Used Vehicles - Tagged Posts - Auto Rental News

Are We Reaching a Used Car Segment Tipping Point?

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?

Enterprise Honors Auction Achievement Members

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.

Hurricane Dorian Will Bring More Flood-Damaged Cars to Used Market

An increasing number of flood-damaged vehicles are returning to the used market across the country, and increasingly in states where flooding might not be top of mind, according to new data from Carfax.

Used Vehicles Cost $14K Less Than New Equivalents in Q2

The average three-year-old used vehicle cost buyers $14,443 less dollars then its new equivalent during the second quarter of 2019, according to the latest Used Vehicle report from Edmunds.

Used Car Values Are Declining — Are Fleet Owners Ready?

Sales into rental fleets are up in the first quarter, while residual values are softening. Are higher fleet costs and over fleeting on the horizon?

Cars Paced Used Vehicle Price Growth in 2018

The passenger car segment was a main contributor to the the rise in used-vehicle prices in 2018.

'Typical' Annual Depreciation Reaches 12%: Black Book

The average 12-month depreciation through the end of November for all vehicles was 12.5%.

Used Vehicles Thriving in 2018

Used-vehicle values have held strong this year. A strong economy and more efficient remarketing strategies are helping make 2018 a banner year for used-vehicle values.

Enterprise Car Sales Joins SiriusXM Pre-Owned Program

Enterprise Car Sales has joined the SiriusXM Pre-Owned Program, meaning that customers who purchase a used vehicle from an Enterprise Car Sales location will be offered a three-month subscription to SiriusXM’s All Access audio package, according to a company announcement.

Manheim Improves Vehicle Valuation Tool

Manheim has updated its vehicle valuation tool, the Manheim Market Report (MMR), to provide more detailed valuations of used vehicles to increase transparency and improve the remarketing process, the company announced.