Remarketing

1  -  25  of  197

February 27, 2017 - Industry News

Vehicle Depreciation to Reach 17.8% in 2017

Chart courtesy of Black Book.

The vehicle depreciation rate will reach 17.8% in 2017 on 17 million new-vehicle sales, slightly higher than the 17.3% mark recorded in 2016, according to latest forecast from Black Book and Fitch Ratings. Prior to the Great recession, annual depreciation trended between 16% and 18%.

Tags: Remarketing, Black Book, Used Vehicles, Fitch Ratings

February 23, 2017 - Industry News

IronPlanet Debuts Marketplace Direct Platform

Screenshot from Iron Planet Marketplace Direct website.

IronPlanet has debuted a new Marketplace Direct platform that offers advanced, self-listing functionality for larger-scale equipment sellers.

Tags: Remarketing, Online Auctions, IronPlanet, Cloud-Based Technology

February 10, 2017 - Press Release

IronPlanet to Hold Four-Day Equipment Auction

IronPlanet is organizing a four-day auction featuring a wide range of late-model, low-hour equipment from Caterpillar, Volvo, John Deere, Komatsu, JLG, Genie and more. The event will run from Feb. 13 to 17 and take place in Kissimmee, Fla.

Tags: Remarketing, IronPlanet, Heavy Equipment, Auctions

February 10, 2017 - Industry News

Pickups Show Lowest January Depreciation

Photo of 2015 Chevrolet Colorado courtesy of GM.

Small and large pickups were among the top performing segments in January with a 1.1% depreciation rate among two- to six-year-old vehicles sold in auction lanes, according to Black Book.

Tags: Depreciation, Remarketing, Black Book, Used Vehicle Sales

February 7, 2017 - Industry News

ALG Sets Bolt EV's Residual Value

Photo of 2017 Chevrolet Bolt EV by Paul Clinton.

The 2017 Chevrolet Bolt EV should retain as much as 39% of its value after three years of retail leasing, which is significantly better than other mainstream competitors, according to ALG.

Tags: Chevrolet Bolt EV, Chevrolet, ALG, Residual Values, Battery-Electric Vehicles, Remarketing

February 1, 2017 - Industry News

Pickup Truck Auction Values Finish 2016 Strong

Auction values for one- to three-year-old vehicles fell a substantial 6.8%, or $1,146 per unit, in the fourth quarter of 2016.

Analysts at Kelley Blue Book reported that average values for one- to three-year-old pickup trucks have remained strong as a result of high demand at auction, despite fuel prices peaking in December 2016.

Tags: Kelley Blue Book, Pickup Trucks, Mid-Size Pickups, Auctions, Large Pickups

January 18, 2017 - Press Release

IronPlanet Announces Cat Auction in Houston

IronPlanet, an online marketplace for selling and buying used equipment and other durable assets, rolls in to the Houston area on Feb. 1 for its first major Cat Auction Services Unreserved Public Auction of the of the year.

Tags: Auction, Online Auctions, IronPlanet, Heavy Equipment, CAT Auction Services

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

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