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LOS ANGELES – Overall hybrid sales have dropped significantly as a result of the nationwide decline in gasoline prices, with used-hybrid values falling over 25 percent since last summer.
Read More →Toyota's Certified Used Hybrid Program provides added inspection and warranty coverage for customers with used Toyota hybrids.
Read More →The troubled economy and depressed wholesale market are making it doubly tough for fleets looking to go green. But there are ways of coping with both.
Read More →We are currently in the midst of the worst used-vehicle market in the past 25 years. Year-over-year prices declined every month in 2008; however, wholesale prices did improve the first 10 days of January. Despite this, many fleets now find that the depreciation rates established 24-36 months ago are insufficient for today's resale market. In many cases, resale values of fleet vehicles are significantly below the remaining book value. Here's a forecast for what lies ahead in the wholesale market.
Read More →The methods employed vary, for there is no universal best way to dispose of cars
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