Our Q3 Sentiment Index shows that top fleet managers are feeling much the same as they did in Q2 about the basket of 7 key fleet topics we query them on every quarter. Confidence in the ability to acquire vehicles remained near an all-time high, with our Customer Advisory Board members reporting little problems acquiring vehicles. Meanwhile, confidence in service and maintenance is hovering near some of the lowest numbers we’ve seen over the past year with several of the fleet managers we spoke with decidedly negative on the topic. Note that while we are seeing some standard variance from the Q2 numbers regarding our other 7 topics (<- 5%) follow up conversations with our panel indicate that for the most part, fleet had a quiet Summer. Be sure to keep an eye out for our Q4 Sentiment Index when we release it in early December for a look at fleet manager sentiment as we head into the new year. *Mouse over any quarter to see its specific chart.
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. […]
One of our most popular series, “Get to Know TeamFLD’s” Ron Fields, who has worked in the automotive field since he was 16 years old!
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 […]
One of our most popular series, “Get to Know TeamFLD’s” newest Director of Business Development Carrie Galvan, a former client who liked working with us so much she came to work with our world class remarketing team!
As we do each quarter, FLD Charities supported yet another South Florida children’s charity in Q2, this time the amazing organization “Little Smiles,” who’ve been helping local children deal with trauma since 1999.
Fleet experts trust FLD to save time, money, and resources.