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Used Vehicle Sales

Remarketing During the Pandemic Recovery

While the COVID-19 pandemic slowed remarketing efforts for some fleets and ramped them up for others over the past year, 2021 fleet remarketing is looking better for most everyone. 

Good News and Bad News for Fleets

Find out how the microchip shortage is affecting vehicle sales, how OEMs are prioritizing production, and why there's a demand for used vehicles.

Video: State of the Fleet Industry Week of June 15, 2020

Topics mentioned in today's video includes the reopening of all OEM assembly plants; fleet sales in May 2020; a decline in fleet operating costs; the declining supply of used vehicles in the wholesale market; and industry conferences moving to a virtual format

Used Vehicle Sales Fall 3% in June

The used industry's seasonally adjusted annual rate (SAAR) was 39.8 million during June, down from the 41.1 million SAAR from the same time last year, according to Cox Automotive estimates.

The $500 Car

If you are like most fleet managers, you establish a depreciation schedule when you put your vehicles in service and probably never think about it again until it’s time to pull it out of service and send it to auction. Maybe it’s time you took a more active view toward managing depreciation.   

Online Auction Sales Marched Higher in 2018

Online sales of used vehicles in the wholesale market likely exceeded 2 million in 2018, as remarketing technology made it easier for dealers to evaluate, bid, and buy vehicles beyond physical auction locations.

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