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News

Used Fleet Vehicle Prices Fell 2% in October

The average price of fleet vehicles sold at auction in October fell 2%.

The average price for used fleet vehicles fell 2% at auction in October, but remained 6.1% higher than a year ago amid a strong month for wholesale prices, according to Tom Kontos, KAR Auction Services' chief economist.

Fleet Incentives

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

News

Used Truck Prices up 9% Over Last Year

Used truck prices are up month over month and year over year.

Record-setting orders for new Class 8 trucks are apparently not creating a used-truck glut, if used-truck prices are any indication. However, the growth in prices is expected to slow.

News

Sedan Wholesale Values Strengthen Through 2018

Prior to 2018, sedans at auction had experienced three years of consecutive value declines. For...

Prior to 2018, sedans at auction had experienced three years of consecutive value declines. For sedan-heavy fleets, this may have meant an impact to total cost of ownership for those vehicles, as profits from remarketing them would have suffered. Now companies with sedan-heavy fleets may be finding that a window of opportunity to remarket those vehicles for better profit has emerged.

News

Used Fleet Vehicle Values Fall 1.6% in September

Used fleet vehicle values moved lower in September along with the broader wholesale market.

Vehicles from fleet consignors followed the broader used-vehicle market downward in September, as wholesale prices struggled to keep up with last year's hurricane-driven demand and a now robust upstream market, said Tom Kontos, KAR Auction Services' chief economist.

News

These Vehicles Retained the Most Value

The Jeep Wrangler retains the most value after five years of ownership, according to a new...

Six pickup trucks made the top-10 list of vehicles that retain the highest percentage of their value after a five-year ownership period, along with two Jeeps, a Subaru, and the Toyota 4Runner. At the other end of the spectrum, the Nissan Leaf saw the highest depreciation over the same period.

Fleet FAQ

Vice President

Tom Coffey

Vice President

http://www.merchantsfleetmanagement.com/
Vice President of Product Management, Verizon Connect

Erin Cave from Verizon Connect

Vice President of Product Management, Verizon Connect

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

Bernie Kanavagh from WEX

Senior Vice President and General Manager

https://www.wexinc.com

News

Auctions Return to Business Following Florence

The area of Carolinas affected by Hurricane Florence is less densely populated than storms that...

Used-vehicle auctions have started resuming regular business hours following the effects of Hurricane Florence, which had less of an impact on the U.S vehicle market than Hurricanes Harvey and Irma in 2017.