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.


Wholesale Truck Values Continue to Thrive, Luxury Cars Struggle

The truck segment outperformed cars and luxury car depreciation rates remained high last week, according to Black Book’s Feb. 20 Market Insights report.

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Used Car Market Bracing for Off-Lease Tidal Wave

A record number of newer model year off-lease vehicles returning to dealer lots this year will be putting significant upward pressure on the late-model used market, according to the February 2017 Edmunds Used Vehicle Market Report.

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Enterprise Car Sales Generates $575M in Auto Loans

The service from Enterprise Rent-A-Car generated $575 million in loan volume to more than 31,000 credit union members during 2016 — a 15% increase in loan volume compared to the previous year.

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Pickups Show Lowest January Depreciation

Small and large pickups were among the top performing segments in January with a 1.1% depreciation rate among two- to six-year-old vehicles sold in auction lanes, according to Black Book.

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Used Vehicle Volume Grew 6% in '16

The National Auto Auction Association (NAAA) estimates that its members sold 9.9 million vehicles in 2016, a 6% improvement over the year before, according to Manheim’s 2017 Used Car Market Report.

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Used Pickups, Vans Start 2017 Strong

On a year-over-year basis, 2017 started the same as all of 2016 — trucks and vans up and cars down, according to Manheim. New vehicles sales into rental declined by approximately 7% in January compared to January 2016.

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Ford Remarketing Manager Named Cox Automotive Woman of the Year

Cox Automotive has awarded Linda Silverstein, general manager, remarketing and rental operations, Ford Motor Company, as this year’s Barbara Cox Automotive Woman of the Year.

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Toyota Earns Best Resale Brand Award

Toyota, Porsche, General Motors and Subaru were some of the big winners in Kelley Blue Book’s 2017 Best Resale Value Awards, annual awards that recognize vehicles expected to best retain their value over the first five years of ownership.

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

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