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.
November 18, 2014 in Remarketing
Wholesale used vehicle prices (on a mix-, mileage- and seasonally adjusted basis) ticked up in October, after declining in each of the previous five months, according to Manheim Consulting. Auction volumes of rental risk units were up significantly in October due to recall-delayed selling.
November 5, 2014 in Remarketing
In October’s 50-city survey, rate quotes for the top 50 airports were down 2.2% from a year ago, the fourth consecutive month with a drop from last year. Fort Myers’ Southwest Florida International Airport (RSW) had the highest average quote in October at $68.93.
October 15, 2014 in Remarketing
According to ADESA Analytical Service’s September analysis, wholesale used vehicle prices softened again for the fifth consecutive month. Prices in September averaged $9,557, down 0.4% from last month.
October 8, 2014 in Remarketing
Nine U.S. automotive auction houses have been named as Enterprise Holdings’ annual Auction Achievement Award winners for 2014.
September 16, 2014 in Remarketing
In August’s 50-city survey, rate quotes for the top 50 airports were down 4.7% from a year ago. The Northwest region had the highest rates, with Portland International Airport’s average quote at $75.52.
By Irene Gruen, September 2014 in Remarketing
At the third annual Auto Rental Summit, a new three-hour "fleet jam session" includes a market overview from Black Book's Ricky Beggs, a panel discussion on fleet trends and roundtables with access to fleet experts.
September 10, 2014 in Remarketing
In August, wholesale used vehicle prices (on a mix-, mileage- and seasonally adjusted basis) declined 0.7%, the fourth consecutive monthly decline, according to Manheim Consulting. ADESA also saw a decrease in wholesale used vehicle prices — down 0.4% compared to August 2013.
August 20, 2014 in Remarketing
According to ADESA Analytical Service’s July analysis, prices declined between June and July for virtually all model classes. Minivans and mini SUVs were hit the hardest, with price declines of 5.7% and 3.8%, respectively.
August 13, 2014 in Remarketing
Wholesale used vehicle prices (on a mix-, mileage- and seasonally adjusted basis) declined 1% in July, which resulted in a Manheim Used Vehicle Value Index reading of 122.7 — an increase of 1.5% from a year ago.
August 6, 2014 in Remarketing
In July’s 50-city survey, rate quotes for the top 50 U.S. airports were up $14.29 from $0.14 in June. All five regions were up substantially, but there were large differences in regional rates.
Auto Focus Blog: A blog covering fleets, auto rental and the business of cars
The 2014 Los Angeles Auto Show featured less green-speak and more driving excitement aimed at younger buyers. Get ready for more compact crossovers, as Mazda, Honda, Fiat, Volkswagen and Scion launch brand-new models next year.
Hertz will be on an accelerated buying and selling schedule in the next six months. How might that affect the market?
The 2014 Auto Rental Summit was a great place to assess the state of the car rental market, both the good and the bad.
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