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Alex Yurchenko of Black Book discusses the current state of the used-vehicle market, whether used-vehicle pricing has peaked, and forecasting the market going into 2022 in this State of the Fleet Industry Spotlight.
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The International Automotive Remarketing Alliance (IARA) Canada announced winners of the 2021 IARA awards, including Remarketer on the Rise, Remarketer of the Year, Industry Icon and Vendor/Supplier.
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Are used-vehicle prices finally decelerating? Find out this and how much of an impact used-vehicle prices are having on the rest of the market in this episode of State of the Fleet Industry.
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Today’s used-vehicle market is the best it’s been in the history of fleet management and my anecdotal forecast is for it to remain strong through the balance of 2021 and into calendar-year 2022. As a result of these favorable market conditions, some fleets have begun shortcycling some of fleet vehicles.
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Hear what fleet managers are saying about vehicle availability constraints, how their extending vehicle service lives, and the used-vehicle market in this episode of the State of the Fleet Industry.
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Learn about how the fleet market is on the rise in 2021, what other microchip companies think about the ongoing delays, as well as what's fueling the surge in the used-vehicle market.
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Wholesale used vehicle prices increased 0.07% month over month in November, bringing the Manheim Used Vehicle Value Index to 162 a 16.6% increase from a year ago.
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Wholesale used vehicle prices increased 0.47% month-over-month in October, bringing the mid-month Manheim Used Vehicle Value Index to 161.9, a 15.4% increase from October 2019.
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Wholesale used vehicle prices increased 0.9% in the first 15 days of October compared to the month of September, bringing the mid-month Manheim Used Vehicle Value Index to 162.7, a 16.0% increase from October 2019.
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iSeeCars.com analyzed over 8.5 million used car sales across the three dealer types and found that rental car dealers consistently provide the greatest savings, while local dealerships are priced close to market value and virtual dealerships are priced above market value.
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