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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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The Ultimate Test Drive program gives customers the opportunity to test drive Avis and Budget rental vehicles at no charge for two hours prior to making a decision to purchase the vehicle.
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Wholesale used vehicle prices declined in August, bringing the Manheim Used Vehicle Value Index to a level of 120.7 — down 2.4% from a year ago.
Read More →The NADA predicts the supply of luxury used vehicles up to 5 years old will decline by 13% in 2012 compared to a year ago, resulting in an average price increase of 1.9% this year.
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As the market adapts to an era of restricted supply, car rental companies hone the process of buying and selling cars to keep fleet costs in line.
Read More →Activity in pricing adjustments was ‘pretty substantial,’ reports Ricky Beggs, managing editor of Black Book, adding that with more than 2,300 vehicles adjusted each day throughout the week, the trend is very similar to the previous two weeks.
Read More →The ‘Ultimate Test Drive’ program lets customers test drive used Avis and Budget rental vehicles before purchasing one.
Read More →Wholesale values were off only 1.3% from the record reached in May 2011.
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Average auction prices climb above $10,000 for the first time since June 2011.
Read More →Black Book’s Ricky Beggs reports that average values for both cars and trucks increased for the first time this year.
Read More →While the general process is the same for all auctions, each auction is a standalone business and you need to educate yourself on the auction’s policies and processes.
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