Fleets Worry About Depreciation Risk When Resale Values Normalize

The 111th State of the Fleet Industry video produced by Automotive Fleet offers insights into the state of the fleet market as presented by AF Editor Mike Antich. Today's topics include: Multi-prong forces exerting upward pressure on fleet acquisition costs. Concern that future resale prices will be insufficient to offset today’s higher depreciation rates. The overwhelming majority of commercial fleet vehicles are sold to independent dealers who primarily sell these vehicles to customers who typically have subprime credit. Higher interest rates are creating an affordability issue for subprime buyers of fleet vehicles. Make sure you're signed up for the AF newsletter so you don't miss another State of the Fleet Industry video. 📰 Sign up for the Automotive Fleet newsletter. 🚗 Visit Automotive Fleet for more fleet industry content. 🎥 You can watch these episodes on the Automotive Fleet YouTube Channel! 🤝 Follow and connect with Automotive Fleet on social media! Connect with Automotive Fleet on LinkedIn. Like Automotive Fleet on Facebook. Follow Automotive Fleet on Twitter.