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After a steeper decline to start 2014, depreciation is expected to settle into the range of 1% to 1.5% per month for the rest of the year.
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In the right situations and with the right fleet planning, car rental operators can save up to 20% on depreciation costs with used fleet.
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Fleet Professionals have to not only be able to please executives, but also adhere to the company's bottom line when managing an executive fleet.
Read More →The dynamics in today's market are eerily familiar to the resale value softness that occurred in the last decade. It appears that we are on the same trajectory, with off-lease volumes peaking in 2016.
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To get the most value from a used truck, fleet managers looking to auction their units should do a little research and be thoroughly prepared.
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Many of the dynamics in today’s market are eerily familiar to the resale value softness that occurred in the last decade, which ultimately peaked in 2002. At that time, year-over-year increases of off-lease vehicles entering the wholesale market exerted downward pressure on resale prices. It appears that we are on the same trajectory, with off-lease volumes peaking in 2016. What are you doing to prepare for these different market dynamics?
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ARI will host a webinar highlighting best practices in vehicle remarketing, giving fleet personnel the opportunity to explore and discuss various vehicle remarketing strategies to help determine the best options for their fleet.
Read More →With mpg improving with each new model and prices at the pump receding, some are forgetting the more expensive depreciation cost.
Read More →Remarketing through multiple online platforms is not a question of "if," but "when." Standardization is the next step.
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Emkay Inc. has promoted John Elizaga to director of vehicle remarketing.
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