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Prepping Your Fleet Vehicles for Resale
When it's time to dispose of retired units, which vehicle prep strategies can improve resale value? Following industry basics can have a significant impact on resale prices.
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SEARCHMENUSEARCHWhen it's time to dispose of retired units, which vehicle prep strategies can improve resale value? Following industry basics can have a significant impact on resale prices.
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Follow these common sense strategies before the acquisition decision, during ownership and prior to resale to help you hold the line on residual values.
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The FASB and IASB have put a new leasing project on their agendas. The outcome will be the creation of one leasing standard applied worldwide. Is this the beginning of the end of off-balance sheet accounting for fleet leases?
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Automotive Lease Guide’s Fleet Residuals model provides fleet managers with accurate used-vehicle value projections based on historical auction resale trends, seasonality depreciation rates, and incentive levels.
Read More →Through LeasePlan’s reDrive! upstream remarketing program, powered by Driveitaway, Philips Medical Systems’ fleet has increased net realization by $106,000 as of mid-February 2006, selling 159 vehicles.
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The aggressive fleet incentives that manufacturers are currently offering commercial fleets present the opportunity to give serious consideration to substituting a compact SUV on a selector in lieu of a traditional intermediate-size fleet sedan, so long as it is capable of fulfilling the fleet application.
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