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Categories: Operations, Remarketing, Used Vehicle Values
Used-Vehicle Supply Looks More Normal as Prices Rise

Used vehicles are tracking at a fairly normal pace for supply. Sales have slowed compared to the strong pace in the summer of 2021, but are still relatively...

https://www.government-fleet.com/10179003/used-vehicle-supply-holds-steady-prices-rise
Categories: Operations, Remarketing
Shift Technologies Merges with CarLotz to Boost Online Sales Options

Used vehicle consignor CarLotz will enable Shift to pursue a new business plan focused on allowing consumers to buy vehicles online, sight unseen, for...

https://www.government-fleet.com/10178872/shift-technologies-merges-with-carlotz-to-boost-online-sales-options
Categories: Fleet, Global Fleet, Operations, Remarketing, Small Fleet
New Vehicle Prices Break Record as Supply Rises

The average price for a new electric vehicle – over $66,000, according to Kelley Blue Book estimates – remains well above the industry average and more...

https://www.government-fleet.com/10178755/new-vehicle-prices-break-record-as-supply-rises
Categories: Fleet, Operations, Remarketing, Small Fleet
Fleet Sales Down Past Month, but Rise YOY

Sales into commercial fleets were up 19% year over year, and sales into government fleets were up 31%, but rental were down 7%.

https://www.government-fleet.com/10178627/fleet-sales-down-past-month-but-rise-yoy
Categories: Operations, Remarketing, Small Fleet, Used Vehicle Values
Wholesale Used-Vehicle Prices Decrease Slightly in July

All major market segments once again saw seasonally adjusted prices that were higher year over year in July.

https://www.government-fleet.com/10178623/wholesale-used-vehicle-prices-decrease-slightly-in-july
Categories: Auctions, Operations, Remarketing, Small Fleet
Car Market Shows Signs of More Buyer-Seller Balance

Auctions received vehicles from a more diverse stream of sources in the last quarter as data could be signaling some inflection points in the market.

https://www.government-fleet.com/10177891/car-market-shows-signs-of-more-buyer-seller-balance
Categories: Operations, Remarketing, Small Fleet, Used Vehicle Values
Used Vehicle Market Hints at Normalcy Again

ANALYSIS: Used cars will no longer contribute to inflation. They should be a source of deflation in the months ahead.

https://www.government-fleet.com/10177685/used-vehicle-market-hints-at-normalcy-again
Categories: Electric, Electric Vehicles, Electrification, Fleet Forward, Green Fleet, Remarketing, Small Fleet, Used Vehicle Values
Meet the Car Flippers: Used EV Interest Surges as More Americans Go Electric

For the first time, used EV prices are exceeding the consumer price index for all used cars spurring sales and resales, according to the Q3 2022 Used...

https://www.government-fleet.com/10177195/used-ev-interest-surging-as-more-americans-go-electric
Categories: Remarketing, Used Vehicle Values
Prices Inch Down as Used-Vehicle Supply Holds Steady

The average listing price as May closed dipped to $28,312, compared with a revised $28,372 at the end of April.

https://www.government-fleet.com/10175566/prices-inch-down-as-used-vehicle-supply-holds-steady
Categories: Auctions, Remarketing
NYC Faces Lawsuit Over New Vehicle Auction Contract

The city's previous contractor argues it was not made aware of a new contract DCAS was working on for 10 months. It also argues the new contract will cost...

https://www.government-fleet.com/10174659/nyc-faces-lawsuit-over-new-vehicle-auction-contract


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