commercial fleet
Off-rental fleet SUVs provide higher resale value and lower total cost of ownership than brand-new SUVs, with a 19.4 percent year-to-date appreciation according to the KBB Market Report 2024. New SUVs typically lose value faster, making off-rental options a smarter financial move for businesses. Financial Disclaimer: This article is
commercial fleet
The commercial fleet market slipped in June 2024, signaling a shift that fleet leaders cannot ignore. I observed the change while reviewing dealer reports and noticed tighter cash flow as orders migrated toward electric models and smaller vehicles. Financial Disclaimer: This article is for educational purposes only and does not
commercial fleet
Yes, the recent rise in rental car demand is a key factor behind the uptick in commercial fleet sales this quarter. Financial Disclaimer: This article is for educational purposes only and does not constitute financial advice. Consult a licensed financial advisor before making investment decisions. Commercial Fleet Sales Q3: 12%
commercial fleet
You can spot a commercial fleet vehicle versus a rental by checking the VIN for fleet prefixes, reviewing maintenance logs for telematics integration, and confirming ownership history for lease or rental tags. Did you know that certain off-fleet vehicles are climbing in value instead of depleting? Discover how to spot
commercial fleet
The 2.1% dip in June commercial fleet sales can actually foreshadow growth later in the year if dealers act quickly. Dealers that layer multi-channel outreach and partner with insurers have historically turned similar slow-downs into a stronger closing season. Commercial Fleet Sales Strategy: Steering Through the 2.1% Dip
commercial fleet
Off-rental fleet cars, which made up 38% of commercial fleet acquisitions in Q3 2024, are the most affordable rides this year. I have seen operators cut costs dramatically by turning to ex-lease vehicles, and the data confirms that trend. Below I break down why these cars outperform brand-new purchases across
commercial fleet
Commercial Fleet Subscriptions: Unlocking Growth in a Shifting Market Subscription models are reshaping commercial fleet sales, as evidenced by the July 2010 surge when Ford’s fleet sales rose 35% to 386,000 units, exposing a demand gap that traditional leasing cannot fill. The shift brings agility to capital-intensive fleets
commercial fleet
Hidden hazards slowing commercial fleet sales versus May include inventory shortages, rising fuel costs, price inflation in conversion packages, and a shift toward electric and autonomous vehicles. The June dip of 2.1% versus a 1.3% rise in May caught many procurement teams off guard, prompting a closer look
commercial fleet
Yes, the sudden 2.1% plunge in June fleet sales signals that next-quarter pricing will likely tighten as buyers react to higher fuel costs and tighter credit. The dip marks the first contraction since early 2023 and aligns with rising unit prices across the commercial vehicle market. The 2.1%
commercial fleet
ARGO’s $200 million investment allows fleet operators to achieve up to $200 million in cost reductions over the next five years by streamlining maintenance, integration and telematics expenses. The capital injection funds predictive analytics, edge computing and hardware programs that directly target the pain points of small and mid-size
commercial fleet
Avoid 12% Dip With Commercial Fleet Sales vs Lease Switching from rental fleet purchases to structured leasing can prevent the 12% monthly dip that threatens $1.2 million in annual costs. The dip, driven by lower rental sales and higher dealer maintenance, forces firms to reassess financing models. Financial Disclaimer:
commercial fleet
ARGO delivers a higher return on investment than traditional fleet providers by combining lower acquisition costs with integrated service contracts. In practice, operators see faster payback periods and reduced total cost of ownership, especially when they adopt ARGO’s financing and insurance bundles. Financial Disclaimer: This article is for educational