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According to Black Book, as of Nov. 1, 2014, the overall fleet vehicle market depreciation rate for the previous 12 months stood at 12.1%. 2015 Resale Forecast For Cars, Vans and Trucks
The depreciation rate for cars is expected to outpace trucks and vans, which will be aided by strong demand from small fleet buyers.
With the completion of the current orders for the 2015 Chevrolet Express (pictured) and GMC Savana 1500 series units, the transition to the European-styled units is complete. 2015 Resale Forecast for Full-Size Vans
The used full-size van market has remained strong throughout 2014, but it is expected to decline in 2015. Part of the reason for the strength of the used van segment is the discontinuation of traditional U.S.-style vans by OEMs as the new European-style vans are released.
Vehicle Valuation 101
Understanding depreciation, how vehicles are valued and when to remarket can improve your total cost of ownership.
Chart 1: The depreciation averages in this analysis demonstrate the common rule of thumb that vehicles lose the lion's share of their value from the moment they're driven off the dealer's lot until year two, and then depreciate on a gentle slope thereafter. How to Crunch the Numbers on Replacement Cycles
Running your fleet vehicles longer isn't always the most cost-effective choice.
A bold color choice may make a statement or be a means to meet a corporate need, but fleets that want to maximize their resale returns will stick with white. Photo credit: Ford Motor Co. Spec'ing Medium-Duty Trucks for Maximum Resale
Fleets should consider engines, transmissions, upfits and color choices to maximize total cost of ownership.

Remarketing News

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Photo of 2015 Jeep Wrangler courtesy of FCA US.
Compact SUVs Bolster April Depreciation
Compact SUVs held the strongest retention value in April, increasing 2.8 percent in a month that saw overall depreciation largely unchanged from March levels, according to Black Book.
Photo of 2015 F-150 XL courtesy of Ford.
Vincentric Analyzes 2015 F-150 TCO
By Paul Clinton
The jury is still out on total cost of ownership (TCO) for the 2015 F-150; however, fleet owners should not expect a high cost-to-own increase from the 2014 to 2015 F-150 models, according to Vincentric.
The new mobile units feature a new portability set-up that allows dealers to remove the “auction in the box” unit from the vehicle and facilitate an auction anywhere there is demand. (PHOTO: Manheim)
Manheim Expands Mobile Auction Network
Manheim has added two new trucks to its fast-growing mobile auction network. The company also outlined plans to roll out up to eight additional mobile units later this year, bringing the total number in service to as many as 24 by year’s end.
Photo of 2013 Freightliner Sprinter via Wikipedia.
Vans Lead March Depreciation in Tax Buying Season
Used vehicles in the 2009-2013 model years fell 0.7 percent in value in March in a market bolstered by tax buying season and strong residual values of full-size vans, according to Black Book.
The Toyota Camry Hybrid wins a Vincentric Best Value in America award for the fifth year in a row. Photo courtesy of Vincentric.
Vincentric Names Best Vehicle Values for 2015-MY
Vincentric named the top 21 vehicles in its annual “Best Value in America” Awards for the 2015 model year based on total cost of ownership for the consumer market.
Photo of 2013 Chevrolet Tahoe courtesy of GM.
Cold Weather Strengthening Used SUV Sales
The average price of a used vehicle fell 1.2 percent in February as colder weather brought strength to SUV segments for the month, according to Black Book.
Photo via Wikipedia.
ADESA Exits Multiplatform Online Auction Initiative
ADESA will not participate in an automotive remarketing industry initiative to establish a platform that would allow simultaneous bidding on vehicles listed on multiple online auction sites.
Photo courtesy of Ricky Beggs.
Ricky Beggs Retiring From Black Book
Ricky Beggs will retire from Black Book on April 1 as one of the leading authorities in the vehicle remarketing industry after a 34-year career with the used-vehicle data provider.
Photo of 2013 Chevrolet Tahoe courtesy of GM.
Domestic Cars Outperform Trucks in January Depreciation
Full-size cars finished January with the strongest retention value in a month that saw used vehicles depreciate 1.2 percent, according to Black Book's monthly report.
Photo via Wikipedia.
Vehicle Depreciation to Accelerate in 2015
Last year the depreciation rate on used vehicles reached 12.1 percent, which was lower than the initial forecast. For 2015, depreciation levels are expected to hit 14.5 percent, according to a new report from Black Book and Fitch Ratings.

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Remarketing

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