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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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At the 2010 Car Rental Show, Jim Tennant of the Tennant Group held a profit idea session in which six products, services and ideas were presented that operators could bring home and employ in their businesses. Seminar attendees voted on the best idea. The winner, Sarah Romanowski of Ride Share Systems LLC, received a free pass to a future Car Rental Show. These six concepts could reduce expense and boost your bottom line.
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To answer this question you must decide: Are you in the used-car business and happen to rent cars, or are you in a rental business that happens to sell cars?
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Chase Auto Finance gives Rent2Buy customers, who buy used vehicles from Hertz’s online car-sales program, a full range of financing options. Chase was the No. 1 auto lender in the United States in new loan production in 2009, lending $23.7 billion to finance 1.1 million new- and used-vehicles for consumers.
Read More →Affordable gas prices keep truck and SUV demand high while hybrids soften. The continued negative economic outlook drives strong subcompact and compact values.
Read More →ALG forecasts gas prices to hit over $4 per gallon in three years, which will positively impact the used auction values of the mid-compact segment, but negatively impact the premium fullsize SUVs segment.
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Rental car operators are increasing their fleet vehicles’ months in service. But do you really have to drive up hold times to survive?
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As the industry emerges from the recession, auto rental executives, operators and other professionals met at this year’s show ready to tackle the issues of fleet financing, lifecycle management, remarketing, utilization and no-show fees.
Read More →The technology and business model behind Hertz’s Rent2Buy program now applies to other big-ticket items such as real estate, boats, designer fashions and jewelry.
Read More →The car rental company will sell its vehicles using Salvage Direct's auction platform, SalvageDirect.com.
Read More →Since auctions are unable to monitor the recall status of every vehicle for sale, the responsibility falls to auction buyers and remarketers.
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