Remarketers Forecast the 2020 Used Market
The outlook for the 2020 used market is positive, at least according to three remarketers from three fleet management companies.
January 2, 2020
The outlook for the 2020 used market is positive, at least according to three remarketers from three fleet management companies.
January 2, 2020
Fleet data collected in 2019 found that depreciation expenses for most vehicles went down in 2019.
January 1, 2020
Five of the most widely used vehicle segments among light-duty fleets saw relatively low depreciation in 2019.
December 30, 2019
CUV/SUVs saw year-over-year declines to their wholesale values, but are still performing well due to continued demand for these segments and cheap gas prices, but an inflection point is approaching.
December 13, 2019
Through the 12-month period ending in June 2019, overall manufacturer incentive spend has declined, and the strength of fleet sales this year has been a big reason why.
August 26, 2019
Overall used vehicle values are at strong levels. Crossover values are holding steady but there is cause for concern in the near future. Sedan values are expected to improve or stabilize as more crossovers enter the market.
August 26, 2019
Sedan wholesale values are expected to improve as more SUVs and crossovers return to the used market. Meanwhile, SUV and crossover wholesale values are beginning to decline
May 23, 2019
The Federal Reserve has voted unanimously that it would not hike interest rates any further for the remainder of 2019.
March 25, 2019
Prices and volume are not expected to plummet in 2019, but industry experts seem to feel that the best-case scenario will be a plateau, and more realistically, will fall slightly.
January 18, 2019
Deprecation was low through most of 2018. Segments such as sedans performed better than they have in years past, while trucks and SUVs continue to retain their values well.
November 30, 2018
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.
October 22, 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.
August 29, 2018
The first half of 2018 has been a strong year for used vehicle values, and growth in upstream remarketing is playing a helpful role.
August 10, 2018
Fleet mainstays such as pickups and vans are expected to perform well at wholesale this year. Higher-end vehicles, such as those found in executive fleets are expected to struggle.
March 28, 2018
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.
January 1, 2018
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