Search Close Menu

Tag Search Result

Resale

State of the Fleet Industry: 2020-CY Year End Recap & 2021 Predictions

Topics discussed included the closure of OEM assembly plants and physical auctions; declines in resale values early in 2020 followed by strong residuals through the balance of the year; pandemic-induced flattened operating costs through the year; and the boom in last-mile delivery and e-commerce.

The State of Remarketing in 2019

Overall used vehicle values are at strong levels. Crossover values are holding steady but there is cause for concern in the near future. Sedan values are expected to improve or stabilize as more crossovers enter the market.

Surprising Fleet Resale Trends

The market is shifting and you don’t want to be caught off guard. Pay attention to gas prices and retail buying trends, as well as the resale market so you don’t get caught with the wrong vehicle at the wrong time.

How to Balance Truck Application Against Resale

Your primary goal is to spec a truck to meet the intended job function, but how it is spec’ed has a direct bearing on future resale value. Therefore, it is similarly important to maintain a remarketing mindset when identifying specs.

7 Reasons Why Vehicle Condition Should Not be Part of an Employee's Annual Job Review

If an employee threw trash all over the office floor, scratched the paint off the walls, broke the light bulbs, left holes and dents in the wallboard, and skipped routine maintenance on the copier until it overheated and broke, no manager would tolerate this abuse. Yet, that is exactly what some companies tolerate when drivers abuse their company-provided vehicles.

Top 13 Trends in Commercial Fleet Management

Without a doubt, the top two challenges facing fleet managers are cost containment and safety. This pressure is emanating from senior management, mandating fleet managers reduce costs and minimize liability exposure.

Vehicle Abuse: An Overlooked Remarketing Cost

The resale value of a used vehicle is determined by three factors: the unit’s age, total mileage, and overall condition. A used company vehicle in poor condition, because of driver abuse or neglect, will result in lost resale value or incur unnecessary reconditioning expense at auction. Here's what you can do to minimize vehicle abuse.

Finding Lost Dollars in Your Fleet Budget

Fleet managers know that it's smart to focus cost-reduction efforts where the money is - depreciation and fuel. But, within these categories, there are savings that even experienced fleet managers often miss.

a Bobit media brand

Create your free Bobit Connect account to bookmark content.

The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!

Create Account

Already a member? Log In