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Remarketing

News

Used Fleet Vehicle Values Rise 1.9% in January

Off-lease fleet vehicles continue their strong wholesale run, according to ADESA's chief...

The average sale price for used vehicles from fleet leasing consignors increased 1.9% to $12,706 in January from the prior month and 3.9% from January of 2018, according to Tom Kontos, KAR's chief economist.

News

Manheim Auctions See Used Values Grow in January

This growth was in large part fueled by the strong performance of lower-priced vehicles. Compact...

This growth was in large part fueled by the strong performance of lower-priced vehicles. Compact cars and midsize cars, in specific, saw the strongest growth among all vehicle segments and outperformed the overall market.

News

Online Auction Sales Marched Higher in 2018

Digital vehicle sales growth in the wholesale channel has been partly driven by technological...

Online sales of used vehicles in the wholesale market likely exceeded 2 million in 2018, as remarketing technology made it easier for dealers to evaluate, bid, and buy vehicles beyond physical auction locations.

Fleet Incentives

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

News

Used Fleet Vehicle Values Increased 6.2% in 2018

Fleet consignors saw a 6.2% increase in values in December compared to a year ago, in what was...

The average prices for used fleet vehicles sold at auction increased 6.2% to $12,464 in 2018, despite a weaker finish to the year that saw a 0.4% decline in December, according to Tom Kontos, KAR Auction Services' chief economist.

News

ALG Projects 17M New Vehicles Sold in 2019

ALG forecasts that 17 million new vehicles will be sold in 2019. This would be a slight decline...

Vehicle manufacturers will sell 17 million new vehicles in 2019, which would represent only a 1.3% decline from a year that recorded a third consecutive year of more than 17 million new vehicles sold, according to Oliver Strauss, chief economist for TrueCar’s ALG.

Fleet FAQ

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
Associate Vice President, Strategic Partners

Sherry Calkins

Associate Vice President, Strategic Partners

https://www.geotab.com/

News

Wholesale Vehicle Prices Soften in November

While overall wholesale prices weakened in November, fleet vehicle values increase 4.6%.

Overall average wholesale prices softened in November from a year ago mostly due to 2017 prices that were elevated due to increased demand from hurricanes Harvey and Irma, even though values of former fleet vehicles increased, according to Tom Kontos, KAR Auction Services' chief economist.