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Remarketing

News

Examining Used-Vehicle Data Privacy at CAR

Attendees socialize at the CAR exhibit hall in 2017. Photo: Steve Reed.

The 2018 Conference of Automotive Remarketing (CAR) will be comprised of myriad keynote presentations and industry meetings that touch on pressing topics in vehicle remarketing, including a town hall discussion on how data privacy and cyber security threats are impacting the industry.

News

Spring Buying Arrives at Auto Auctions

Courtesy of Black Book.

Vehicle depreciation rates were at the lowest levels seen all year last week, as the effects of the spring market demand begin to kick in, according to Black Book’s Feb. 26 Market Insights report.

News

Fleet Consignor Prices Rise 4.1% in January

Screenshot via KAR Auction Service.

Wholesale used vehicle prices for vehicles from fleet or lease consignors increased 4.1% in January from the prior month, but fell 0.3% from the same month a year ago, according to the latest Kontos Kommentary.

Fleet Incentives

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

News

Late-Model Auction Volume Favoring Cars: J.D. Power

Courtesy of J.D. Power

In a reversal from the new-vehicle trend of trucks overtaking cars in market share, auction volume from the 2015 to 2018 model years favored the car segment in January. Late-model car auction volume accounted for 54% of the auction volume in January while trucks accounted for 46%.

News

Lowest 5-Year Cost-to-Own Vehicles Named

Five General Motors vehicles from the 2018 model year have the lowest cost to own in their categories over a five-year period, while four Toyota or Lexus vehicles also made an annual list from Kelley Blue Book.

News

Manheim's Digital Sales Reach 40% in 2017

Screencap from Manheim video.

In 2017, 40% of vehicles sold at Manheim were purchased through a digital screen versus in-lane, reported Manheim in a recent announcement. This meant that through 2017, 2 million vehicles at Manheim auctions were purchased through a digital transaction.

Fleet FAQ

Executive Vice President of eDriving

Ed Dubens

Executive Vice President of eDriving

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

Jack Firriolo

Chief Operating Officer

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

Used Vehicle Retention Weakens in December: Black Book

Used Vehicle Retention Weakens in December: Black Book

An index that tracks wholesale used vehicle values fell in December for the first time in four months at a time when the used vehicle market typically shows some weakness. It also reinforced 2017 as a growth year for used vehicle sales.

Article

2017 Fleet Depreciation Aided By Hurricanes

Photo courtesy of istockphoto.com/3alexd.

Typical seasonal highs and lows were disrupted this year due to a run of natural disasters destroying hundreds of thousands of vehicles and causing a surge in replacement activity. Overall fleet depreciation improved this year.