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Used Vehicle Supply Edges Higher

Used Vehicle Supply Edges Higher

The average listing price of about $27,000 is running 25% above year-ago levels and 38% over pre-pandemic 2019 levels.

November 22, 2021

ADESA Simplifies Online Self-Checkout for Customers
The State of the Wholesale Used-Vehicle Market
Wholesale Used Vehicle Prices Reach Historic High

Wholesale Used Vehicle Prices Reach Historic High

October figures show buyers are much more aggressive in purchasing than is typically the case in the fall. Combined sales into large rental, commercial, and government buyers were down 24% year-over-year in October.

November 5, 2021

Year-To-Date Fleet Sales Outpace 2020

Year-To-Date Fleet Sales Outpace 2020

But volume for rental, commercial, and government vehicle purchases is still well below levels seen in the pre-pandemic year of 2019.

November 4, 2021

Ford and Newlab Announce Startups to Pilot New Electric Vehicle Tech
Fleet Vehicles of the Year Voting Live

Fleet Vehicles of the Year Voting Live

The poll is live for the 2021 Fleet Vehicles of the Year — vote for your favorite car, truck, and/or SUV, share the link, and help contribute to the next Fleet Vehicle of the Year.

November 2, 2021

Unscheduled Maintenance Costs Increase 3% in CY-2021

Unscheduled Maintenance Costs Increase 3% in CY-2021

Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer. This caused repair spend to increase in 2021.

October 28, 2021

Donlen and Wheels to Merge

Donlen and Wheels to Merge

Athene is the lead investor in the new mega company, consolidating two of the most well-known fleet companies in the world.

October 28, 2021

Extended Cycling & Part Shortages Stress Warranty Recovery in 2021
EVs: Residual Values and the Total Cost of Ownership
Higher Commodity Prices Exert Upward Cost Pressure on Tires

Higher Commodity Prices Exert Upward Cost Pressure on Tires

Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.

October 26, 2021

Preventative Maintenance Costs Increase 3-5% in 2021

Preventative Maintenance Costs Increase 3-5% in 2021

Many factors converged to exert upward pressure on PM costs, such as longer vehicle service lives due to limited product availability; the ongoing transition to synthetic oils; and higher labor rates to attract scarce technicians.

October 26, 2021

Unscheduled Maintenance Costs Increase 3% in CY-2021

Unscheduled Maintenance Costs Increase 3% in CY-2021

Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer, causing repair spend to increase in 2021

October 26, 2021

Manheim Offers Clients Extra Protection for Digital Purchases
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