A fleet with a vehicle replacement fund to which resale proceeds are returned makes the fleet manager more accountable for the disposal of surplus vehicles and equipment. It is in the fleet manager’s best interest to maximize resale proceeds to offset the cost of new vehicles.
The days of paper condition reports are receding rapidly. SGS Automotive Services combines technology with expertise to help fleet managers better manage depreciation.
The emergence of online resale guides has prompted some fleet managers to use them as industry benchmarks to measure resale performance. Other fleet managers are now using online sales guides to price employee sales vehicles
An estimated 250,000 to 1.2 million vehicles were damaged or destroyed by Hurricane Katrina. There were approximately 20,000 commercial fleet vehicles in the Gulf Coast at the time of the Hurricane with as many as 2,000 units destroyed or damaged.
Offered online through Northwood University, IARA online remarketing education modules offer the opportunity for fleet managers, both seasoned veterans and rookies, to learn more about remarketing on their own time.
Amid the heat and humidity of a southern summer, remarketing conference attendees discussed vehicle values and technology’s impact on selling and heard from industry leaders on benchmarking and auction best practices.
Eight eBay sellers were ordered to pay nearly $90,000 in restitution and fines after admitting they bid up products online to inflate the prices, according to an Associated Press report.
GM and Ford throttled back incentives on new cars and trucks slightly Nov. 2 after steep discounts in September and October helped the automakers pare down inventories of remaining 2004 models, according to an article in the Detroit News newspaper.
Dealix Corporation, an automotive Internet marketing service announced that Dealix's InvoiceDealers new car buying service will have featured placement on the Kelley Blue Book website.
DriveTime, a chain of used-car dealerships catering to consumers with credit problems, plans to expand to 100 locations by the end of 2006, according to the Arizona Republic newspaper.
Manheim will host a unique Ford Factory sale Nov. 11 at Lauderdale-Miami Auto Auction (LMAA) with inventory of special interest to taxi and livery companies.
December 31 is the deadline for taxpayers to write off the fair market value of a vehicle donated to charity. Under new legislation effective January 1, taxpayers must use the vehicle’s actually sale price from wholesale auction in deductions for charitable vehicle donations.
Remarketing Services of America, Inc. a unit of Fiserv Lending Solutions, will now be known as RSA Solutions, Inc. (RSA) to reflect the organization's expanded scope of service offerings.
ADESA Inc. is ready to grow now that it is spun off from ALLETE Inc., company executives told Automotive News.
GE Commercial Finance, Fleet Services has netted an additional $6.9 million in resale for out-of-service fleet vehicles since the start of its partnership with Carfax on Oct. 13, 2003. As part of the partnership, wholesale buyers purchasing used vehicles from Fleet Services have had access to extensive documentation on these vehicles’ past service and maintenance through Carfax Vehicle History Rep
The Conference of Automotive Remarketing drew a professional crowd that networked for business and cultivated industry friendships.
View more photos
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
