Pros & Cons of Extending Replacement Policy
It has been “common wisdom” to replace fleet vehicles in relatively short cycles. Rising costs, however, have led fleet managers to consider lengthening replacement
criteria. There are pros and cons to the practice.
Perfect Storm Pummels Truck Resale Values
Resale values for pickup trucks have declined by 15-25 percent due to such factors as high fuel prices, tightened consumer credit, and a stagnant construction market.
Cyclng Truck Bodies: Is It a Good or Bad Idea?
As the cost of truck bodies increases due to rising material costs, recycling bodies on new chassis can become more attractive. However, the cost of vehicle downtime to allow for remounting needs to be taken into account.
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.