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Sunday, March 21, 2010

Business Fleet – Market Trends

1  -  6  of  6

Top 6 Fleet Trends in the Medium-Duty Truck Market

July 14, 2009

Six key trends will determine Class 3-7 medium-duty truck lifecycle costs in the 2010 calendar-year. They are diesel prices, acquisition costs, resale, maintenance costs, replacement tire expense, and environmental regulatory requirements. Here is a forecast of what to expect.

Tags: Acquisition, diesel, Fleet Trends, Medium-Duty Truck, regulations, remarketing, replacement tire costs, Resale Value

Author: Mike Antich | Posted @ Tuesday, July 14, 2009 8:43 AM | » Comments(1)

Sluggish Economy Continues to Dampen Resale Values for Medium-Duty Trucks

June 9, 2009

Resale values have significantly declined across the board on all medium-duty trucks, with five-year old medium-duty trucks decreasing, on average, between 18-23 percent in the past 12 months. Trucks older than 10 years have been more difficult to sell due to higher fuel and maintenance costs. The ongoing sluggish business environment is the key reason for the soft resale market. Here's a forecast of what's to come.

Tags: Class 3-7, high mileage, medium-duty trucks, Resale Value, soft resale prices

Author: Mike Antich | Posted @ Tuesday, June 9, 2009 11:05 AM | » Comments(0)

Resale Values Up, But Market Remains Fragile

March 20, 2009

Wholesale used-vehicle prices during fourth quarter 2008 were the worst on record. Since then, wholesale prices rose significantly in January through March. The improvement in pricing in 1Q 2009 reflects better-than-expected retail sales of used vehicles. Resale values for mid-size sedans are substantially higher than in 2008, as are prices for light-duty trucks and SUVs. However, consumer confidence and credit availability remain two wildcards to the market's ongoing vitality.

Tags: Resale Value, used vehicles, wholesale market

Author: Mike Antich | Posted @ Friday, March 20, 2009 4:13 PM | » Comments(0)

Before You Call the Police, Think of the Impact on Resale Value

March 2, 2009

Massive layoffs are occurring throughout the economy, and many companies find that terminated employees are not returning their assigned company vehicles. Sometimes, the company-provided vehicle is held "hostage" until the employer meets a grievance by the terminated employee. Unfortunately, many HR and legal departments take the "easy way" and are too quick to involve the police to expedite resolution.

Tags: company vehicles, layoffs, police reports, Resale Value

Author: Mike Antich | Posted @ Monday, March 2, 2009 3:43 PM | » Comments(0)

Predictions for Fleet in 2009

January 6, 2009

When looking ahead to the next 12 months, I foresee reduced operating costs for fleets offset by increased depreciation expense caused by anemic resale values and decreased incentive monies. Here’s why I believe this will be the case, along with other predictions for 2009.

Tags: 2009, depreciation, forecast, fuel, operating costs, predictions, Resale Value

Author: Mike Antich | Posted @ Tuesday, January 6, 2009 10:45 AM | » Comments(4)

A Perfect Storm Pummels Truck Resale Values

July 15, 2008

A combination of market forces have converged to create a “perfect storm” to drive down resale values for pickup trucks by 15-25 percent. These convergent forces are higher fuel prices, tighter consumer credit, and a stagnant construction market. As a result, the pool of buyers (hence market demand) for used trucks has contracted, putting downward pressure on resale prices.

Tags: four-cylinder, remarketing, Resale Value, truck resale

Author: Mike Antich | Posted @ Tuesday, July 15, 2008 8:56 AM | » Comments(0)

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AUTHOR BIO

Mike Antich

Editor & Associate Publisher

Mike Antich has been covering the fleet management and vehicle remarketing markets for more than 20 years. During this period, Mike has written or edited more than 4,600 articles on the subjects of fleet management, manufacturer fleet activities, the fleet leasing industry, and vehicle remarketing.

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