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Wholesale used-vehicle prices in February averaged $10,138, a 3 percent increase from November 2009 and an 8.3 percent increase from the prior year. This is the first time since July 2009 that average prices have topped $10,000.
Read More →Copart will provide Allstate with vehicle auction services in the United States and in Ontario, Canada.
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Selling vehicles “upstream” while still on rent will reduce your days to sale and transportation costs, while exposing your fleet to a wider audience of buyers.
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Scott Thompson and Jeff Cerefice discuss Dollar Thrifty’s move to refranchise, debt restructuring, fleet financing, the science of car sales, loving 45,000-mile rentals and how the company is positioned well for the run to recovery.
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Jim Hallett of ADESA shared his insights on the future of the remarketing industry, in particular, the impact of technology.
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Wholesale auction prices have begun to stabilize, though the recent financial crisis could throw a monkey wrench into gains.
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Donating your out-of-service vehicles to charity helps your business get a better tax deduction, reduce liability and receive positive public relations.
Read More →Manufacturer retail ‘employee-pricing’ promotions caused a downturn in the used-car market, but car rental companies held cars and weathered the worst of it. Overall, rental companies say they had a positive year in 2005.
Read More →A balanced remarketing plan features multiple disposal channels — not solely auctions. Don't overlook direct sales to local, and not so local, dealers.
Read More →At this year's Conference of Automotive Remarketing (CAR), Nissan’s Jed Connelly argued that incentives are not only taking a toll on used-vehicle residuals but also compromising R&D for future product.
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