Information on Selling at a Fleet Vehicle Auction

by | May 30, 2014 | Transportation and Logistics

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Vehicles tend to depreciate in value over the years, which means that you could run into trouble unloading older members of your fleet when the time comes to sell. One method of getting the best value for these automobiles is to list them in a fleet vehicle auction. These auctions are attempted by people who are looking for great deals on high mileage vehicles. As a result, you are likely to find an interested buyer if you go this route, saving you from the hassle of tracking down individual buyers for every member of your retired fleet.

Auction Benefits
The main benefit involved with attending a fleet vehicle auction is that you can sell your vehicles quickly. If you are forced to find buyers for each individual vehicle, it could take months or longer for you to sell them. This is especially true because they likely have high mileage, so you could struggle to find someone who wants to take a chance on these cars. By listing them at an auction, the potential buyers will come to you, which takes much of the work out of the situation.

Disadvantages of Auctions
Some fleet owners have a problem with these auctions because it can be a great deal of work. For starters, you must bring every vehicle that you wish to sell to the auction because prospective buyers will want to have a look at it before making a purchase. If you are attempting to sell multiple vehicles, getting them all there could be a hassle. It is also difficult moving vehicles that no longer run, which is another thing that you can sell at the auction.

Receiving Help
Fortunately, there are services out there that will handle the entire auction process for you, which leaves you free to run other aspects of your business. These services are very popular with fleet owners because they will pick your vehicles up, so you no longer have to worry about them taking up space on your lot. Overall, hiring a fleet remarketing company is your best bet if you want to sell your retired fleet immediately.

Fleets USA is one of the top fleet remarketing firms in the United States and will provide you with the best possible return on your retired vehicles.