ONE MORE, JUST LIKE BEFORE. Perhaps owing to the fact that many fleet managers report being in a "holding pattern" the past year, FLD's Q1 Fleet Manager Sentiment Index saw little change from what our collection of top fleet managers thought in our Q4 Index. With 4 of our 7 Q1 topics scoring less than .20% different from their Q4 tallies, it's safe to say that top fleet managers aren't sure what to think these days. And with the tariffs, out of control costs - and now a war in the Mideast - it's likely the only thing fleet pros know is that they don't know anything - something we are hearing often from our CAB and other top fleet managers. Of the three remaining categories that we follow, two showed a deviation of less than half a percent from Q4 2025 to Q1 2026, with only one topic - the US Economy - moving a full half a percent (up) due largely in part to a reduction in interest rates - and milder than expected inflation - towards the end of 2025. *Chart is rated on a scale of 1-5 with 5 being most confident. Mouse over any quarter to see its specific chart.
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In 2024, the wholesale used vehicle market returned to more “familiar” patterns after years of volatility. Values declined about 15% across most classes, with smaller vehicles holding value better than larger ones. High-mileage, lower-quality units were abundant, while newer, low-mileage vehicles remained scarce—a trend expected to persist in 2025. Economic uncertainty, interest rates, and a […]
The 2024 White Metal Market Report (Q3) highlights a stable yet uncertain used vehicle market. While consumer spending remains strong despite inflation and high interest rates, economic uncertainty lingers, and any major disruption could push the market downward. Housing prices are rising, unemployment is slightly up, and a strong U.S. dollar is limiting international demand. […]
The 2024 White Metal Market Report (WMMR) provides a detailed review of the used vehicle market, which has stabilized after a challenging start to the year. While prices softened by about 10% in the third quarter compared to 2023, trends vary across segments. Passenger and light-duty vehicles remain in steady demand, while larger vehicles, such […]
Fleet managers face challenges with visibility during the remarketing process, particularly after the pandemic, leading to costly consequences like selling assets for less than their worth. This issue is exacerbated by the geographical spread of fleets and the complexity of managing assets remotely. Despite using advanced software, fleets often struggle to track assets’ locations and […]
Remarketing used fleet assets is fraught with risks, including potential financial losses, extended remarketing timelines, and hidden costs that erode return on investment (ROI). The pandemic exacerbated these issues, with many fleets holding onto aging vehicles due to supply chain disruptions and a lack of replacements. Vehicles now often exceed 12 years in age, increasing […]
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