MANAGING PUBLIC SECTOR VEHICLES & EQUIPMENT
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.
The Missouri State Highway Patrol’s fleet sales program offers quality patrol vehicles to police fleets at a fraction of the cost.
Unable to save enough in replacement funds for new vehicles, North Lakes Fire & Rescue in Maine purchased two used fire trucks for $100,000.
The Mercedes-Benz C-Class topped a list of the most recalled cars in recent model years, while the Hyundai Accent was the least-recalled vehicle during the same period, according to a report on ISeeCars.com.
The San Jacinto County (Texas) Sheriff's Office is purchasing used police vehicles to replace its aged fleet — some vehicles on the road have 300,000 miles on them.
The Manheim Used Vehicle Value Index hit a record high for the second consecutive month, as wholesale used-vehicle prices rose 1.1% month over month in June. The increase brought the Index to 129.3, a 2.5% increase from a year ago.
New-vehicle sales through the first six months of 2017 are expected to be down 2.3%, and high quality off-lease vehicles may be part of the reason why, according to Kelley Blue Book.
IronPlanet will run its end-of-quarter events from June 27 to 30, featuring an All-Humvee Auction and three equipment sales on the IronPlanet and GovPlanet websites.
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%.
Used vehicles sold at auction declined 1.5% in value in September — a depreciation pace relatively unchanged from August — in a month that saw relative strength in some truck segments and compact cars continue their slide, according to Black Book.