{"id":7130,"date":"2023-10-20T18:22:52","date_gmt":"2023-10-20T22:22:52","guid":{"rendered":"https:\/\/ca.holman.com\/ca\/?post_type=post&#038;p=6167"},"modified":"2024-08-30T07:59:30","modified_gmt":"2024-08-30T11:59:30","slug":"maximizing-used-car-returns-in-an-exceptionally-strong-resale-market","status":"publish","type":"post","link":"https:\/\/ca.holman.com\/ca\/resources\/maximizing-used-car-returns-in-an-exceptionally-strong-resale-market\/","title":{"rendered":"Maximizing Used Car Returns in an Exceptionally Strong Resale Market"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>\t\t\n\t<section class=\"header-variation-section white\">\n\t<div class=''><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Home<\/span><\/p><\/nav><\/div>\n\t\t<div class=\"variation-inner\">\n\t\t\t<div class=\"header-left\">\n\t\t\t\t<div class=\"header-left-inner\">\n\t\t\t\t\t<h5 class=\"headline-5\"><\/h5>\n\t\t\t\t\t<h1 class=\"page-title headline-1\">Maximizing Used Car Returns in an Exceptionally Strong Resale Market<\/h1>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"body-1\"><p>Holman Marketing<br \/>\nOctober 20th, 2023<\/p>\n<\/div>\n\t\t\t\t\t\n\t\t\t\t\t<div style=\"display:flex;justify-content:flex-start;gap:20px;flex-wrap:wrap;\">\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"header-right\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/ca.holman.com\/ca\/wp-content\/uploads\/2023\/10\/maximizing-used-car-returns-in-an-exceptionally-strong-resale-market.jpg\" alt=\"a group of white vans\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t<style>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t@media(min-width:991px){.header-right{flex-basis:58% !important;}}\n\t\t\t\t\t\t\t\t@media(max-width:990px){.header-variation-section .variation-inner .header-right .video-box{margin-top:0px !important;padding-bottom:3% !important;}.header-variation-section .variation-inner .header-right .video-box{height:auto !important;border-bottom-left-radius:56px;margin-top:92px;}}\n\t\t\t\t\t\t\t\t<\/style>\n\t\t\t\t\t\t\t\t\n\t<style type=\"text\/css\">\n\t.noscroll{overflow:hidden !important;overflow-y:hidden !important;}\n#form-success, .form-success{height:100%;width:100%;display:none;}\n#success-container{display:flex;flex-direction:column;justify-content:center; margin:0 auto;text-align:center;height:100%;padding:40px;}\n#success-container a{font-weight:500;font-size:12px;color:#0069a7;margin:62px auto 0;text-decoration:none;border-bottom:2px solid #0069a7;}\n#success-container h2{margin:8px auto;color:#0069a7;font-size:24px;font-weight:500;}\n#success-container p{margin:8px auto;font-size:14px;font-weight:400;}\n#success-icon{max-width:60px;margin:0 auto;}\n.wpcf7 .wpcf7-spinner{display:none;}\n\t.noscroll{overflow:hidden !important;overflow-y:hidden !important;}\n\t.btn1.ghost{background-color:white;color:#0069A7;border:1px solid #0069A7;}\n\t.header-variation-section .video-box video-js{height:100%;}\n\n\t\t.btn1\n\t\t{\n\t\t\tbackground-color: #0069A7;\n\t\t\tbox-shadow: 0px 14px 23px rgba(0,0,0,0.08);\n\t\t}\n\n\t\t.btn1:hover\n\t\t{\n\t\t\tbackground-color: #2C9942 !important;\n\t\t\tcolor:white;\n\t\t}\n\n\t\t.btn2\n\t\t{\n\t\t\t background-color: transparent !important;\n\n\t\t\t color: #0069A7 !important; border: 2px solid #0069A7; \n\t\t}\n\n\t\t.btn2:hover\n\t\t{\n\t\t\t background-color: transparent !important;\n\t\t\t\/*background-color: #2C9942 !important;*\/\n\t\t\t color: #2C9942 !important;\n\t\t\tborder: 2px solid #2C9942; \n\t\t}\n\n\/* .header-variation-section .vjs-poster{background-size:cover;} *\/\n.header-variation-section .vjs-tech {\n  position:relative;height:auto;\\;\n}\n\/* .header-variation-section .video-js{\n\tdisplay:contents !important;\n} *\/\n.header-variation-section .video-js .vjs-control-bar{padding-left:45px;}\n\t\t.btn1\n\t\t{\n\t\t\tbackground-color: #0069A7 !important;\n\t\t}\n\t\t.btn1:first-child{margin-left:0;}\n\t\t.btn{box-shadow: 0px 14px 23px rgba(0,0,0,0.08);}\n\t\t\n.btn.ghost{background-color:white !important;border:1px solid #0069A7;color:#0069A7 !important;}\n.btn:hover{background-color:#2C9941 !important; color:white !important; border:none !important}\n.ghost:hover{background-color:#2C9941 !important; color:white !important; border:none !important}\n\/* .header-variation-section .variation-inner .header-right .cloudflare-video{height:61% !important;} *\/\n.header-variation-section .variation-inner .header-right:has(.cloudflare-video){margin-top:auto;margin-bottom:auto;}\n\n\t\t.btn2\n\t\t{\n\t\t\t background-color: transparent !important;\n\n\t\t\t color: #0069A7 !important; border: 2px solid #0069A7; \n\t\t}\n\n\t\t@media (max-width: 575px)\n\t\t{\n\t\t\t.btn1 {width: 100% !important; margin-top: 20px !important;}\n\t\t\t.btn2{margin-left:0px !important; width: 100% !important; margin-top: 20px !important;}\n\t\t}\n\n\t<\/style>\n\t<\/section>\n\n\t\n\t\n\n    <section class=\"wysiwyg\" id=\"\">\n        <div class='inner'>\n            <p>As we quickly approach the end of the year, many organizations are working to balance their budgets and position their business for success in 2024 (and beyond). From a fleet perspective, this often entails looking at excess or underutilized assets that could be liquidated to general capital that can be reinvested in your operating budget.<\/p>\n<p>With that in mind, Holman&#8217;s Jim Jackson recently spoke with\u00a0<a href=\"https:\/\/www.holman.com\/resources\/\" target=\"_blank\" rel=\"noopener\"><em>Autosphere<\/em><\/a>\u00a0to examine some of the latest remarketing trends and offer some advice for fleet operators who may be looking to take advantage of an exceptionally strong resale market. In the article, Jim notes that while supply constraints have pushed the secondary market higher, vehicle condition is still the primary factor that influences resale value, and for most fleets, drivers are often the x-factor in this equation.<\/p>\n        <\/div>\n    <\/section>\n    <style>.wysiwyg{margin-top:0 !important;}<\/style>\n\n\n    <section class=\"quote-testimonial\" id=\"\">\n        <div class=\"inner\">\n            <div class=\"quote-testimonial-quote\">\n                <div class=\"body-1\"><p>\u201cCondition is king in the used car world. The better your drivers take care of that vehicle while it\u2019s in service, the better the return you\u2019re going to get.\u201d<\/p>\n<\/div>\n            <\/div>\n            <div class=\"quote-testimonial-author\">\n                                <div class=\"quote-testimonial-text\">\n                    <h6 class=\"headline-6\">Jim Jackson<\/h6>\n                                            <h6 class=\"headline-6\">North American Remarketing Asset Manager, Holman<\/h6>\n                                    <\/div>\n            <\/div>\n        <\/div>\n        <style>.quote-testimonial{margin:25px 0 !important;} .quote-testimonial .inner{padding:25px 0 !important;}\n        @media (max-width: 1300px){.quote-testimonial{margin:25px 0 !important;} .quote-testimonial .inner{padding:25px 0 !important;}}\n        <\/style>\n    <\/section>\n\n\n    <section class=\"wysiwyg\" id=\"\">\n        <div class='inner'>\n            <p>Jim goes on to highlight that a clean, well-maintained vehicle can sell for several thousands more than a mistreated unit. He recommends working closely with your employees to ensure they take proper care of their company vehicles. Later in the article, Jim discusses employee sales and shares why this option typically benefits your drivers as well as your organization by eliminating disposal costs such as transportation and auction fees.<\/p>\n        <\/div>\n    <\/section>\n    <style>.wysiwyg{margin-top:0 !important;}<\/style>\n\n\n    <section class=\"quote-testimonial\" id=\"\">\n        <div class=\"inner\">\n            <div class=\"quote-testimonial-quote\">\n                <div class=\"body-1\"><p>\u201cWe\u2019re seeing an uptick in employee sales. In today\u2019s used car market, buying a quality vehicle can be a challenge. So if I needed a car, I\u2019d be crazy not to buy the vehicle I\u2019ve been driving for the last three or four years, because I know everything about it and how well it was cared for.\u201d<\/p>\n<\/div>\n            <\/div>\n            <div class=\"quote-testimonial-author\">\n                                <div class=\"quote-testimonial-text\">\n                    <h6 class=\"headline-6\">Jim Jackson<\/h6>\n                                            <h6 class=\"headline-6\">North American Remarketing Asset Manager, Holman<\/h6>\n                                    <\/div>\n            <\/div>\n        <\/div>\n        <style>.quote-testimonial{margin:25px 0 !important;} .quote-testimonial .inner{padding:25px 0 !important;}\n        @media (max-width: 1300px){.quote-testimonial{margin:25px 0 !important;} .quote-testimonial .inner{padding:25px 0 !important;}}\n        <\/style>\n    <\/section>\n\n\n    <section class=\"wysiwyg\" id=\"\">\n        <div class='inner'>\n            <p>To read the entire article, please visit\u00a0<a href=\"https:\/\/autosphere.ca\/fleet\/2023\/09\/21\/remarketing-getting-top-dollar\/\" target=\"_blank\" rel=\"noopener\">Autosphere.ca<\/a>. Also, be sure to check out Holman&#8217;s\u00a0<a href=\"https:\/\/www.holman.com\/fleet-management\/fleet-remarketing\/\" target=\"_blank\" rel=\"noopener\">strategic remarketing solutions<\/a> to learn more about how our team of experts can help you get the best net returns for your vehicles and equipment and, in turn, lower your total cost of ownership.<\/p>\n        <\/div>\n    <\/section>\n    <style>.wysiwyg{margin-top:0 !important;}<\/style>\n","protected":false},"excerpt":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>","protected":false},"author":5,"featured_media":17422,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29,51],"tags":[99,128,121],"blog-type":[90],"featured":[89],"legacy":[97],"class_list":["post-7130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fleet-management","category-remarketing","tag-blogs","tag-fleet-as-an-investment","tag-remarketing","blog-type-blog","featured-no","legacy-yes"],"acf":[],"permalink_manager":null,"_links":{"self":[{"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/posts\/7130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/comments?post=7130"}],"version-history":[{"count":6,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/posts\/7130\/revisions"}],"predecessor-version":[{"id":18831,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/posts\/7130\/revisions\/18831"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/media\/17422"}],"wp:attachment":[{"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/media?parent=7130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/categories?post=7130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/tags?post=7130"},{"taxonomy":"blog-type","embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/blog-type?post=7130"},{"taxonomy":"featured","embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/featured?post=7130"},{"taxonomy":"legacy","embeddable":true,"href":"https:\/\/ca.holman.com\/ca\/wp-json\/wp\/v2\/legacy?post=7130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}