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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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With this partnership, ABN members who purchase a car through Hertz Rent2Buy will receive $100 off the purchase price of the vehicle.
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In his monthly commentary, Tom Kontos states that continued tight used vehicle supply should keep pricing solid in December and into the first few months of 2011.
Read More →Favorable deals with the OEMs, a mix of vehicles with higher residual values and higher-return remarketing channels all bode well for continued lower fleet costs, says equity research firm MKM Partners.
Read More →New online platform allows car buyers to cross-shop rental brands for used-car inventory while taking advantage of Rent2Buy’s unique ‘try-before-you-buy’ concept.
Read More →Consumers and dealers may be "pushing back" at the high price of used vehicles.
Read More →DSC customers will be able to purchase wholesale vehicles directly from Hertz’s national fleet of well-equipped used cars, trucks, and SUVs, by contacting their local sales representative.
Read More →The report from Manheim Consulting reveals the average price for off-rental vehicles increased in July and year-over-year.
Read More →Used-vehicle values continue to be relatively strong in retention based on historical levels, although that strength has eased somewhat in the past month.
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Wholesale used-vehicle prices in June averaged $10,278 – down 2.6 percent from May and up 1.4 percent versus prior year. The mid-size cars and minivans segments saw significant price declines last month.
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The extensive drop in new-vehicle sales last year may cause a decline in the used-vehicle supply, resulting in higher resale values in the next few years.
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