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Rental Fleet Sales Skating Just Above 2025 Levels
The U.S. economy's continued growth and positive business investment are creating a favorable environment for fleet vehicle demand.
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SEARCHMENUSEARCHThe U.S. economy's continued growth and positive business investment are creating a favorable environment for fleet vehicle demand.
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Data shows strength in dealers bidding and buying across physical locations, Simulcast, Manheim Express, Manheim.com and OVE.
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Figures remain down 16% from year-ago level.
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Strong spring sales thanks to tax refunds and stimulus checks depleted the supply.
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John Brasher has worked for some well-known names in the industry.
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Wholesale used-vehicle prices increased 3.74% in the first 15 days of March compared to the previous month.
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Wholesale used vehicle prices jumped 3.79% month-over-month in February, led by a major increase near the month's end.
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Wholesale values continued their ascent in the final weeks of February, with nearly all reporting segments experiencing gains.
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With the completion of this rollout, Enterprise’s customers now have the flexibility to complete their used car purchase either by starting their purchase from the comfort of home (with delivery, where available) or completing their purchase at any of Enterprise Car Sales’ 147 U.S. locations.
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The latest trends in the key indicators suggest used vehicle values are likely to continue to see appreciation in the days and weeks ahead.
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Wholesale prices continued to gain strength for the first week of February in what Black Book Market Insights said is starting to look like the beginning to an early start to the Spring market.
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