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.


Off-Lease Rental Cars Juiced April Wholesale Prices

Average wholesale used vehicle prices increased in April in a trend attributed to a significant proportion of sales of higher priced, late-model, off-rental, manufacturer program vehicles that elevated average prices, according to ADESA.

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April Rates Continue Downward Trend

After seeing a peak in July 2014, every month's rates since then have been down, according to The Tennant Group and Rate-Highway's 50-City rate survey. The average decrease from August 2014 to April 2015 was $2.92; April's $3.19 decrease was a continuation of this trend.

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Used Prices Perform Stronger in Truck Classes

Average wholesale used vehicle prices rose in March on both a month-over-month and year-over-year basis — up 4.7% compared to February and up 2% relative to March 2014, according to ADESA Analytical Services‘ monthly analysis of wholesale used vehicle prices. The truck classes (vans, SUVs, pickups) performed much stronger than the car and crossover classes.

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Mileage Remains Above 45K on Rental Resale Vehicles

Wholesale used vehicle prices fell 0.5% in March and dropped the Manheim Used Vehicle Value Index to a reading of 124.5, almost equaling a year ago (124.4). Rental resale vehicles remained above 45,000 miles, up 8% from a year ago.

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March Rates Continue Year-Over-Year Decline

According to Rate-Highway and The Tennant Group’s 50-City Survey, the average overall rates in March were down $3.36 from a year ago. Washington Dulles International Airport had the highest rate at $90.07 while San Diego International Airport marked the highest rate at $32.27.

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Manheim Reiterates Support for Multiplatform Bidding System

Manheim and several other remarketing industry partners will continue moving forward to develop a multiplatform bidding system in the wake of announcements by ADESA and ServNet Auctions dropping out of the planning process.

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January Used Vehicle Prices Up Year-Over-Year, Month-to-Month

Average wholesale used vehicle prices rose significantly in January on both a month-over-month and year-over-year basis — up 3.6% compared to December and up 2.4% relative to January 2014, according to ADESA Analytical Services‘ monthly analysis of wholesale used vehicle prices.

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ADESA Exits Multiplatform Online Auction Initiative

ADESA will not participate in an automotive remarketing industry initiative to establish a platform that would allow simultaneous bidding on vehicles listed on multiple online auction sites.

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Ricky Beggs Retiring From Black Book

Ricky Beggs will retire from Black Book on April 1 as one of the leading authorities in the vehicle remarketing industry after a 34-year career with the used-vehicle data provider.

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Mileage Stays High on Rental Resale Vehicles in January

Wholesale used vehicle prices increased in January and pushed the Manheim Used Vehicle Value Index to a reading of 125.3, an increase of 2.5% from a year ago. Additionally, rental resale vehicles remained at the record high mileage level posted in December.

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

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