Search Close Menu

Remarketing

News

Used Values Decline for Fifth Straight Month

A Black Book index that measures the strength of the used wholesale vehicle market has declined...

Black Book's Used Vehicle Retention Index fell to 113.6 in April, a 0.2% decline from March. Despite the index now falling for five straight months, it is still 1.4% higher than the 112 registered a year ago.

News

2019 Depreciation Rate Up Sharply to 15%

In a new report published in partnership with Fitch Ratings, Black Book analysts say a growing...

Black Book analysts forecast an annual depreciation rate of 15% in 2019 as the supply of used cars and trucks increases, up from a "noticeably strong" 12.4% depreciation rate in 2018.

Fleet Incentives

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

News

Used Fleet Vehicle Values Rise 1.9% in January

Off-lease fleet vehicles continue their strong wholesale run, according to ADESA's chief...

The average sale price for used vehicles from fleet leasing consignors increased 1.9% to $12,706 in January from the prior month and 3.9% from January of 2018, according to Tom Kontos, KAR's chief economist.

News

Manheim Auctions See Used Values Grow in January

This growth was in large part fueled by the strong performance of lower-priced vehicles. Compact...

This growth was in large part fueled by the strong performance of lower-priced vehicles. Compact cars and midsize cars, in specific, saw the strongest growth among all vehicle segments and outperformed the overall market.

News

Used Fleet Vehicle Values Increased 6.2% in 2018

Fleet consignors saw a 6.2% increase in values in December compared to a year ago, in what was...

The average prices for used fleet vehicles sold at auction increased 6.2% to $12,464 in 2018, despite a weaker finish to the year that saw a 0.4% decline in December, according to Tom Kontos, KAR Auction Services' chief economist.

Fleet FAQ

Fleet FAQ? Fleet Safety & Risk Management

As a 14-year CEI veteran, Brian Kinniry is the driving force behind the company’s...

Senior Director, Strategic Services

Brian Kinniry

Senior Director, Strategic Services

http://www.ceinetwork.com
Associate Vice President, Strategic Partners

Sherry Calkins

Associate Vice President, Strategic Partners

https://www.geotab.com/
Vice President

Tom Coffey

Vice President

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

Bernie Kanavagh from WEX

Senior Vice President and General Manager

https://www.wexinc.com

News

Wholesale Vehicle Prices Soften in November

While overall wholesale prices weakened in November, fleet vehicle values increase 4.6%.

Overall average wholesale prices softened in November from a year ago mostly due to 2017 prices that were elevated due to increased demand from hurricanes Harvey and Irma, even though values of former fleet vehicles increased, according to Tom Kontos, KAR Auction Services' chief economist.

News

Sedan Wholesale Values Strengthen Through 2018

Prior to 2018, sedans at auction had experienced three years of consecutive value declines. For...

Prior to 2018, sedans at auction had experienced three years of consecutive value declines. For sedan-heavy fleets, this may have meant an impact to total cost of ownership for those vehicles, as profits from remarketing them would have suffered. Now companies with sedan-heavy fleets may be finding that a window of opportunity to remarket those vehicles for better profit has emerged.

News

Auctions Return to Business Following Florence

The area of Carolinas affected by Hurricane Florence is less densely populated than storms that...

Used-vehicle auctions have started resuming regular business hours following the effects of Hurricane Florence, which had less of an impact on the U.S vehicle market than Hurricanes Harvey and Irma in 2017.