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Remarketing

Article

Are We Reaching a Used Car Segment Tipping Point?

The industry’s scientific approach to channeling vehicles through the used car market will help...

The used car market has adopted a Swiss Army-knife approach to managing the “off-lease tsunami,” which turned into a manageable rising tide. Are new market dynamics breathing life into a segment left for a dead, the midsize sedan?

News

Enterprise Honors Auction Achievement Members

Enterprise Holdings has a global network, operating in 100 countries and territories with more...

The annual program recognizes Enterprise Holdings’ automotive auction partners for their exceptional services and support efforts to remarket the company’s late-model, low-mileage, well-maintained rental, and fleet vehicles to potential buyers.

Article

Q&A: Manheim's Grace Huang Looks Ahead

Grace Huang (left), Manheim president, shared her thoughts on the future of remarketing with...

Manheim's president who oversees the inventory solutions unit offers thoughts on fleet mobility services, bringing artificial intelligence to inspections, and the company's diversification strategy.

Article

The State of Remarketing in 2019

The average 12-month depreciation for the overall wholesale market, as of July 2019, is 12.9%,...

Overall used vehicle values are at strong levels. Crossover values are holding steady but there is cause for concern in the near future. Sedan values are expected to improve or stabilize as more crossovers enter the market.

News

Commercial Fleet Sales Increased 8.8% in 2018

Commercial fleet sales closed out the year 8.8% higher driven by trucks and SUVs.

Sales of vehicles to commercial fleets from eight manufactures increased 8.8% to 743,210 in 2018, even with a weaker December, on the strength of sales of trucks, SUVs, and vans that accounted for nearly nine units out of every 10 sold.

News

Used Fleet Vehicle Prices Fell 2% in October

The average price of fleet vehicles sold at auction in October fell 2%.

The average price for used fleet vehicles fell 2% at auction in October, but remained 6.1% higher than a year ago amid a strong month for wholesale prices, according to Tom Kontos, KAR Auction Services' chief economist.

News

Used Fleet Vehicle Values Fall 1.6% in September

Used fleet vehicle values moved lower in September along with the broader wholesale market.

Vehicles from fleet consignors followed the broader used-vehicle market downward in September, as wholesale prices struggled to keep up with last year's hurricane-driven demand and a now robust upstream market, said Tom Kontos, KAR Auction Services' chief economist.

Blogs

Auto Focus

Chris Brown, executive editor of Business Fleet, Auto Rental News, and Fleet Forward, offers his...

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