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Strong new-car sales shouldn't hurt newer model-year fleet vehicles with comparable mileage at remarketing auctions, according to one of the industry's top remarketing analysts.
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Toyota leads automotive brands in resale value with Subaru a close second in Kelley Blue Book's 2014 Residual Analysis Report released Monday.
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According to a new report available from ReportsnReports.com, the Chinese aftermarket is rapidly becoming the key profit center for the country’s automotive dealers.
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As the market adapts to an era of restricted supply, car rental companies hone the process of buying and selling cars to keep fleet costs in line.
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Fleet managers are manufacturers of used vehicles. Many of the buyers of used fleet vehicles are C and D paper buyers. One unintended consequence to companies extending the service lives of fleet vehicles is that it is more difficult for used-vehicle dealers to finance C and D paper buyers in the secondary funding market. The issue, from the perspective of the finance company, is the remaining life of higher-mileage vehicles.
Read More →SOUTHFIELD, MI - With 354,400 used commercial vehicles registered in the U.S. during the first two quarters of 2010, the total sets a new record for used commercial vehicle registrations in a six-month timeframe and represents nearly 68 percent of the commercial vehicle market.
Read More →SANTA BARBARA, CA - ALG forecasts that the used-vehicle supply will decline over the next few years because of the extensive drop in new-vehicle sales in 2009.
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Rental car operators are increasing their fleet vehicles’ months in service. But do you really have to drive up hold times to survive?
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With Rent A Ride USA, entrepreneur Mike Dabish seized the opportunity to launch a successful rental business aimed at body shop customers.
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