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.
December 17, 2014 in Remarketing
According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class, wholesale used vehicle prices in November averaged $9,862 — up 1.8% compared to October and up 1.1% relative to November 2013. Additionally, SUVs and luxury cars had strong month-over-month gains.
December 10, 2014 in Remarketing
Average auction prices for rental risk units moved up in November compared to last month, but prices are still down year-over-year, according to the Manheim Used Vehicle Value Index. For the first time ever, rental risk units crossed the 45,000-mile threshold.
December 3, 2014 in Remarketing
In November’s 50-city survey, rate quotes for the top 50 airports were down $3.55, the largest one-month drop since the 50-city survey started in May 2013. The Northeast had the highest average quote at $48.45.
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.
Auto Focus Blog: A blog covering fleets, auto rental and the business of cars
Next year’s mechanics hinge on plentiful new car supply and a softening used car market.
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?
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