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Used Vehicles Thriving in 2018

Used-vehicle values have performed better year-over-year, despite an off-lease tidal wave in 2018.

Used-vehicle values have held strong this year. A strong economy and more efficient remarketing strategies are helping make 2018 a banner year for used-vehicle values.

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Wholesale Fleet Vehicle Values Fall 1% in June

Mid-size sedans, in particular, performed well in the wholesale market. Mid-size sedan...

Off-lease fleet vehicles sold in the wholesale market at auction fell 1% in value in June from the prior month but increased 7% from a year ago, according to Tom Kontos, KAR Auction Services' chief economist.

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

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Compact Vans, Crossovers Fare Best at May Auctions

Used compact vans such as the 2016 Transit Connect performed best at auction in May.

Used compact vans and several categories of crossovers increased in value in wholesale sales, while luxury vehicles made up seven of the 10 lowest performing categories among 2013-2017 vehicles in May, according to Black Book.

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Fleet Lease Consignor Prices Rise 2.3%

Analysis by Tom Kontos, KAR Auction Services chief economist, show fleet consignors saw a 2.3%...

Off-lease vehicles from fleet consignors in the rental, commercial, and government sectors increased 2.3% in April from March and increased 5.8% from a year ago, according to analysis from KAR Auction Services.

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Fleet Lease Consignor Prices Up 6.6% in March

Screenshot of Tom Kontos, chief economist, courtesy of KAR Auction Services.

Prices for vehicles from fleet lease consignors increased 6.6% in March and are 4.9% higher than a year ago driven in part by a strong spring selling season that boosted the values significantly from February levels, according to KAR Auction Services.

Fleet FAQ

Executive Vice President of eDriving

Ed Dubens

Executive Vice President of eDriving

https://www.edriving.com/fleet/products-and-services/
Vice President

Tom Coffey

Vice President

http://www.merchantsfleetmanagement.com/
Vice President of Product Management, Verizon Connect

Erin Cave from Verizon Connect

Vice President of Product Management, Verizon Connect

http://www.fleetmatics.com/
Senior Vice President and General Manager

Bernie Kanavagh from WEX

Senior Vice President and General Manager

https://www.wexinc.com

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Full-Size Vans Holding Resale Value

Photo of Chevrolet Express van courtesy of GM.

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.

Article

Eliminating Hidden and Soft Fleet Costs

Graphic courtesy of Getty Images.

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.

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Examining Used-Vehicle Data Privacy at CAR

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

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.