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Acquisition Remarketing

Are Paratransit Vans a practical choice for Religious Communities?

Posted by Kyle Forbush on Dec 15, 2020 2:04:10 PM

Entervan_image_1   PARATRANSIT VAN 

As the average age of drivers who live in Religious Communties continues to rise, the need to provide transportation that can accommodate wheelchairs and scooters also increases. While some look toward public transportation or a car service, many Communities are looking at a more cost effective approach for transporting members who are no longer driving.

This was the conundrum facing one of our CARITAS clients, a community of Women Religious who wondered if there was a more practical way to take their Sisters to doctor appointments, shopping, or just to see the holiday lights.  While car pooling in a normal minivan might work for some, the Sisters who must use wheelchairs are often not able to enjoy these outings. So, here's what we did . . . 

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Topics: Fleet Considerations

Vehicle Depreciation and Lifecycle Cost

Posted by Kyle Forbush on Dec 9, 2020 9:31:05 AM

07-29-GREENLIGHT-Auction-Industry-SurveyWhen calculating the life-cycle cost of a vehicle, deprecation is the single biggest factor to keeping the cost low.  Depreciation should be on a fleet manager’s mind or on the mind of anyone who regularly buys new cars. According to Phillip Reed, senior consumer editor at Edmunds.com, a vehicle can lose 30 percent of its’ value in the first year and as much of 50 percent in the first three years.Given these numbers, it is important to look at what factors can affect resale value and ultimately vehicle depreciation.

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Topics: Remarketing, Fleet Considerations

How To Charge Your Electric Vehicle

Posted by Kyle Forbush on Nov 26, 2019 9:00:00 AM

Last week, we wrote about the different types of electric vehicles on the market, from plug-in hybrids to fully-electric vehicles which run on electrical power that is transferred to your car via an external source. But what are these external sources of power? In this article, we will review how electric-vehicle charging functionally works, the 3 basic charging levels available today, and the degree of their accessibility to drivers on the road & at home.

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Topics: GreenTechnology, Driving Green, Acquisition

What are the different types of electric vehicles?

Posted by Kyle Forbush on Nov 14, 2019 9:30:00 AM

alternative-auto-automobile-battery-110844The number of electric vehicles (EV's) on the road is continuing to rise from about 1 million at the end of 2018 to a projected 18.7 million by 2030. Concurrently, fleet management organizations are promoting the incorporation of EV's into their clients' fleets more than ever before. So what should you know about vehicles that run on electricity? 

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Topics: Fleet Considerations, GreenTechnology, Driving Suggestions, Driving Green, Acquisition

Industry Insiders: The Crossover

Posted by Kyle Forbush on May 1, 2019 10:12:15 AM

We are living in a century of farewells to many reliable, traditional methods of living. The U.S. Postal Service is slowly becoming defunct as e-mail, text messaging and social media take its place with unsurpassed speed & convenience. Cinemas are suffering because of streaming services like Netflix and Amazon Prime (Blockbuster & friends are already long-gone). In a more relevant occurrence, the American "sedan" is losing popularity and U.S. automakers are abandoning its production. Coming to take its place? Well, we'll get to that. 

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Topics: Fleet Considerations, Driving Suggestions

The Best Compact Fleet Vehicles of 2019 - E-Book

Posted by Kyle Forbush on Apr 5, 2019 12:03:25 PM

Cover Photo E-Book CVSWith the new year has come a fresh line-up of vehicles and an increased, nation-wide focus on driver safety. At the NAFA (North American Fleet Association) conference that preceded the 2019 Milwaukee Auto Show, every manufacturer representative made sure to highlight the ways in which their organization has prioritized safety and explained the advanced safety features that come with their 2019 models. 

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Topics: Fleet Considerations, Driving Suggestions, Acquisition

How to sell your fleet vehicles for more money

Posted by Kyle Forbush on Mar 19, 2019 2:14:00 PM

paratransit-conversion-10628"My minivan sold for how much?" My client asked, flashing a look of delight, surprise and slight disbelief. We politely reassured her that, yes, her para-transit minivan was sold at the previous week's Manheim Auto Auction for twice the sale price we anticipated. The minivan was originally acquired for $40,000, and the Mannheim Auction's "Condition Report" came back with some minor maintenance issues. This put our expectations at somewhere between $6,000 and $8,000. At the end of the day, Caritas received an e-mail from Manheim stating that the proposed highest bid was $14,600. Our client gladly accepted the offer. 

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Topics: Remarketing, Lowering Fleet Costs, Fleet Considerations, Fleet Discounts

When & How To "Go Electric"

Posted by Kyle Forbush on Mar 14, 2019 3:38:20 PM

Nissan_LeafWith more auto manufacturers producing cost-efficient electric-vehicles and a growing national investment into EV infrastructure, adding EV's into one's fleet is becoming an enticing opportunity.The question is becoming less, "Should I go electric?" and more "When and how do I integrate electric vehicles into my fleet?" 

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Topics: Fleet Considerations, GreenTechnology, Driving Green

When Should You Replace Vehicles In Your Fleet?

Posted by Kyle Forbush on Mar 13, 2019 10:48:48 AM

Businessman hand drawing increasing graph on media screenAutomobiles are vital assets that inevitably depreciate over time. Our latest brief serves as a guide to help you determine the optimal point to replace any vehicle in your fleet. Knowing the replacement process will allow your Community to grow & prosper rather than suffer economic losses. Click on the link below to learn more!

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Topics: Remarketing, Lowering Fleet Costs, Fleet Considerations

Brief: Volume Fleet Incentives

Posted by Kyle Forbush on Feb 18, 2019 2:49:32 PM

View of row new car at car dealershipThe process of acquiring new vehicles can sometimes make you feel like the victim of high-way robbery (pun intended). Luckily, there are manufacturers who actually strive to help cut costs in many ways, especially if you operate a fleet. Many car companies offer volume incentives and VIP programs, which greatly reduce not only the acquisition cost but also the life-cycle cost of every vehicle in your fleet. 

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Topics: Lowering Fleet Costs, Fleet Considerations, Fleet Discounts

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