Remarketing - Tagged Posts - Automotive Fleet

2019 Depreciation Trends Mostly Met Expectations

Depreciation was low through most of 2019 but saw somewhat of an abrupt acceleration at the start of the fall season. As supply and demand continues to be strong, the outlook for depreciation in 2020 is cautiously positive.

Hit Your 2019 Financial Goals by Divesting Unused Vehicles

As the year comes to a close, many fleet operators are scrambling to hit their 2019 budget goals and position their business for success in 2020. But don’t overlook your excess vehicles and equipment in your search for a solution.

Jeep Wrangler Again Tops Residual Value List

Jeep's four-door Wrangler has placed at the top of a list of 10 vehicles that retain the highest percentage of their value over a five-year period, according to the latest report from iSeeCars.

Used Fleet Vehicles Fall 1.6% in September

The value of former fleet vehicles sold at physical auctions and through other wholesale channels fell 1.6% in September compared to August but were 0.9% higher than a year ago, according to commentary by KAR Global's chief economist.

Used Fleet Vehicles Fell 1.5% in August

Used fleet vehicles that sold at wholesale fell 1.5% to $13,603 in August from July, but remained up 1.2% when compared to the same month a year ago, according to Tom Kontos, chief economist for KAR Auction Services.

Q&A: Manheim's Grace Huang Looks Ahead

Manheim's president who oversees the inventory solutions unit offers thoughts on fleet mobility services, bringing artificial intelligence to inspections, and the company's diversification strategy.

4 Trends That Will Affect Your Resale Value

Change is constant in the remarketing industry, and 2019 continues to see new trends emerge. Here are four trends that remarketers should have on their mind.

Used Fleet Vehicle Values Increase 4.1% This Year

The value of used fleet vehicles sold in wholesale channels increased 0.4% to $13,812 in July and are now up 4.1% through the first eight months of 2019, according to Tom Kontos, chief economist for KAR Auction Services.

Wholesale Vehicle Market Remains Stable

Depreciation among car and truck segments improved slightly last week, but overall remains fairly stable, according to Black Book's July 29 Market Insights report.

Used Vehicle Retention Index Ticks Up in June

Black Book's latest Used Vehicle Retention Index for June (115) shows a 0.6% increase from May (114.4), which reflects an incremental improvement in used vehicle values.