Tagged used vehicle sales

Dollar Thrifty Increases 2010 Revenue Guidance

September 1, 2010

The car rental company expects corporate adjusted EBITDA, excluding merger-related expenses, to be within $240 million to $260 million for the full year of 2010, an increase of $40 million from the company's previously announced guidance range.

Off-Rental Vehicle Prices Strong Despite Bleak Economic Backdrop

August 25, 2010 in Remarketing

The report from Manheim Consulting reveals the average price for off-rental vehicles increased in July and year-over-year.

Hertz Forms Remarketing Partnership With Dealer Services Corp.

August 25, 2010 in Remarketing

DSC customers will be able to purchase wholesale vehicles directly from Hertz’s national fleet of well-equipped used cars, trucks, and SUVs, by contacting their local sales representative.

Black Book: Wholesale Values Ease

July 14, 2010 in Remarketing

Used-vehicle values continue to be relatively strong in retention based on historical levels, although that strength has eased somewhat in the past month.

Used-Vehicle Supply to Decline, Resale Values to Increase in Coming Years

June 30, 2010 in Fleet Acquisition, Remarketing

The extensive drop in new-vehicle sales last year may cause a decline in the used-vehicle supply, resulting in higher resale values in the next few years.

Unlimited Miles or Mileage Caps

By Jim Schalberg, June 2010 in Rental Operations, Remarketing

To answer this question you must decide: Are you in the used-car business and happen to rent cars, or are you in a rental business that happens to sell cars?

Economy, Cheap Gas Drive Market Demand

June 9, 2010 in Remarketing

Affordable gas prices keep truck and SUV demand high while hybrids soften. The continued negative economic outlook drives strong subcompact and compact values.

Hertz Rent2Buy and Kelley Blue Book Form Partnership

April 23, 2010 in Fleet Acquisition

Online-car shoppers will be able to compare Hertz's vehicle prices with the Kelley Blue Book Suggested Retail Value and search for Hertz inventory on KBB's online-car shopping site The Trusted Marketplace.

ADESA: Used-Car Prices Stay High

March 17, 2010 in Remarketing

Wholesale used-vehicle prices in February averaged $10,138, a 3 percent increase from November 2009 and an 8.3 percent increase from the prior year. This is the first time since July 2009 that average prices have topped $10,000.