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IARA Summer Roundtable: Electrification expert Kristin Slanina supercharged the annual consignors and remarketers conference with a step-by-step hopeful outlook for adopting, using, and reselling EVs.
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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.
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As used car prices come back down to earth, car rental consignors need to make sure they are doing everything they can to enhance the value of their vehicles for sale. Two remarketing experts provide tips of the trade.
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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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Rental car companies large and small grapple with tight lending, lower demand and two supplier bankruptcies. Is the industry heading in the right direction?
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With fewer program cars and a cap on financing limits, it’s time to consider “fleeting up” with used vehicles.
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Carfax’s Service Link program transmits maintenance records directly to Carfax Vehicle History Reports. Some claim a $300 average lift on wholesale pricing of risk units.
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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