Rental Vehicle Fleet Remarketing

Remarketing your rental vehicles effectively will increase your revenue. The rental vehicle fleet remarketing channel will help you improve resale value, recondition grounded vehicles and use online remarketing and auto auctions to sell vehicles while in use.


Compact SUVs Remain in High Demand

In the car segment, luxury and sporty cars decreased the most in value last week, while mid-size vehicles showed a slight increase in value

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Manheim Opens Fourth North Carolina Location

Manheim Wilmington is the fourth permanent Manheim location in North Carolina. Manheim built the two-lane facility through a partnership with D&C Mitsubishi.

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Salvage Auctions Estimate Volume of Hurricane-Damaged Vehicles

While the effect that Hurricane Irma had on Insurance Auto Auction's and Copart's operations in Florida was relatively mild, Houston was a different story.

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Wholesale Used Vehicle Depreciation at Two-Month Low

Wholesale used vehicles had their best weekly performance in two months, according to Black Book’s Sept. 11 Market Insights report.

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Manheim, ADESA Resume Florida Operations

Manheim and ADESA reopened their Florida auction facilities on Tuesday, as Hurricane Irma moved north toward Tennessee.

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ADESA Closes Florida Auctions Ahead of Irma

Five ADESA auctions remained closed Monday as Hurricane Irma moved through Georgia and Alabama, and two ADESA auctions in those states curtailed hours and staff, the KAR Auction Services unit announced.

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Manheim Used Vehicle Value Index Peaks

Wholesale used vehicle prices — on a mix-, mileage-, and seasonally adjusted basis — increased 0.75% month-over-month in August, bringing the Manheim Used Vehicle Value Index to a record high of 131.3.

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Past AFLA President, Enterprise Remarketing Manager Janik Dies

Greg Janik, president of the Automotive Fleet & Leasing Association (AFLA) from 1986-1987, passed away on Sept. 8. He was 74. Janik was a long-time member of AFLA and a strong supporter of the fleet industry.

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Fleet Jam Session to Analyze Hurricanes' Effect on Industry

Fleet Jam Session, convening at the 2017 Auto Rental Summit, will provide analysis of Hurricane Harvey and Hurricane Irma's effects on the auto rental industry, from the used car market and new car sales to rental rates, volume, and new and used values.

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Manheim to Close Florida Auctions Ahead of Irma

Manheim has closed its Puerto Rico facility and will close four of its Florida auctions on Friday ahead of Hurricane Irma's expected landfall in Florida over the weekend, according to the company.

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Greg Thibault to Retire as Avis Budget’s VP of Fleet Disposal

Greg Thibault will retire as Avis Budget’s vice president of fleet disposal after 20 years of leading Avis Budget’s auction sales and wholesale turn-back process with manufacturers.

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Weekly Car and Truck Depreciation Slows

Car and truck segments saw lower overall depreciation rates last week, according to Black Book's Sept. 4 Market Insights report.

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Hurricane Harvey to Leave Thousands Needing Replacement Rentals

According to Black Book, the rental industry will be affected first with the supply challenge, as thousands of residents will need to find immediate replacement of personal transportation.

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Depreciation Slows for Trucks and Accelerates for Cars

The car segment saw a week-over-week rise in depreciation while the truck segment saw a lower depreciation rate last week, according to Black Book’s Aug. 28 Market Insights report.

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Manheim Improves Vehicle Valuation Tool

Manheim has updated its vehicle valuation tool, the Manheim Market Report (MMR), to provide more detailed valuations of used vehicles to increase transparency and improve the remarketing process, the company announced.

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J.D. Power to Offer Used Vehicle Price Index

J.D. Power will begin offering its monthly Used Vehicle Price Index that tracks current and estimated future movement of wholesale used vehicle prices at the industry and segment level, the consultant and data provider announced.

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Manheim's Cadigan Retires After 40-Year Career

Jay Cadigan will retire from Manheim, capping a 40-year career in the remarketing industry that included stints at auctions, as well as leasing companies and rental car operators.

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Manheim Used Vehicle Value Index Rises in Third Consecutive Month

The streak continued in July, with the Manheim Used Vehicle Value Index recording its third consecutive record in July. Driven by the 0.75% month-over-month increase in wholesale used-vehicle prices, the index rose 2.6% from a year ago to 130.1, according to the firm.

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Wholesale Prices Softening Despite YOY Increase in June, Kontos Says

Average wholesale prices in June were down vs. June but up vs. a year ago. A drill down into the data, however, reveals price softening on a year-over-year basis when accounting for sales type, vehicle age, model class, and mileage, KAR Chief Economist Tom Kontos said today.

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Used Vehicle Values Keep Climbing Higher, Manheim Says

The Manheim Used Vehicle Value Index hit a record high for the second consecutive month, as wholesale used-vehicle prices rose 1.1% month over month in June. The increase brought the Index to 129.3, a 2.5% increase from a year ago.

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

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