Tagged used vehicle sales

Black Book: Are Gas Prices Driving the Market?

Ricky Beggs, managing editor of Black Book, presents the Oct. 31 edition of "Beggs on the Used Car Market." In his weekly video, he discusses the performance of the various car and truck market segments, and the possible role of changing fuel prices.

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After Historic Highs, a Used Car Value Reset

We’re off those historic used car value highs, but the sky is not falling. Why? Three words: supply, supply, supply.

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Manheim: Risk Units Stay above $14,000

Average auction rates for rental risk units remain above this mark for the fifth month in a row.

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Sixt Records Best Q2 Earnings in Company History

Sixt Group’s pre-tax earnings double, rental revenue rises 11.9 percent in first half.

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Wholesale Prices Back Off Near-record Levels

Adesa reports that wholesale used vehicle prices in May averaged $10,460 – down 1.1% compared to April and 0.8% lower than May 2010.

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Hertz to Introduce New Dealer Direct Program at 2011 NADA Convention

Hertz Dealer Direct allows auto dealers to search for vehicles that are currently on rent and available for sale, as well as vehicles that are immediately ready for wholesale purchase and pick up.

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Hertz Rent2Buy Partners With Allied Business Network

With this partnership, ABN members who purchase a car through Hertz Rent2Buy will receive $100 off the purchase price of the vehicle.

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Adesa: Wholesale Market to Strengthen

In his monthly commentary, Tom Kontos states that continued tight used vehicle supply should keep pricing solid in December and into the first few months of 2011.

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Lower Fleet Costs Ahead?

Favorable deals with the OEMs, a mix of vehicles with higher residual values and higher-return remarketing channels all bode well for continued lower fleet costs, says equity research firm MKM Partners.

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Wholesale Used-Vehicle Prices Show Seasonal Decline in September

Manufacturers registered a 0.7% month-over-month price increase and a 2.7% year-over-year rise, indicating still-strong demand for off-rental program units. Fleet/lease consignors experienced a 2.1% sequential price decrease and a 1.9% annual increase, in part from strong dealer demand for rental risk and commercial fleet units.

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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Which Hybrids Pay Back the Quickest?

After five years and 15,000 miles of driving per year, are there any hybrids that actually have a lower cost of ownership than their gas-engine counterparts? One unexpected vehicle takes the prize.

How Far Will Cell Phone Bans Go?

The federal government means business with its new law banning cell phone use while driving commercial vehicles. Can the laws go even further, and how should fleets react?

Righting a Wrong in Arizona

Arizona is one of a super minority of states in which auto rental companies are required by statute to pay for the negligent acts of their renters. Look for new legislation in the coming weeks that proposes to change that.

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