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Used Fleet Vehicles Increase 4.3% in April

Tom Kontos, KAR economist, reported strong wholesale sales of fleet vehicles in April.

Used vehicles from fleet consignors in ADESA sales increased 4.3% to $13,771 in April compared to March, and were up 4.4% from a year ago, according to monthly commentary from Tom Kontos.

Fleet Incentives

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

News

Used Values Decline for Fifth Straight Month

A Black Book index that measures the strength of the used wholesale vehicle market has declined...

Black Book's Used Vehicle Retention Index fell to 113.6 in April, a 0.2% decline from March. Despite the index now falling for five straight months, it is still 1.4% higher than the 112 registered a year ago.

Photo

IARA 2019 Spring Roundtable

At one point of the event attendees who had completed the IARA’s Certified Automotive Remarketer...

The 2019 International Automotive Remarketers Alliance (IARA) Spring Roundtable was co-located with the 2019 Conference of Automotive Remarketing at the Caesars Palace Las Vegas.

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

News

Used Fleet Vehicle Values Rise 2.3% in March

Average wholesale prices for used vehicles remarketed by fleet/lease consignors were up 2.3% on...

The spring / tax season market uptick helped make March a strong month for used vehicle sales, and late-model sedans from fleet leasing consignors continue to outperform their SUV/CUV counterparts, according to Tom Kontos, KAR's chief economist.

News

2019 Depreciation Rate Up Sharply to 15%

In a new report published in partnership with Fitch Ratings, Black Book analysts say a growing...

Black Book analysts forecast an annual depreciation rate of 15% in 2019 as the supply of used cars and trucks increases, up from a "noticeably strong" 12.4% depreciation rate in 2018.