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Used Fleet Vehicle Values Soften in November

Used Fleet Vehicle Values Soften in November

Former fleet vehicles sold by KAR Global's ADESA remarketing unit fell 3.2% in value in November from the prior month but remain 3% ahead of a year ago partly due to a softening wholesale market.

December 16, 2019

Used Fleet Vehicles Fall 0.6% in October

Used Fleet Vehicles Fall 0.6% in October

The values of vehicles sold at ADESA auctions from fleet consignors fell 0.6% to $13,309 in October but remain 2.4% higher from a year ago, according to Tom Kontos, KAR Global's chief economist.

November 12, 2019

Used Fleet Vehicle Values Increase 4.1% This Year

Used Fleet Vehicle Values Increase 4.1% This Year

The value of used fleet vehicles sold in wholesale channels increased 0.4% to $13,812 in July and are now up 4.1% through the first eight months of 2019, according to Tom Kontos, chief economist for KAR Auction Services.

August 23, 2019

Used Fleet Vehicle Values Fall 2% in June

Used Fleet Vehicle Values Fall 2% in June

The average value of used fleet vehicles increased 1.5% to $13,758 in June from May, but remain 4.3% higher than a year ago, according to KAR Auction Services' ADESA unit.

July 17, 2019

Used Fleet Vehicles Increase 2% in May

Used Fleet Vehicles Increase 2% in May

Used vehicles from fleet consignors in ADESA sales increased 2% in May to $14,043 and were 5.5% above a year ago, according to monthly commentary from Tom Kontos, chief economist for KAR Auction Services.

June 19, 2019

Used Fleet Vehicles Increase 4.3% in April

Used Fleet Vehicles Increase 4.3% 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.

May 23, 2019

Used Fleet Vehicle Prices Fell 2% in October

Used Fleet Vehicle Prices Fell 2% in October

The average price for used fleet vehicles fell 2% at auction in October, but remained 6.1% higher than a year ago amid a strong month for wholesale prices, according to Tom Kontos, KAR Auction Services' chief economist.

November 30, 2018

Used Fleet Vehicle Values Fall 1.6% in September

Used Fleet Vehicle Values Fall 1.6% in September

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.

October 18, 2018

Fleet Lease Consignor Prices Up 6.6% in March

Fleet Lease Consignor Prices Up 6.6% in March

Prices for vehicles from fleet lease consignors increased 6.6% in March and are 4.9% higher than a year ago driven in part by a strong spring selling season that boosted the values significantly from February levels, according to KAR Auction Services.

May 11, 2018

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