Best Practices in Fleet Remarketing Partnerships
Public fleets teaming up on vehicle remarketing, whether with another public agency or a private auctioneer, talk about how they do it and what they’ve learned.
Public fleets teaming up on vehicle remarketing, whether with another public agency or a private auctioneer, talk about how they do it and what they’ve learned.
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.
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.
IronPlanet LiveStream will sell 3,500 items across IronPlanet, GovPlanet, Leake Auto, Kruse Energy, and Cat Auction Services in one week.
Vancouver-based Ritchie Bros. Auctioneers has acquired online auctioneer IronPlanet of Pleasanton, Calif., for $758.5 million, the company announced.
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.
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.
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.
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%.
IronPlanet announced that buyers on IronPlanet, TruckPlanet, and GovPlanet can take advantage of instant express financing on equipment purchases when they want to bid.
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.
Commissioners from Armstrong County (Pa.) have adopted a policy to reduce the county's take-home fleet by 75% to reduce operating costs.
IronPlanet has been named an NJPA Awarded Contract Vendor by the National Joint Powers Alliance and will begin offering a self-listing online marketplace called GovPlanet Direct to help agencies dispose of smaller items, the online remarketer has announced.
IronPlanet wil be auctioning equipment from Volvo, Caterpillar, John Deere, Bobcat, Kenworth, Ford, Dodge and more during its Cat Auction Services unreserved public auction this month.
Used vehicle values from the 2010 to 2014 model years fell 0.5% in May from April levels with cars showing a slightly higher depreciation rate than trucks, according to Black Book.
As vintage Chevrolet trucks increase in popularity with enthusiasts, more trucks are going up for auction and sale prices for the most coveted trucks keep increasing. As we look back at 100 years of Chevy truck history, here’s a gallery of the nine most expensive Chevrolet trucks sold at Barrett-Jackson auctions to date. Photos courtesy of General Motors.
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