Remarketing

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January 12, 2017 - Industry News

IronPlanet Real-Time Tech to Streamline Auction

IronPlanet is adding real-time on-site event management and mobile connectivity features to several aspects of an upcoming sale at its Florida Cat Auction Services Unreserved Public Auction.

Tags: Online Auctions, IronPlanet, Mobile Apps

January 5, 2017 - Industry News

Used Vehicle Values Stabilize in December

Photo via Wikipedia.

Depreciation trends stabilized to close out 2016, with depreciation rates for all cars and trucks falling into seasonal patterns.

Tags: Depreciation, Black Book

December 14, 2016 - Industry News

Non-Tier 4 Equipment Resale Values Rise

Photo via Flickr/Ralf Peter Relmann

Demand for non-Tier 4, used construction equipment is on the rise, according to a survey of Independent Equipment Dealers Association (IEDA) members.

Tags: Resale Value, Final Tier 4, Used Equipment, Emissions, Off-Road Equipment

December 13, 2016 - Press Release

IronPlanet Sets Heavy Equipment Inspection Record

IronPlanet reached a record number of annual inspections in 2016, with over 100,000 pieces of equipment evaluated and certified by its professional inspectors, the online auction company announced.

Tags: Inspections, IronPlanet, Heavy Equipment, Online Auctions

December 9, 2016 - Industry News

Used Vehicle Values Weakened in November

Photo of 2012 Ram 1500 courtesy of FCA.

Five model years of used vehicles depreciated 2.3% in November, which showed a slight improvement from October and remained in line with the typical weakening of values at this time of year, according to Black Book data.

Tags: Black Book, Large Pickups, Depreciation

December 1, 2016 - Press Release

IronPlanet to Auction 500 Heavy Equipment Assets

IronPlanet will auction roughly 500 late model, low-hour machines from several manufacturers and construction companies on Dec. 7. This will be followed by an online-only auction on Dec. 8.

Tags: Online Auctions, IronPlanet, Heavy Equipment

November 17, 2016 - Product News

IronPlanet Offers Fixed and Negotiated Pricing Format

Screenshot via IronPlanet.com

The online used equipment marketplace IronPlanet has launched a new allEquip fixed and negotiated pricing format with a "Make Offer" feature.

Tags: Online Auctions, Auctions, IronPlanet, TruckPlanet, GovPlanet

November 17, 2016 - Industry News

IronPlanet's Truck Locator Enables Multiple Purchases

IronPlanet has launched Fleet Services featuring IronPlanet Truck Locator that provides access to more than $200 million in Class 8 and other trucks to meet the needs of multi-unit and fleet buyers, according to IronPlanet.

Tags: Fleet Services, IronPlanet

November 15, 2016 - Industry News

Houston Auto Auction Joins ServNet

Photo of the Houston Auto Auction courtesy of ServNet.

The Houston Auto Auction has joined the ServNet independent auction group. The auction, which is located on 24 acres in north Houston, sells fleet, lease, and dealer vehicles every Tuesday.

Tags: ServNet, Texas Auctions, Independent Auctions

November 9, 2016 - Press Release

IronPlanet to Hold Humvee Auction

Photo courtesy of Iron Planet

IronPlanet announced that its GovPlanet marketplace will hold its latest All-Humvee online auction sale of U.S. Army and U.S. Marine Corps Humvee vehicles on Nov. 15.

Tags: Online Auctions, Humvee, GovPlanet, Iron Planet

November 4, 2016 - Industry News

Depreciation Bites Harder in October, Black Book Says

Photo of 2015-MY Chevrolet Colorado courtesy of GM.

Depreciation for 1- to 5-year-old vehicles saw a significant increase to 2.9% for October from the 2.3% September rate with passenger cars seeing greater weakness, according to Black Book.

Tags: Black Book, Depreciation, Wholesale Prices

October 27, 2016 - Industry News

GM's Duramax 6.6L Boosts Capability, Resale Value

Photo by Chris Wolski.

GM’s redesigned Duramax 6.6L turbo-diesel offers a number of advantages to fleets including increased horsepower and torque, and fleets are showing interest in the new engine, which will be available in the 2017 Chevrolet Silverado HD.

Tags: General Motors, Chevrolet SIlverado HD, Diesel Engines, Duramax

October 24, 2016 - Press Release

IronPlanet Sells $99M in Gross Merchandising Volume

IronPlanet announced that it sold 9,890 items from auction events in the month of September, which sold for more for more than $99 million in GMV (Gross Merchandise Volume).

Tags: IronPlanet, Humvee, Online Auctions

October 20, 2016 - Industry News

Used Pickup Sales Weakening

A rising supply of used pickups coupled with aggressive pricing for new models is expected to cause a weakening in values in the wholesale market, according to new data from Black Book.

Tags: Depreciation, Black Book, Used Truck Sales, Large Pickups, Forecast

October 4, 2016 - Industry News

Humvees Top GovPlanet Sales

Photo courtesy of GovPlanet

GovPlanet released its top five sellers since the marketplace’s launch in November 2014. Humvees are the top-selling items by value and type, and the company has sold nearly 5,000 Humvees for more than $40 million in gross merchandise value.

Tags: Humvee, Military Surplus, GovPlanet

September 8, 2016 - Industry News

Car Depreciation Accelerates in August, Trucks Steady

Photo of 2012 Ram 1500 courtesy of FCA.

Rising car depreciation put a drag on used vehicle sales, which fell in value significantly more sharply in August compared to July and August from a year ago, according to Black Book.

Tags: Depreciation, Black Book

September 8, 2016 - Press Release

IronPlanet Introduces Online Bidding Platform

Screencapture of www.ironplanet.com

IronPlanet LiveStream will sell 3,500 items across IronPlanet, GovPlanet, Leake Auto, Kruse Energy, and Cat Auction Services in one week.

Tags: IronPlanet, Online Auctions, Heavy Equipment

August 29, 2016 - Industry News

Ritchie Bros. Acquires IronPlanet

Vancouver-based Ritchie Bros. Auctioneers has acquired online auctioneer IronPlanet of Pleasanton, Calif., for $758.5 million, the company announced.

Tags: Ritchie Bros. Auctions, Mergers & Acquisitions, IronPlanet, Auctions, Heavy Equipment

August 23, 2016 - Industry News

TCO for Hybrids Failing to Keep Pace

Photo of 2016 Fusion Hybrid courtesy of Ford.

Only seven of 29 hybrids offered in the 2016 model year showed a lower total cost of ownership than their gasoline counterparts, representing a sharp decline from 2012 levels, according to an analysis by Vincentric.

Tags: Vincentric, TCO, Audi Q5 Hybrid, Ford Fusion Hybrid, Toyota Prius C, Toyota Avalon Hybrid, Gasoline-Electric Hybrids

August 9, 2016 - Industry News

Depreciation in Most Segments Improves in July

Photo of 2015 Transit courtesy of Ford.

Used vehicles from the 2011 to 2015 model years depreciated 1.5% in July, a slight improvement over June's 1.7% depreciation rate, reports Black Book.

Tags: Depreciation, Black Book, Full-Size Vans

August 8, 2016 - Press Release

Dept. of Defense Extends Contract with IronPlanet

The U.S. Department of Defense’s Defense Logistics Agency (DLA) has executed its option to extend its Commercial Venture 4-Rolling Stock (CV4-R) contract with IronPlanet, allowing the company to continue to sell rolling stock surplus assets of the DLA.

Tags: IronPlanet, Defense Logistics Agency

July 27, 2016 - Industry News

Most Used-Vehicle Segments Decline at Steady Rate

Chart: Black Book

Most used-vehicle segments are showing a steady rate, according to Black Book's most recent market report. Overall car values decreased by 0.53% during the past week. During the previous four weeks, the average depreciation rate was 0.43%.

Tags: Depreciation, Pickup Trucks, Black Book

July 13, 2016 - Press Release

IronPlanet Adds Instant Financing Options

IronPlanet announced that buyers on IronPlanet, TruckPlanet, and GovPlanet can take advantage of instant express financing on equipment purchases when they want to bid.

Tags: Vehicle Financing, IronPlanet, TruckPlanet, GovPlanet

July 11, 2016 - Industry News

Used Vehicles Depreciate 1.7% in June

Photo of 2015 Chevrolet Colorado courtesy of GM.

The average price of a used vehicle for model years 2011-2015 depreciated 1.7% in June, following light depreciation in May. These vehicles fell 15.4% in value from year-ago-levels, according to Black Book.

Tags: Depreciation, Pickup Trucks, Black Book, Vehicle Depreciation

July 1, 2016 - Industry News

Pa. County Reduces Take-Home Fleet

File photo by Vince Taroc

Commissioners from Armstrong County (Pa.) have adopted a policy to reduce the county's take-home fleet by 75% to reduce operating costs.

Tags: Take-Home Vehicles, Fleet Reduction, Operating Costs

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Jerome "Jerry" Geckle was a former president of PHH Arval (then Peterson, Howell & Heather, Inc.) and chairman of the board of PHH Corporation from 1980-1989.

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