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The hottest segment today is facing a glut of models and volume in tomorrow’s wholesale market.
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Car rental companies are migrating to vehicle segments with better residual values, though not without bumps in the road.
Read More →Taking in the seminars, discussions, and networking at the 2016 Auto Rental Summit, trend lines emerged around shifts in model mix, data protection issues, increasing labor costs, workforce engagement, and new platforms to rent cars.
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The 2014 Auto Rental Summit was a great place to assess the state of the car rental market, both the good and the bad.
Read More →Leo Burns, General Motors’ residual value management guru, shares what was broken and how it’s being fixed.
Read More →Bob Barton, president of the American Car Rental Association, asks the car rental industry for discipline, consensus and cooperation on the things that, if implemented, will benefit the industry as a whole.
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RBC Bearings saved lease and maintenance expenses by moving to a shorter cycle with a flexible closed-end lease.
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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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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.
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