Fleet remarketing

Matt Freeman, managing consultant at vehicle valuation specialist Cap HPI, highlights some of the key considerations about the processes that are involved.

A lack of key components such as semiconductors has led to a cut in commercial vehicle production.

Move towards internet remarketing was underway, but Covid-19 has helped accelerate trend, reports Tom Seymour

To sell a car takes just three days, on average, Adesa claims

Powertrains are as important as the condition of the vehicle, but consider how cool it is to spec an air-con

Economic uncertainties have helped make 2018 a strong one for auction sales and signs remain positive. By Dean Bowkett

Trend towards online sales grows with 41% sold via that channel, according to Manheim. By Dean Bowkell

As uncertainty rages in Westminster it spells good news for one sector of the industry. By Dean Bowkett

Sales of new vans may be down, but that spells good news for sellers of used vehicles. By Dean Bowkett

With so many imponderables facing fleet decision-makers it’s hardly surprising sales of new vans are softening and interest in the used market is on the increase . By Dean Bowkett

Air quality zones start to influence used van demand as rising rental stock boosts prices. By Dean Bowkett

Petrol van sales have seen triple digit increase but demand for AFVs has slipped into reverse. By Dean Bowkett

Legislators’ bid to nudge drivers of older vans to move to cleaner diesels appears to have backfired. By Dean Bowkett

February is usually one of the quietest months for sales, but this year the picture looks different. Dean Bowkett reports.

Prices rise claim auction houses, but trade guides report declines, Dean Bowkett discovers.

Christmas is just a few days away, but for several weeks now its impact has been felt in the used light commercial vehicle (LCV) market, Dean Bowkett reports.

This month's remarketing insight shows that the retail and construction sectors have boosted the LCV demand, Dean Bowkett reports.

Approach of Christmas is expected to boost LCV sales as home deliveries demand increases, Dean Bowkett reports.

Dean Bowkett finds that poll results help auctions buck the usual summer trends in the wake of Brexit and snap general election.

One auction expert says this could be the strongest super-heated summer marketplace on record.

Uncertainty following the general election created patchy buyer activity for used vans in May but BCA and Manheim Auctions reported improved average sale prices year-on-year.

Buying on the net hits record levels at BCA and Manheim, close to 40% and 34% respectively

Online sales hits record levels at BCA and Manheim, close to 40% and 34% respectively.

Auctions are the most popular way to remarket vehicles, but other options may be quicker and cheaper for your fleet. Sarah Tooze examines the choices available

Values for ex-company light commercial vehicles remain at, or close to record levels, and while it might appear that prices are on a knife edge if vendors follow the golden rules of disposal then windfall conditions will continue for many more months.

Getting vehicles on sale sooner can mean they achieve higher resale values.

The New Year could be the best that anyone can remember in terms of light commercial vehicle residual values, according to George Alexander, chief editor, Glass’s Commercial Vehicle Guide.

Contract hire and leasing companies are potentially risking residual value suicide by, in some cases, writing new business based on current used prices even though cars will not be defleeted until at least 2016, it is claimed.

Monthly lease rates on new vans could rise if residual values on old, high mileage models are hit hard by dealers turning their backs on them, it is claimed.

We talk to fleets at Millbrook about RVs.

Manufacturer improvements are aimed at both new and used van buyers.

Contract hire and leasing companies live or die by accurately predicting vehicle sale prices and while a ‘marginal tailing back’ of values from current levels is being predicted if the economy improves, a raft of uncontrollable influences means a precarious balancing act is being pursued.

Vehicle contract hire and leasing companies continue to enjoy a residual value windfall worth hundreds of pounds per van as sale prices show little sign of dropping from record levels.

This year is set to deliver the best value returns seen for light commercial vehicles for many years, although there are some claims that prices may have hit their glass ceiling.

Buyers are continuing to pay close to top dollar for de-fleeted top quality company cars, but experts are warning of a tightening market with investment in pre-sale repairs paying dividends.

Value of high quality, well-specced three and four-year-old company cars with less than 50,000 miles on the clock will continue to rise, according to auctioneer Andy Conde.

New car sales volumes are the ‘real elephant in the room’ in terms of predicting future residual values, according to Denis Keenan, managing director of automotive data provider KeeResources.

Britain’s car market has undergone a total uplift of baseline residual values in the wake of rocketing used car prices prompting possible concerns of buyer resistance.

Vehicle contract hire and leasing companies are enjoying a residual value windfall worth hundreds and perhaps thousands of pounds per vehicle as record used car prices makes a mockery of forecasts made in the depths of recession.