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Fleet operators are facing rising costs in acquisition, insurance, maintenance, and repairs — even as fuel prices dip — forcing a rethink of budgeting and vehicle strategies.
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Volvo’s XC60 and XC90 plug-in hybrid models are stylish, safe, sustainable — and surprisingly fast.
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When creating a cost analysis for EVs, many more variables — including non-vehicle-related expenses — must be considered. How do they stack up to ICE vehicles then?
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In another high profile indicator of consumer EV skepticism, the auto rental giant will sell off the EVs to avoid further financial losses.
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The discounts had an immediate impact on one of the largest fleet owners of Tesla vehicles, at least on paper.
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Pressures assailing the wholesale used-vehicle market are affecting the important “days-to-sales” figures, a source of depreciation losses.
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The average price of a used vehicle for model years 2011-2015 depreciated 1.7% in June, following light depreciation in May. These vehicles fell 15.4% in value from year-ago-levels, according to Black Book.
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Black Book’s recent overview of depreciation rates found that full-size cargo vans held their value in August, performing the best in terms of retention value, and that compact crossovers fell to the bottom of the pack, seeing the highest depreciation rate.
Read More →Black Book released a report on depreciation rates for the month of June, noting that compact cars lead the pack in terms of depreciation for the month.
Read More →WASHINGTON – The IRS has published updated guidelines for 2011 for inflation-adjusted depreciation limits and lease inclusion amounts for passenger vehicles.
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