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The Effect of COVID-19 on Remarketing
The onset of the pandemic put a pause on live auctions and shifted sales online. Is it a trend that’s here to stay?
The onset of the pandemic put a pause on live auctions and shifted sales online. Is it a trend that’s here to stay?
The industry quickly turned to online services when the pandemic hit, utilizing digital-only sales, which ultimately kept the industry from halting completely.
Government Fleet often shares programs and initiatives that lead to great success, but those ideas often require significant investments in time or money. Here, we turn to the smaller ideas that are simpler and easier to implement.
Manheim's president who oversees the inventory solutions unit offers thoughts on fleet mobility services, bringing artificial intelligence to inspections, and the company's diversification strategy.
A report from the New York State Comptroller found that one state agency allowed a supervisor to choose surplus vehicles and sell them to his immediate family and lost track of a fleet vehicle.
The Knoxville (Tenn.) Police Department has arrested a 19-year-old man after receiving complaints that he was impersonating a law enforcement officer. He was driving a decommissioned 2010 Ford Crown Victoria.
Is your fleet remarketing program performing its best?
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.
For fleets, technology is enabling a more efficient way to use vehicles, increase utilization, and more precisely match the type of vehicle to usage.
When it comes time to put used police cars for sale, there’s more work to be done than just turning the vehicles over to the auctioneer.
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.
While some types of “green” vehicles have been around for a while, newer technologies on vehicles make resale value difficult to estimate.
The ongoing economic recovery has fueled slightly higher depreciation for medium-duty trucks. It is expected that overall depreciation for 2015 will be 15.5-16.5 percent.
The full-size pickup fleet segment depreciated by only 4.9 percent over the past 12 months; however, this rate is unlikely to continue into 2015.
The used full-size van market has remained strong throughout 2014, but it is expected to decline in 2015. Part of the reason for the strength of the used van segment is the discontinuation of traditional U.S.-style vans by OEMs as the new European-style vans are released.