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Market Trends Blog for Construction Fleets

Our senior editor and fleet expert, Mike Antich, offers opinions and ideas on the Fleet Market Trends. Mike’s highly-read Blog, focuses on the overall fleet industry and draws interesting comments from construction fleet managers and other industry professionals from across the country.
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Impact of Future CAFE Standards on Resale Values

December 5, 2011

The cost to design and build vehicles to meet the higher 2017-2021 fuelefficiency standards will average an additional $2,000 to $6,000 per vehicle. Proponents of the higher CAFE standards argue the higher acquisition costs will be offset by much greater fuel savings. However, is there a diminishing return on cost savings as fuel efficiency increases? Kelley Blue Book thinks so.

Tags: CAFE, Mike Antich, Remarketing, residual values

Author: Mike Antich | Posted @ Monday, December 5, 2011 12:00 AM | » Comments(0)

Resale Values Forecast to Decline 10-15% by 2014 as Used-Vehicle Supply Increases

September 13, 2011

Today’s high resale values are an anomaly caused by the shortage of used vehicles in the wholesale market due to the extremely low sales of new vehicles during the 2008-2011 timeframe. Nowadays, everyone is a hero when it comes to getting top dollar for their out-of-service fleet vehicles. However, these artificially high prices will ultimately decline as used-vehicle supply increases.

Tags: Antich, Remarketing, resale value, residuals, used vehicles

Author: Mike Antich | Posted @ Tuesday, September 13, 2011 12:00 AM | » Comments(0)

Top 6 Fleet Trends in the Medium-Duty Truck Market

July 14, 2009

Six key trends will determine Class 3-7 medium-duty truck lifecycle costs in the 2010 calendar-year. They are diesel prices, acquisition costs, resale, maintenance costs, replacement tire expense, and environmental regulatory requirements. Here is a forecast of what to expect.

Tags: Acquisition, diesel, medium-duty trucks, regulations, Remarketing, replacement tires, resale value

Author: Mike Antich | Posted @ Tuesday, July 14, 2009 8:43 AM | » Comments(1)

Used-Vehicle Market Nosedives in October: More Downward Movement Anticipated

November 11, 2008

October was an extremely difficult month to remarket vehicles in the wholesale market as resale prices took a precipitous drop. Wholesale pricing, based on mixed mileage and seasonally adjusted, declined a record 6 percent in October. The lack of credit to both dealers and retail buyers has been the key catalyst contributing to the downturn in the wholesale market. The market forecast is gloomy until the credit gridlock is resolved.

Tags: credit gridlock, financing, Remarketing, wholesale market

Author: Mike Antich | Posted @ Tuesday, November 11, 2008 10:18 AM | » Comments(0)

More Factors Point to an Impending Used-Vehicle Shortage

August 7, 2008

The past two weeks have produced a dizzying string of announcements ranging from Chrysler Financial stopping lease financing, Chase Auto Finance no longer providing lease financing for Chrysler brands, Wells Fargo ending lease financing, all major OEMs decreasing truck production volumes, and HSBC Financial Corp.’s decision to stop funding auto loans. All of which may be good news for fleets remarketing vehicles two to three years from now.

Tags: Chrysler Financial, Remarketing

Author: Mike Antich | Posted @ Thursday, August 7, 2008 8:46 AM | » Comments(3)

A Perfect Storm Pummels Truck Resale Values

July 15, 2008

A combination of market forces have converged to create a “perfect storm” to drive down resale values for pickup trucks by 15-25 percent. These convergent forces are higher fuel prices, tighter consumer credit, and a stagnant construction market. As a result, the pool of buyers (hence market demand) for used trucks has contracted, putting downward pressure on resale prices.

Tags: four-cylinder, Remarketing, resale value

Author: Mike Antich | Posted @ Tuesday, July 15, 2008 8:56 AM | » Comments(0)

Economic Slowdown Causes Fleet Resale Values to Decline

February 11, 2008

Most fleet vehicles are purchased by subprime buyers; however, these buyers are now finding it increasingly difficult to qualify for used-vehicle loans. The slowdown in the construction market is dampening demand for used pickups, and full-size vans.

Tags: Remarketing

Author: Mike Antich | Posted @ Monday, February 11, 2008 2:58 PM | » Comments(0)

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AUTHOR BIO

Mike Antich

Editor & Associate Publisher

Mike Antich has been covering the fleet management and vehicle remarketing markets for more than 20 years. During this period, Mike has written or edited more than 4,600 articles on the subjects of fleet management, manufacturer fleet activities, the fleet leasing industry, and vehicle remarketing. He was inducted in the Fleet Hall of Fame in 2010.

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