THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
Search Close Menu

Encyclopedia

Browse

or

Consignment

Share with Facebook Share with Twitter Share with LinkedIn Share by Email

In the fleet industry, the term consignment is generally used in reference to a vehicle asset that is owned by one party but is in the hands of another party, often for remarketing purposes. As an example, when a fleet vehicle is remarketed by a leasing company, an auction company can handle the sale of the used vehicle at its facility on behalf of the leasing company. In this case the leasing company still owns the vehicle, but because the auction company is handling the storage, transfer, and sale of the vehicle, the vehicle is considered to be consigned. Another example would be a car dealership selling a used vehicle on behalf of a vehicle owner.

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Fleet FAQ

Fleet FAQ? Fleet Safety & Risk Management

As a 14-year CEI veteran, Brian Kinniry is the driving force behind the company’s...

Senior Director, Strategic Services

Brian Kinniry

Senior Director, Strategic Services

http://www.ceinetwork.com
Associate Vice President, Strategic Partners

Sherry Calkins

Associate Vice President, Strategic Partners

https://www.geotab.com/
Vice President

Tom Coffey

Vice President

http://www.merchantsfleetmanagement.com/
Senior Vice President and General Manager

Bernie Kanavagh from WEX

Senior Vice President and General Manager

https://www.wexinc.com