Economic Slowdown Causes Fleet Resale Values to Decline
Most fleet vehicles are purchased by subprime buyers; however, these buyers are now finding it increasingly difficult to qualify for used-vehicle loans. The slowdown in the construction market is dampening demand for used pickups, and full-size work vans.
San Diego County 'Sold' on Reverse Auctions
The Web-enabled competitive pricing tool has saved the County more than $25 million in four years. For fleet, the technology saves time and results in better vehicle pricing.
How Will Future Residual Values Impact Hybrid
While hybrids can reduce fleet fuel expense, the two other major fleet expenses — maintenance/repair and depreciation — must also be considered to determine if hybrids are the answer to reducing overall fleet costs.
Fleet Residuals Model Projects Used-Vehicle Values
Automotive Lease Guide’s Fleet Residuals model provides fleet managers with accurate used-vehicle value projections based on historical auction resale trends, seasonality depreciation rates, and incentive levels.