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.
January 20, 2015 in Remarketing
December wholesale used vehicle prices fell 0.3% compared to November but increased 2% on a year-over-year basis, according to ADESA Analytical Services' monthly analysis of Wholesale Used Vehicle Prices.
January 14, 2015 in Remarketing
As consumer demand for used cars and trucks remained strong, wholesale used vehicle values increased in the fourth quarter and ended the year at 123.9, a 1.8% increase from a year ago and 2.1% higher than the third quarter, according to the Manheim Used Vehicle Index.
By Joe Lyons, January 2015 in Remarketing
Next year's wholesale market will see more off-lease and program vehicles in the market, as well as competition from incentivized new cars. Are you up for the new remarketing challenges?
By Ricky Beggs, January 2015 in Remarketing
The overall fleet vehicle market depreciated by 12.1% over the previous year; however, the depreciation rate for cars was 14.8% and is expected to increase in 2015.
By Eckhaus Fleet, January 2015 in Remarketing
A car rental operator is interested in learning more about the terms of repurchase programs and how he can take advantage of them.
December 31, 2014 in Remarketing
Although airport rates continued to decline in December, Hertz Global Holdings’ recent announcement to increase U.S. retail prices for all Hertz, Dollar and Thrifty car rentals after Jan. 1 appears to have boosted rates this past week.
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.
Auto Focus Blog: A blog covering fleets, auto rental and the business of cars
Mind you, I never took the CDW to be able to play smash-up derby with a rental car, nor did I rob a bank with one. But there are stories.
If you’re running 20-year-old fleet vehicles in California, you may be faced with replacing those vehicles. Fleets have until Jan. 31 to file for an extension.
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