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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.

It’s Not Too Late to Sell Fleet Vehicles This Year

It’s Not Too Late to Sell Fleet Vehicles This Year

A combination of new tax laws and a stable resale market has created financially favorable conditions for fleet purchasing, which will certainly help organizations looking to keep drivers happy in a competitive economic environment.

Fleet Incentives

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

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.

News

Vehicle Loss From Florence Expected to Reach 20,000

Hurricane Florance damaged or destroyed between 20,000 and 40,000 vehicles, experts said.

After the heavy rains brought by Florence to the Carolinas stopped, estimates about the number of vehicles that were destroyed by the storm began to roll in that made it clear the storm would have far less of an impact that the pair of storms that reached Texas and Florida a year ago.

News

Hurricane Florence Closes N.C. Auctions

At least two auctions curtailed operations as Hurricane Florence moved through the the Carolinas.

Several North Carolina used vehicle auctions closed as a result of Hurricane Florence sweeping into the state, while others shifted to online sales or delayed on-site sales.

Fleet FAQ

Executive Vice President of eDriving

Ed Dubens

Executive Vice President of eDriving

https://www.edriving.com/fleet/products-and-services/
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

Article

Used Vehicles Thriving in 2018

Used-vehicle values have performed better year-over-year, despite an off-lease tidal wave in 2018.

Used-vehicle values have held strong this year. A strong economy and more efficient remarketing strategies are helping make 2018 a banner year for used-vehicle values.