Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

Remarketing

Photo via Peter Stevens / Flickr

News

High-Mileage Vehicle Depreciation Strengthens

Vehicles over 100,000 aren’t depreciating at the same as they used to due mostly to a tight supply of late-model used vehicles, according to Edmunds’ Q3 Used Vehicle Market Report.

Courtesy of Manheim.

News

Manheim's Used Vehicle Values Rise 6 Straight Months

Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.

Articles

Can Fleets Subscribe to a Vehicle?

For fleets, technology is enabling a more efficient way to use vehicles, increase utilization, and more precisely match the type of vehicle to usage.

News

Hurricane Replacement Still Boosting Used Vehicle Prices

The average price of used vehicles model years 2012-2016 fell 0.7% in September, with the lion’s share of that depreciation coming from the car segment, according to Black Book. As of September, all vehicles are averaging a 12-month depreciation of 14.5%.

Photo of flooded vehicles in Houston by the Texas Air National Guard.

Articles

Salvage Auctions Estimate Volume of Hurricane-Damaged Vehicles

While the effect that Hurricane Irma had on Insurance Auto Auction's and Copart's operations in Florida was relatively mild, Houston was a different story.

Photo via Wikimedia.

News

Wholesale Medium-Duty Truck Values Continue to Fall

Depreciation among wholesale medium-duty trucks continued to rise through July and August, according to Black Book’s September Specialty Markets report.

Photo: Manheim

News

Manheim Improves Vehicle Valuation Tool

Manheim has updated its vehicle valuation tool, the Manheim Market Report (MMR), to provide more detailed valuations of used vehicles to increase transparency and improve the remarketing process, the company announced.

Carpe Diem Cleaning bought used police vehicles at auction to build its fleet for a more reasonable price. Photo courtesy of Carpe Diem Cleaning.

Articles

Cleaning Company Stocks Fleet with Police Cruisers

Looking to build a fleet for a reasonable price, Carpe Diem Cleaning bought used police vehicles at auction. The cruisers have been great for space and dependability, and they also make a good marketing tool.

According to J.D. Powers, the average sleeper tractor retailed last month was 74 months old, had 443,714 miles and sold for $47,728. Photo: Evan Lockridge

News

Used Truck Prices Hold Firm in July

J.D. Powers analysts found prices for used trucks remain high as volume levels dropped, while retail prices continue to hold steady as well.

Photo of 2012 Tacoma courtesy of Toyota.

News

Vehicle Depreciation Shows Pockets of Strength at Midway Point

The average price of a used vehicle for model years 2012 to 2016 decreased in value 1.3%, slightly more than the 1.2% decrease in May, according to Black Book. The price of cars overall dropped 1.8%, while trucks decreased 0.8% in value in June. All vehicles are averaging a 12-month depreciation of 16.7%.

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Remarketing

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