GE Commercial Finance Fleet Services has introduced Time2Sell(SM), a web-based vehicle replacement product, the company said in a press release this week.
Time2Sell(SM) applies analytics to GE Fleet Services' comprehensive database to help customers make more informed vehicle replacement decisions. The program recommends the best month to sell individual vehicles using customer vehicle replacement parameters, maintenance history and monthly remarketing seasonality.
The product offers a replacement plan at the vehicle level with monthly-predicted costs, maintenance history reports, and real-time order and sale tracking.
GM data shows that using Time2Sell(SM) can save an average of $460 per vehicle, according to Brian Wright, general manager, vehicle life management for Fleet Services.