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Acquisition Remarketing

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

The 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

With 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

"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

With 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

Automobiles 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

The 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

Driver Safety Tips: Automatic Parallel Parking

Posted by Kyle Forbush on Feb 12, 2019 11:34:54 AM

There is nothing more embarrassing than failing to parallel park on a crowded street in the summer, when pedestrians stop to laugh and point while other drivers scorn you for taking up the road. Fear not, for those days are nearly behind us! Groundbreaking developments in car sensor technology has allowed manufacturers to offer Automatic Parallel Parking as a feature in a handful of newer model vehicles. However, like any other computerized mechanism, it will only work if you know how to use it. 

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Washington & Colorado Strive Towards Zero Emissions

Posted by Kyle Forbush on Feb 1, 2019 1:30:18 PM

Hybrid and electric vehicles can both relieve the burden of hefty fuel costs and reduce your fleet's carbon "tire-mark" -- so to speak. However, perhaps the safest way to estimate the potential benefits of going electric is to watch the ones who are already doing it. Recent developments in Washington state and Colorado, for example, have shown that the trend towards electric and hybrid vehicles is growing in legislative and business-minded popularity. 

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Topics: Fleet Considerations, GreenTechnology, Fleet Discounts, Driving Green

Driver Safety Tips: Navigating Roundabouts

Posted by Kyle Forbush on Jan 23, 2019 2:00:40 PM

Do you remember that uneasy feeling and awkward sense of confusion the first time you encountered a roundabout? You were driving down a perfectly straight road that suddenly collided with a massive, paved circle, painted with white lines and dotted with bright, yellow yield signs. Enclosed in the center of the circle is an island of grass and some shrubbery. For some, it was like driving for the first time. Roundabouts can be quite tricky to navigate, but once you know the rules of the road, follow the signage, and gain some experience, you'll discover that roundabouts will actually help you make it safely to your destination in less time and with a lower chance of a collision.

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Topics: Driver Safety, Driving Suggestions

Driver Safety Tips: Automatic Emergency Braking

Posted by Kyle Forbush on Jan 22, 2019 3:23:45 PM

Sticking with the theme of our last blog article about Adaptive Cruise Control, I will compare the intelligence of emerging auto technology to the proliferation of computer IQ in The Matrix. Many embrace the invention of cars that sense and even think for us to some extent, while others fear that it takes too much responsibility out of our own hands. And if the Matrix trilogy taught us anything, it is to avoid self-aware mechanisms. 

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Topics: Fleet Considerations, Driver Safety, Driving Suggestions

Driver Safety Tips: Adaptive Cruise Control

Posted by Kyle Forbush on Jan 18, 2019 1:08:04 PM

I-Robot came out in 2004 and introduced its audiences to a dark vision of our future where cars drive themselves, robots are utilized by humans for nearly everything, and Lake Michigan has dried up. Luckily, we're nowhere near the latter two circumstances, but the first was already being realized when the film came out.

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Topics: Fleet Considerations, Driver Safety, Driving Suggestions

Nissan Reveals The 2019 Leaf e+

Posted by Kyle Forbush on Jan 11, 2019 3:35:31 PM

The new year of 2019 sees an automotive industry abound with groundbreaking innovation in the field of electric vehicle technology. Leading the pack, per se, is Nissan's newest EV model, the 2019 Leaf e+. 

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Topics: Lowering Fleet Costs, Fleet Considerations, GreenTechnology, Driving Green

Another Surge in the Electric Vehicle Industry

Posted by Kyle Forbush on Jan 3, 2019 4:15:25 PM

The year is now 2019, and we live in an era of innovative technology that is generally designed to make our lives easier. The electric car, for example, can save a consumer hundreds of dollars a year on gas and maintenance. It is important to consider that EV’s are best used as short-range vehicles, but for someone with a short commute and casual trips around town, they can be ideal.

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Topics: Lowering Fleet Costs, Driver Safety, GreenTechnology, Driving Green

The Growing Demand for Electric Vehicles

Posted by Jody Johnson on Jul 27, 2016 10:29:41 AM

White_Tesla_Model_S_Final.jpg

Tesla Model S  (EV) 

 

Here are the top 5 selling EVs PHEVs (electric vehicles plug-in hybrid-electric vehicles) in the U.S. for the first half of 2016, from an article at fleetcarma.com: Tesla Model S, Chevy Volt, Ford Fusion Energi, Tesla Model X, and the Nissan Leaf, out of a total list of 28 EV / PHEVs, where these 5 vehicles alone equal an impressive 41,371 number of sales out of the total 28 equaling 64,296 number of sales for the first half of 2016.

                                                                                                                                                                          

White_Ford_Fusion_Energi_Final.jpg

   Lt_Blue_Chevy_Volt_Final-1.jpg

 

 

 

                        Chevrolet Volt  (PHEV)                                                                   Ford Fusion Energi  (PHEV)

 

The number of EV / PHEV sales in 2016 are growing by leaps and bounds, with June showing a 49% increase over June of 2015, and the first half of 2016 overall having a 19% increase over the first half of 2015. This is a huge sign that consumers are becoming more excited and ready to embrace the future of alternative fuel using vehicles.  And with Tesla just recently having come out with their new more affordable $35,000 Model 3 (with an astonishing waiting list of 400,000 reservations), the future of EVs just keeps getting brighter & brighter!

 

White_Tesla_X_Final.jpg                   Lt_Blue_Nissan_Leaf_Final.jpg                                        Tesla Model X  (EV)                                                                                     Nissan Leaf  (EV)                                                                                                                                                                                                     

If you would like to read the rest of this interesting article, "Electric Vehicle Sales in the United States: 2016 Half-Year Update" at fleetcarma.com, just click on the link 2016 Electric Vehicle Sales.     

 

 

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Topics: Driving Green

Green Driving for Cleaner Cities

Posted by Jody Johnson on Jun 20, 2016 12:52:49 PM

 

CCGD.jpgOn May 19th, our CARITAS team attended the Clean Cities Green Drives Conference near Chicago, IL. The event was hosted by the Lake Michigan Clean Cities Consortium, which is made up of the Chicago Area, South Shore (Northern Indiana), and Wisconsin Clean Cities coalition. These three non-profit organizations, along with nearly 100 others throughout the United States, affiliated with the U.S. Department of Energy’s Clean Cities program, focus on increasing the use of alternative fuels and advanced-vehicle technologies, reducing vehicle idling, and improving fuel economy and air quality.

The Clean Cities Green Drives Conference created a lot of excitement for us all, while learning about the newest advancements in vehicle aerodynamic design, weight reduction, stop/start technology to reduce vehicle idling, and (surprising me the most) was all the different alternative fuels now available for vehicle use.

CCGD_Tesla.jpgMany alternative fuels can improve gas mileage, reduce emissions, increase energy security, and help stimulate our economy through their development and growing consumer demand. Though, until the demand for “green” vehicles increases, the cost to purchase an alternative fuel vehicle will tend to be higher than those of more conventional vehicles. To offset this higher initial cost, and the cost of specific equipment and fuels associated with the operation of these vehicles, there are federal and state incentives that are available to qualified individuals, businesses, municipalities and the general public.

To read about some examples of alternative fuel vehicle incentives, alternative fuel vehicles and their MPG or MPG equivalent ratings, alternative fuel types and U.S. fueling station locations, (from the U.S. Department of Energy)... just click on the link Clean Cities Green Drives.

 

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Safer Driving - Top 3 Causes of Car Accidents in America

Posted by Jody Johnson on May 9, 2016 2:34:15 PM

 What would you think are the 3 leading causes of car accidents in America?  

Here are two hints... all 3 causes are human behaviors, and all are completely preventable.  

Below is a graph from the National Safety Council, which compares two images of activity in the human brain; one is an image of a person's brain while driving alone, and the second shows how the brain is affected when a person is driving while listening to someone talking on a phone. 

Multi-Tasking_and_The_Human_Brain.jpg

A lot of people believe they can do multiple tasks at the same time just as well as if they were to focus on doing just one. 

But this graph and every recent car accident statistic shows, that this belief is not only impossible, but also very dangerous to your safety, and to the safety of others. 

So, to find the answer to the question above, click on the link here Top 3 Causes of Car Accidents in America to read a brief article by Michael Pines, an accident and injury prevention expert in San Diego, who's on a campaign to end senseless injury, one blog at a time.   

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Topics: Driver Safety

Safer Driving - Exciting New Technologies

Posted by Jody Johnson on May 4, 2016 1:58:01 PM

Now you no longer have to worry about this happening to you... 

parallel_parking_fail.jpg

Have you ever had a hard time parallel parking?... I know I sure have!  Luckily, car companies have now developed new technologies that will guide you (and me), carefully and accurately, right into that perfect parallel parking spot, which in the past you would try to avoid.

Here are a couple of new features that can help eliminate some of the daily stresses of parking: 

Automatic Parallel Parking - This feature will maneuver your car into a feasible parking space, positioning you to only having to gently brake and pull forward slightly with minor adjustments.  

Back-Up Warning System - When you shift into reverse, sensors on your rear bumper will scan behind your vehicle for objects and will alert you with a vibration, sound, or image. This feature is very helpful to detect small objects that cannot be seen below your rear window. 

To watch a brief fun video on just how amazing these new technologies are, just click on the link the National Safety Council, where you can also read about these new features that are now available to you, that can make for a more enjoyable (and safer) driving experience. 

 

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Topics: Driver Safety

Dominicans receive new Fleet Incentive Program

Posted by Brad Forbush on Mar 3, 2016 8:50:53 AM

CARITAS Vehicle Services is pleased to announce that Sr. Pat Farrell, Executive Director with the Dominican Sisters Conference, has coordinated an agreement with Nissan North America that allows Dominican Communities nationwide to acquire new vehicles under Nissan's Fleet Incentive ProgramThis means a Community will receive the same pricing discounts on 2016 vehicles that are normally reserved for Nissan's largest corporate clients. Here's an example of how the program works . . .

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Topics: Fleet Discounts

Your Car Can Do What... Article #5

Posted by Gabrielle Bobinsky on Sep 11, 2015 5:22:45 PM

Wow! There are so many new safety features in these 2016 models!  Automakers are introducing new, cutting-edge vehicles with innovative features, and we're also seeing major advancements in familiar features that we rely on every day such as your car's headlights and brakes. Today's article from our “Your Car Can Do What” series is here to inform you about the advancements in familiar technologies.

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Topics: Driver Safety

Your Car Can Do What... Article #4

Posted by Gabrielle Bobinsky on Sep 8, 2015 3:32:26 PM

Do you have to drive long-distance often? Do you ever find yourself becoming a bit uncomfortable during those long rides for work or vacation? Car companies have been working hard to make their cars more comfortable for us, and they seem to offer new and improved features every time their new models come out that promise greater comfort and smoother driving. If you find it challenging to keep up with all the new features, then our“My Car Can Do What” series can help you. Check out this week's article on Adaptive & Active Suspension, and Adaptive Cruise Control . . .

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Your Car Can Do What... Article #3

Posted by Gabrielle Bobinsky on Sep 8, 2015 3:13:16 PM

Our “Your Car Can Do What” series has been created to keep you up to date on the latest safety features in new cars. The new safety features are interesting, but what about the safety features that have been around for a few years? Maybe you have an idea of what they do, but don’t really understand how they work?  Take a look . . .

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Topics: Driver Safety

Your Car Can Do What . . . Article #2 of a 10-part series

Posted by Gabrielle Bobinsky on Sep 1, 2015 4:20:49 PM

What are all these new safety features I’m hearing about? New safety technology in cars is advancing so quickly that it can be hard to keep up with all the changes. Well, we’re here to help with our “Your Car Can Do What?” blog series.

Here are some new vehicle safety features for 2016: 

Forward Collision Warning- Sensors have been placed in the front of cars with this feature. The sensors detect cars, and in some cases objects, in front of you and will alert you in case you are too close to the car. This feature is only to alert drivers of a potential hazard and should no be relied on to completely prevent a collision.

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Topics: Driver Safety

Your Car Can Do What?

Posted by Gabrielle Bobinsky on Aug 28, 2015 4:06:42 PM

Article #1 of a 10-part series on Driver Safety
Have you heard of all the new advanced safety features that are now available on 2016 model cars? To gain a sense of just how far safety technology in new cars has evolved in the past five years, take a look at your smartphone. Now think of the cell phone you carried 10 years ago. What kind of cell phone did you have 20 years ago? Right! Today's new cars are just as advanced as today's smartphones, and one area where technology is having a major positive impact is in keeping drivers safe. Sure, new cars are quieter, more aerodynamic, they get better fuel economy, and offer more features for your comfort and convenience like Bluetooth and Navigation systems. All of this is certainly impressive, but automakers truly deserve a standing ovation for investing billions of dollars to make our cars safer to drive. 

I have to admit, until I started doing some research, I hadn't even heard of many of the new driver safety features, and I sure didn't know how they actually work? It's really hard to keep up with all of this information.  So, to make it easier for the average consumer to stay informed, the National Safety Council launched a campaign on a new website called, My Car Does What.org where you'll find brief videos and info-grapghics that provide very engaging and easy-to-understand explanations of vehicle safety features for drivers like me who don't have a degree in physics.

Here's a preview of three new vehicle safety features for 2016:

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Topics: Driver Safety

New Vehicle Safety Features for 2016

Posted by Gabrielle Bobinsky on Aug 20, 2015 1:53:58 PM

Vehicle Management update! If keeping your drivers safe is a high priority, then you'll be interested in learning about some of the new safety technology that auto companies are introducing for the 2016 model year. Let's consider several General Motors 2016 models for Chevrolet, Buick, GMC, and Cadillac. These GM brands will offer 22 improved active safety technology features. The improvements will assist drivers in critical situations. “Our comprehensive safety strategy of helping customers before, during and after a crash continues,” said Jeff Boyer, vice president of GM global vehicle safety. Examples of some of these safety features include: 

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Topics: Driver Safety

Cars Of The Future Are Here!

Posted by Gabrielle Bobinsky on Jul 28, 2015 5:19:00 PM

 

We are all one step closer to driving cars of the future thanks to the University of Michigan, which just opened what they are calling "M City."  Situated on 32 acres, "M City" is a simulated town designed specifically to allow for the testing of autonomous (self-driving) vehicles.  The facility includes realistic traffic features such as merge lanes, stop lights, intersections, roundabouts, road signage, a railroad crossing, building facades, construction barriers and mechanical pedestrians. 

According to the online news source, Automotive Fleet, M City is a joint project between the University of Michigan's Mobility Transformation Center,the Michigan Department of Transportation, and several major automakers including Ford, General Motors, Honda, Toyota, Nissan, and Navistar are closely involved in this groundbreaking initiative.

So, do you think our roads and highways are ready for "autonomous vehicles?"  Are they right for you? 

Read the full article here.

 

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Topics: Fleet Considerations

Only Seven Vehicles Are Truly American-Made . . . Really?

Posted by Brad Forbush on Jul 16, 2015 12:10:08 PM

You'll probably find this hard to believe, but "American-made" autos are quickly becoming a thing of the past unless something changes.  As the U.S. auto industry becomes more globalized, fewer and fewer cars meet the standard to be labeled American-made, and today there are only seven that make the list. I found this a bit shocking, so I did some digging to find out just who came up with this list and how are they defining "American-made?" 
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Topics: Fleet Considerations

Should you use “driverless vehicles” in your fleet?

Posted by Gabrielle Bobinsky on Jun 12, 2015 2:19:00 PM

The cars of the future are here! At least they will be in the coming decade. Google is paving the way for autonomous car technology with its fleet of Toyota Prius hybrids. The cars have recorded a combined 700,000 miles with few reports of accidents, and each accident that occurred was the result of human error from the other cars involved.  Many of the latest car models already offer several autonomous driving features including:


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Should you fix or replace your used car?

Posted by Gabrielle Bobinsky on Jun 4, 2015 4:21:00 PM

When that check engine light goes on in the car it immediately elicits a groan from the driver. In one instance, it was Sister Mary Kay’s car and she was the one groaning about her 2002 Toyota Camry. She was starting to lose her power steering, so she took her car into the small local shop where she’s had her car serviced for the past 10 years. The mechanic found a few other problems and presented a repair estimate of $1,357.  Sr. Mary Kay called her Community’s Vehicle Coordinator, Jerry, who suggested that Sr. Mary Kay obtain a second opinion from a different shop, so she took her car to a local Goodyear shop, which is a large national auto service provider. Goodyear’s estimate was $2,550 for a list of repairs that included everything the local shop found plus several other high cost items.  Now Sr. Mary Kay was confused and unsure of what she should do, so she made another call to Jerry.

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Topics: Maintenance Tips, Fleet Considerations, Driver Safety

Is an Electric Vehicle Right for You?

Posted by Sarah Huber on May 19, 2015 2:07:00 PM

For part two of our series on alternative fuel sources we are focusing on the pros and cons of electric powered vehicles.  Plug-in electric vehicle technology has continued to improve over the last few years.  Because of these technological advances alternative fuel source vehicles are more attractive to environmentally conscious consumers. Electric vehicles are perfect for someone who works in the same city as they live, or someone who doesn’t put a ton of miles on their vehicle. 

 

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Topics: Fleet Considerations, GreenTechnology

Vehicle Depreciation Factors and Lifecycle Cost

Posted by Jerry Condon on May 12, 2015 2:43:00 PM

When computing the life-cycle cost of a vehicle,  deprecation is the single biggest fa ctor 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. Read More

Topics: Remarketing, Fleet Considerations

My minivan sold for how much?

Posted by Doug Reading on May 8, 2015 3:56:00 PM

paratransit-conversion-10628Most people consider the initial cost of purchasing a vehicle, however not everyone thinks about the potential savings when an individual tries to resell their used vehicles. Vehicle remarketing is an important part of your vehicles Life-Cycle-Cost. An experienced fleet manager can handle all of the different steps of the remarketing process such as: coordinating used vehicle pick up, establishing a fair market value, and determining the best channel for resale. How do you determine the value of your vehicle and how much time you will spend with this remarketing process? The following story is one example of when a van recently sold for much more than expected, highlighting the importance of professional vehicle remarketing.

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Topics: Remarketing

Chevrolet helps small business owners stay mobile

Posted by Anthony Larsen on Apr 28, 2015 10:17:00 AM

Chevrolet has been helping small business owners get their products to their customers for the last 79 years.  The tradition started in 1936 with the Chevrolet Canopy Express vehicle.  This was followed up thirteen years later with the Chevrolet Canopy.  Both models allowed entrepreneurs to quickly and easily get products to their customers, such as fresh produce and baked goods, to their city neighborhoods around the country.

 

 

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Topics: Lowering Fleet Costs, Fleet Considerations

Can diesel power be used to green your fleet?

Posted by Sarah Huber on Apr 16, 2015 5:47:00 PM

In the last few years, car companies focused on becoming more environmentally friendly and there are many alternative fuel source vehicle options readily available for the everyday consumer.   Today, I would like to highlight both the benefits and the downsides of having a car with a diesel engine.  This is the first in a series of articles comparing alternative fuel sources and the impact they can have on your fleet's overall performance.

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Topics: Fleet Considerations, GreenTechnology

To lease or to buy your fleet vehicles . . . it depends.

Posted by Jerry Condon on Apr 10, 2015 11:14:00 AM

...And the answer to the age old question of leasing verus purchasing vehicles is: it depends!  The answer also has a significant impact on your capital resources  Both options have merit depending on your specific financial goals, so we at CARITAS Vehicle Services would like to provide some basic guidelines to help make your decision a little easier.

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Topics: Fleet Considerations

Are Paratransit Vans a viable option for Religious Communities?

Posted by Tammy Cheever on Apr 8, 2015 4:46:00 PM

   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

How to maximize Vehicle Resale Value

Posted by Brad Forbush on Apr 25, 2014 10:30:00 AM

 

3 Tips for Remarketing Your Old Vehicles

 

  1. Vehicle SelectionOur first recommendation for reducing your fleet’s overall operating cost is selecting vehicles that have the highest resale value. With more than 30 car manufacturers and hundreds of different models to choose from, this is no small task.
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Topics: Remarketing

Maximize Vehicle Resale Value & Minimize Your Aggravation

Posted by Brad Forbush on Mar 21, 2014 1:52:00 PM

How much is a car really worth?

When a Detroit news reporter once asked the great American icon and automotive pioneer, Henry Ford, how he determined the selling price of a Ford automobile, he replied, “an automobile is only worth what someone is willing to pay for it.” While frantically jotting down the quote, the reporter started scratching his head, then he looked back at Mr. Ford and asked, “well, how do you know what someone will pay?”

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Topics: Remarketing

Considering the Life Cycle Cost of Vehicles?

Posted by Eliott Fitch on Dec 12, 2013 10:02:00 AM

When Should We Be Replacing Our Fleet's Vehicles?

One question that is frequently asked by many of our clients is, “when is the best time to replace a vehicle?” Some of our clients replace vehicles every four years while others keep vehicles for 10 years and even longer. Whether you have a small fleet of 30 vehicles or a large 500-vehicle fleet, there are many factors to consider when deciding how to evaluate your vehicles life-cycle. Fortunately, financial experts within the fleet management industry have established some general guidelines to help you determine how long to keep a vehicle in your fleet.

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Topics: Maintenance Tips

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