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The ongoing tight supply of used vehicles has kept resale values strong and reduced fleet depreciation rates. This is expected to continue through CY-2013. A return to traditional resale values isn’t expected until CY-2014.
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TORRANCE, CA - In a recent Fleet Financials article, the publication’s staff covers the topic of choosing the right sourcing strategy and managing depreciation.
Read More →There are two parts of the depreciation equation: acquisition cost and resale value. The latter gets the lion’s share of attention, but original cost can be managed successfully, and sometimes brings solid cost savings.
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Overall used values were very strong in retention for the first half of 2012. Fleet remarketing teams continued to bring in better-than-predicted returns as they remarket out-of-service vehicles.
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When the recession hit in 2008, instead of increasing the lifecycle of its medium- and heavy-duty trucks, Joy Global began shortcycling.
Read More →Choosing the right amortization rate for leased fleet vehicles will have a positive impact on your cash flow; however, some fleet managers choose to stick with the “standard” rate, which can result in a roller coaster ride.
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The fleet industry is keen on the idea of employee sales, but, surprisingly, there are fleets that don’t pursue this alternative to wholesale, minimizing depreciation and maximizing resale dollars.
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You can’t manage what you don’t measure. There are a number of statistical measures that fleet managers can use to achieve optimum efficiency. Here are 10 of them.
Read More →Fleets can achieve higher resale values by following some basic principles. Fleet remarketing experts share their expertise.
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