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.
September 2, 2015 in Remarketing
The August 2015 average rate quote decreased $5.29 from last year, according to The Tennant Group and Rate-Highway's 50-City rate survey. The quotes have been down an average of $2.93 in the past year.
August 18, 2015 in Remarketing
For the third month in a row, average wholesale used vehicle prices fell significantly on a month-over-month basis, falling below $10,000 for the first time this year, according to ADESA.
August 12, 2015 in Remarketing
Wholesale used vehicle prices slightly increased in July, bringing the Manheim Used Vehicle Value Index to 124.1. After a four-month decline, the prices have inched up in June and July.
August 5, 2015 in Remarketing
The July 2015 average rate quote was down $18.44 from last year's abnormally high quotes, according to The Tennant Group and Rate-Highway’s 50-City rate survey. This month's rate survey also looked at the eight major rental brands over the last two years.
July 21, 2015 in Remarketing
In addition to a greater supply of off-lease units, both ADESA and Manheim report a greater percentage of older, higher mileage rental risk units as driving down prices in wholesale channels.
By Chris Wolski, July 2015 in Remarketing
The Conference of Automotive Remarketing (CAR), which is produced by Bobit Business Media, publisher of Automotive Fleet, celebrated its 20th anniversary with special events and contests — and a cake provided by sponsor ServNet.
July 1, 2015 in Remarketing
The June 2015 average rate quote was down $4.85 from a year ago, according to The Tennant Group and Rate-Highway’s 50-City rate survey. Last year, a spike in recalls caused rates to increase from the third week of June and all of July, but they dropped by the last week of July.
June 10, 2015 in Remarketing
Wholesale used vehicle prices declined in May, according to both Manheim Consulting and ADESA. Auction prices for rental risk units were down more than 10% from a year ago, according to Manheim.
June 9, 2015 in Remarketing
At the ADESA Auto Auction in Mira Loma, Calif., car rental companies received updates on Toyota’s repurchase programs and remarketing procedures and attended a condition report demonstration.
June 8, 2015 in Remarketing
After Hertz Global Holdings announced a rate increase for its Hertz, Thrifty and Dollar brands in mid-May, airport rental rates increased slightly, according to The Tennant Group and Rate-Highway’s 50-City rate survey. But based on the June 5th survey, the rates have turned down again.
Auto Focus Blog: A blog covering fleets, auto rental and the business of cars
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