles ready to be sold due to sales losing momentum since June.
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But sales are declining as car shoppers face limited inventory, high prices and historically low incentives.
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The profit index sets another record high, while the price pressure index increased modestly.
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CPO sales are up 12% versus the same time in 2020 and are marginally above the same period in 2019 when a record-high 1,900,589 units were sold.
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The regional acquisition expands the independent auction group's fixed site and mobile sales portfolio.
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The sales conversion rate also increased last month and ended at a level higher than typical for August, indicating buyers have become more aggressive than they were in June and July.
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August figures show sales into rental increased 118% year over year in August and are up 7% compared to the same time period last year.
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A solution from Tractable accelerates any process in which inspecting a vehicle’s condition is required, from purchasing or selling, returning a rental or lease, to recycling parts at end-of-life.
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