Managing the Financial Side of Commercial Fleets

Remarketing

Photo of Chevrolet Express van courtesy of GM.

News

Full-Size Vans Holding Resale Value

Three-year-old full-size vans retained the most value among trucks, vans, and SUVs in the wholesale used vehicle market, according to Tom Kontos, KAR Auction Services' chief economist.

Photo courtesy of Getty Images.

Articles

How to Minimize Vehicle Depreciation Costs with Data

Depreciation can account for a large portion of a vehicle’s lifecycle costs. While there is no escaping from the fact that vehicles are depreciating assets, there are ways to control and minimize the depreciation costs you incur.

Graphic courtesy of Getty Images.

Articles

Eliminating Hidden and Soft Fleet Costs

It never ends; management wants cost reduction, and fleet managers must come through, year after year. Beyond those ‘hard’ costs that are easily measured are soft and hidden costs that are equally important. Here are some tips on finding, and eliminating such costs in your fleet.

Attendees socialize at the CAR exhibit hall in 2017. Photo: Steve Reed.

News

Examining Used-Vehicle Data Privacy at CAR

The 2018 Conference of Automotive Remarketing (CAR) will be comprised of myriad keynote presentations and industry meetings that touch on pressing topics in vehicle remarketing, including a town hall discussion on how data privacy and cyber security threats are impacting the industry.

Screenshot via KAR Auction Service.

News

Fleet Consignor Prices Rise 4.1% in January

Wholesale used vehicle prices for vehicles from fleet or lease consignors increased 4.1% in January from the prior month, but fell 0.3% from the same month a year ago, according to the latest Kontos Kommentary.

Logo: KBB

News

Lowest 5-Year Cost-to-Own Vehicles Named

Five General Motors vehicles from the 2018 model year have the lowest cost to own in their categories over a five-year period, while four Toyota or Lexus vehicles also made an annual list from Kelley Blue Book.

News

Fleet Lease Consignor Prices Fall 1.9% in December

Average wholesale prices for fleet lease vehicles were down 1.9% month-over-month, but up 0.4% year-over-year, according to Tom Kontos, KAR Auction Services' chief economist.

File art

News

Used Car Market Should Grow 1% in 2018

The used vehicle market should grow about 1% in 2018 bolstered by a federal tax cut and influx of utility vehicles, while new vehicle sales are expected to remain flat, according to Cox Automotive's senior economist.

2017 model-year vehicles over a 36-month period with an average of 20,000 miles a year. Vincentric market price is based on invoice price plus destination charge minus published fleet incentives, if any. Cost data from Oct. 2, 2017. Regular fuel calculated at $2.49.

Articles

TCO Champs: Crossovers or Sedans?

As consumers and automakers continue to migrate away from sedans toward crossovers, there are no clear winners when analyzing total cost of ownership of individual models.

Schappert

News

LeasePlan USA Names Remarketing Director

LeasePlan USA has hired Phil Schappert as director remarketing to oversee vehicles through a variety of channels, the Alpharetta, Ga.-based fleet management company announced.

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Remarketing

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FleetFAQ

Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

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Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

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Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

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Ron Shoemaker founded Flexco in 1992.

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