May 15, 2008
Three year old used cars depreciated less in the three month period ending May 1, 2008 than in the previous three month period, which ended April 1, 2008, according to Black Book.
Tags: Black Book , fuel economy, used cars, vehicle depreciation
April 24, 2008
Prices in all used-vehicle segments were down or flat in the first quarter, contrary to the typical pattern of increasing prices at auctions in the January-through-March period.
Tags: AuctionNet, NADA, used cars, used vehicles, used-vehicle prices
April 17, 2008
The average values of vehicles produced between 2005 and 2003 dropped roughly 16 percent, from $17,345 to $14,441, since March 2007.
Tags: Black Book , market values , rising gas prices, used car value, used cars
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By Mike Antich Today, Oct. 7, the Federal Reserve Board announced that it is invoking emergency powers to create a special fund to support the U.S. commercial paper market. The announcement by the Federal Reserve allows corporations to bypass the current credit gridlock gripping the nation’s economy. This has an impact on the fleet market since one source of financing for large fleets is the commercial paper market.
By Mike Antich Reducing unnecessary idling is the simplest and easiest way for a fleet to reduce fuel costs. Besides wasting fuel, excess idling also causes unnecessary emissions, noise pollution, and needless engine wear-and-tear. The amount of unnecessary idling varies by fleet, but some fleets have recorded idling as much as 35 percent of the time.
By Mike Antich
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In This Issue: Marketing & Sales Insights, Internet, Buy-Here, Pay Here and much more…