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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 International Automotive Remarketing Alliance (IARA) has announced that it will be transitioning its 2020 IARA Summer Roundtable Conference to be the 2020 IARA Virtual Summer Roundtable.
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Topics mentioned includes the state of the wholesale used-vehicle market; how an increase in employment will boost demand in the used-vehicle market; and sales activity at auctions starting to pick up.
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Wholesale used vehicle prices increased 8.96% month-over-month in May 2020, bringing the Manheim Used Vehicle Value Index to 137%, which is 1.9% lower than it was at the same time in 2019.
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The COVID-19 pandemic is still plaguing the light vehicle market, but May’s sales pace is still expected to be a giant step forward on the path to recovery.
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The International Automotive Remarketers Alliance (IARA) will host its third webinar in its 2020 Road to Recovery series, titled “Adjusting to the New Normal,” on Friday, June 5, 2020.
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Today, Automotive Fleet is hosting its fifth webinar on the COVID-19 pandemic titled “Remarketing Strategies to Survive the COVID-19 Pandemic."
Read More →According to Manheim, wholesale used vehicle prices increased 5.74% in the first 15 days of May compared to the month of April. New and used retail vehicle sales show substantial gains from March’s free fall.
Read More →The International Automotive Remarketers Alliance (IARA) will host a webinar on May 22, 2020 titled “Opportunities Discovered," which will focus on the current actions of mega dealer groups and expected buying patterns in the near future.
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The Automotive Fleet & Leasing Association (AFLA Canada) held a webinar on Thursday, May 7, 2020 on the Canadian fleet market titled "The Impact of the Recent Economic Downturn on Vehicle Depreciation: What Fleets Need to Know.”
Read More →The International Automotive Remarketers Alliance (IARA) will host three webinars designed to support the vehicle remarketing industry, with the first one scheduled for Friday, May 8, 2020.
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