Fleets can achieve their productivity goals by finding a service provider that can optimize their operations and business functions. One of the four things fleets should look for in a remarketing partner is a provider that can eliminate risk by purchasing assets upfront. This is particularly important because remarketing can be a risky endeavor, and it’s critical to sell end-of-lease vehicles quickly to avoid accruing daily charges such as lease payments, maintenance, insurance, and storage. Liability can also present a significant risk, as accidents can lead to additional costs. Working with a remarketer like FLD can help eliminate even the smallest possibility of risk by taking an ownership position in the vehicle before it goes through the remarketing process, offering a guaranteed price and eliminating the possibility of lease payments or surprise costs. Fleets can also benefit from partnering with a remarketer with technologically advanced tools that make their job easier, such as automated systems that track vehicles through the remarketing process, providing real-time updates and detailed reports. These tools can help streamline the process, reduce administrative burden and save time and resources. FLD’s remarketing technology, for instance, is designed to make the process faster, easier, and more efficient, offering sellers better prices and keeping their operations lean and nimble. By partnering with the right remarketing provider, fleets can make life easier, maximize resources, and increase productivity. Click the link below to read more.

FLD has released its third quarter White Metal Market Report, outlining the state of the fleet industry in 2022. The report notes that although many challenges from 2021, such as shortages in labor and chips, as well as supply chain issues, persist, the fleet industry has learned to thrive despite them. The report goes on to suggest that the worst may be behind the industry, and that it has found a new normal. The report also provides an overview of the first half of 2022, highlighting wholesale vehicle prices, which likely peaked in Q1, and the impact of inflation and gas prices on businesses. While supply chain issues are likely to persist in the near term, the report suggests that the industry’s ability to deal with them will be a key indication of how well it will weather the current storm. Click the link below to read more

Electrification and talk of EV’s is rippling across the fleet space but what does that mean for vehicle remarketing? The team at FLD discusses this growing phenomenon and how it will effect vehicle remarketers over the coming months and years.