Government Fleet

Remarketing

Auction Academy Expands Training Program

File photo of an Auction Academy class

The Auction Academy is expanding its training to include commercial and government fleet managers, commercial account representatives, and dealers for the first time in its five years of existence, the continuing education organization has announced.

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%.

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