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Most fleet vehicles are purchased by subprime buyers; however, these buyers are now finding it increasingly difficult to qualify for used-vehicle loans. The slowdown in the construction market is dampening demand for used pickups, and full-size vans.
Read More →LAS VEGAS – The Conference of Automotive Remarketing reports a strong lineup of speakers for the upcoming conference, March 26-27 at Caesars Palace in Las Vegas.
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Follow these common sense strategies before the acquisition decision, during ownership and prior to resale to help you hold the line on residual values.
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Before out-of-service vehicles are remarketed, they must be inspected so potential customers know exactly what they are getting. Professional vehicle inspection companies do the job quickly, easily, and accurately.
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Some claim average returns of $1,000 over wholesale. The tradeoff is the time spent researching pricing, managing listings, and building a reliable reputation.
Read More →Manufacturer retail ‘employee-pricing’ promotions caused a downturn in the used-car market, but car rental companies held cars and weathered the worst of it. Overall, rental companies say they had a positive year in 2005.
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Automotive Lease Guide’s Fleet Residuals model provides fleet managers with accurate used-vehicle value projections based on historical auction resale trends, seasonality depreciation rates, and incentive levels.
Read More →A balanced remarketing plan features multiple disposal channels — not solely auctions. Don't overlook direct sales to local, and not so local, dealers.
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Implementing proactive fleet policies can often produce significant cost savings in the long run. Examine every aspect of fleet operations to uncover expense-cutting opportunities.
Read More →I'm reminded that the word "remarketing" continually gets red-lined by my spellchecker via computerese; so apparently, it's not a Webster-type accepted name generally speaking. Odd in that it's in very common use around here.
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