Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

Market Trends

Low Inventory of Vehicles Continues to Bolster Wholesale Resale Values

April 11, 2006, by Mike Antich

“There’s lots of demand for used vehicles,” said Layne Weber, vice president of remarketing for Donlen Corp. “Typical fleet cars that are cycled under similar parameters are stronger in resale value this year than they were last year. There’s been a steady upward trend in prices for the past two years.” The lower inventory of units in the wholesale market has also increased the sold percentage of vehicles run at auction sales. “Nowadays, we are disappointed if an auction sale doesn’t sell 75 percent of what we run. It is not uncommon to see sales over 90 percent.” In addition, fleets benefited from a strong seasonal resale market. “Resale values for cargo vans and work trucks were especially strong this spring because of high demand from seasonal labor companies, such as contractors and landscapers.” Also, the low inventory of pickups in the wholesale market continued to keep dealer demand high. “There are few late-model pickups at auction. The volume is very low,” added Weber. Vehicle segments with soft resale values are large SUVs and minivans. High gasoline prices have dampened demand for large SUVs, but not all SUVs. “We continue to get incredible prices for compact SUVs, such as the Liberty and Escape,” said Weber. Resale values for minivans continue to be soft. “But there is still a strong market for minivans as long as you understand the pricing dynamics,” said Weber.The strongest resale markets are the Pacific Northwest and the Southwest. Certain metro markets in the Midwest are very weak, prompting relocation of vehicles to stronger markets.

Comment On This Story

Email: (Email will not be displayed.)  
Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that comments may be moderated.

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Sponsored by

Chevrolet's all-electric vehicle, introduced in 2011.

Read more

Author Bio

Mike Antich

sponsored by

Editor and Associate Publisher

Mike Antich has covered fleet management and remarketing for more than 20 years and was inducted in the Fleet Hall of Fame in 2010.

» More

More From The World's Largest Fleet Publisher