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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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Eric Ibara, director of residual value consulting for Kelley Blue Book, will present a seminar at the 2014 Car Rental Show that uses real case studies to provide insights into the factors affecting residual values for popular rental car models.
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Used-vehicle depreciation improved toward the end of 2013, and vehicles depreciated 12.8 percent in the year, a slight pullback from the 12.4 percent depreciation in the previous year, reports Black Book.
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After increasing slightly in November, wholesale used vehicle prices declined 0.6% in December. The Manheim Used Vehicle Value Index now stands at 121.7, a decline of 1.9% from a year ago.
Read More →According to ADESA, wholesale used vehicle prices resumed their softening in December due to rebounding supply, which is putting downward pressure on wholesale prices.
Read More →Despite a slight decline in wholesale used vehicle prices in the last quarter of 2013, prices remained at historically high levels as consumer demand for used vehicles remained strong.
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Most plug-in electric vehicles will depreciate more dramatically over five years than their conventional gasoline counterparts, according to a new report from Kelley Blue Book via USA Today.
Read More →According to ADESA, November’s wholesale prices are up partly due to a shift in the mix of vehicles being sold — younger off-rental and off-lease units as opposed to older dealer consigned vehicles.
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After declining in October, wholesale used vehicle prices slightly increased in November. The Manheim Used Vehicle Index now stands at 122.4, a decline of 0.2% from its year-ago level.
Read More →ALG, the benchmark for forecasting vehicle residual values, has announced the winners of its 14th annual Residual Value Awards.
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Toyota leads automotive brands in resale value with Subaru a close second in Kelley Blue Book's 2014 Residual Analysis Report released Monday.
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