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Following a tried-and-true model for conventionally fueled vehicles, AFVResale.com is giving fleets a selling platform to directly connect with buyers in and out of fleet.
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GAINESVILLE, GA – Black Book issued a report on vehicle wholesale values for the month of September, where the publication noted that import used vehicle values dropped 1.8%, which is 0.4% more than domestic vehicles.
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What can the market expect of wholesale price trends in the second-half of 2012? Relative price stability and strong demand as consumers look to rid themselves of their aging vehicles.
Read More →Fleets can achieve higher resale values by following some basic principles. Fleet remarketing experts share their expertise.
Read More →Today’s high resale values are an anomaly caused by the shortage of used vehicles in the wholesale market due to the extremely low sales of new vehicles during the 2008-2011 timeframe. Nowadays, everyone is a hero when it comes to getting top dollar for their out-of-service fleet vehicles. However, these artificially high prices will ultimately decline as used-vehicle supply increases.
Read More →In the commercial fleet industry, the most common amortization rate used for establishing a depreciation reserve is 50 months. Recently, some major fleets extended amortization rates on new-vehicle orders.
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Selling vehicles “upstream” while still on rent will reduce your days to sale and transportation costs, while exposing your fleet to a wider audience of buyers.
Read More →According to industry analysts, most vehicle segments increased in vehicle depreciation in 2009 due to such factors as extended replacement cycling, shifts in the wholesale vehicle market, and higher capitalized vehicle costs.
Read More →Many companies are wondering whether they are charging enough for personal use. At some companies, this discussion is long overdue. When re-evaluating personal use charges, a common mistake is to focus solely on the cost of fuel. However, doing so ignores the other “hidden” costs of personal use, which have also risen.
Read More →Medium-duty truck sales have declined sharply, as have resale values, due to the recession and the slowdown in new construction. Many fleets are extending service lives, which threatens to increase future maintenance costs.
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