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.


Rental Risk Unit Mileage Falls 13%

In December, the average mileage on rental risk units sold (38,600 miles) was similar to recent months, but it was 13% lower than a year ago, according to Manheim. The Manheim Index for December finished at 124.9, a decline of 0.6% year-over-year.

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Vehicle Logistics Firms MetroGistics, AmeriFleet to Merge

The merger will consolidate the fleet-related services of both companies with the goal of targeting new markets and service lines.

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ADESA: New Vehicle Incentives Pressure Used Pricing

A new threat to used vehicle prices seems to be arising from increased new vehicle incentives, which have been relatively benign through this cycle of price softening.

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Hertz to Sell Used Cars via Shift Website

Hertz plans to sell its used vehicles through its partnership with Shift, an online used car website that offers customers test drives.

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Monthly Wholesale Prices Continue to Slide, Manheim Says

Wholesale used vehicle prices declined 1% in November, continuing the downward trend that was 0.7% last month, according to Manheim's Used Vehicle Value Index.

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Kontos: Wholesale Prices Up Year Over Year, Down From September

Wholesale used-vehicle prices in October averaged $10,499, a decline from September but a 3% increase on a year-over-year basis.

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Wholesale Used-Vehicle Prices Decline in October, Manheim Says

Wholesale used-vehicle prices declined in October 0.7% and non-seasonally adjusted prices declined 2%, showing a downward trend for all vehicle segments in recent months.

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Used Pickup Sales Weakening

A rising supply of used pickups coupled with aggressive pricing for new models is expected to cause a weakening in values in the wholesale market, according to new data from Black Book.

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Kontos: Wholesale Values Flat in September

Wholesale used-vehicle prices average $10,734 in September, which was flat with August but up 5.1% from a year ago, according to ADES Analytical Services.

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Full-Size Pickup Truck Retention Shows First Drop in 4 Years

Full-size pickup truck retention rates for model-year vehicles older than two years showed a slight decrease this year after steadily increasing for the last five years.

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Black Book: Car Depreciation Shows Signs of Slowing

Cars showed better retention in the last week of September than in the previous four weeks, while trucks depreciated more than they have during that same timeframe.

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Trucks Continue to Keep Wholesale Yearly Prices Up

Wholesale prices for trucks were up 7.3% on a year-over-year basis while cars were down 1.3%, according to ADESA.

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Enterprise Car Sales Opens 2 New Locations in Arizona

Enterprise Car Sales, a service of Enterprise Rent-A-Car, has opened two new locations to serve customers in the Phoenix area.

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Rental Risk Units Sold at Auction High For August

This could be a sign that stop-sale/stop-use units are being repaired and creating less demand for loaner vehicles, says Manheim.

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Rental Customers Help Improve Car Sales in South Africa

In South Africa, the car rental industry accounted for 22% of new car sales. The growing numbers of tourists helped increase the market.

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Luxury Vehicles Have Faced Heaviest Pre-Fall Depreciation

Luxury vehicle segments have on average faced the biggest depreciation heading into fall over the last 10 years, according to an analysis of Black Book data.

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Trucks, Low Mileage Drive Wholesale Price Strength

Average whole values fell again on a month-over-month basis in July, but they remain up on a year-over-year basis mainly due to the price strength of truck and continued growth of younger, lower-mileage, higher-priced off-lease supply, according to ADESA.

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Lower Mileage Leads to Increase in Rental Risk Prices

Auction prices for rental risk units sold in July jumped 21% from a year ago because of lower average mileage and a richer mix of units sold, according to Manheim. Wholesale used vehicle prices increased for the fourth consecutive month.

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Avis Budget Group Teams Up With TrueCar

Through this multi-year agreement, those in the market for a used vehicle can access Avis Budget Group's inventory of well-maintained off-rental vehicles through Truecar.com.

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Wholesale Prices Fall in June, Up Yearly Due to Trucks

Average wholesale values fell again on a month-over-month basis in June, but they remain up on a year-over-year basis mainly due to the price strength of trucks, according to ADESA.

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