End the Year by Eliminating Old Fleet Assets
November 8th, 2022
While the vehicle shortage isn’t quite in the dire straits it was a year ago, you may still find yourself in a position to be holding onto older vehicles and equipment a bit longer than you would have in pre-Covid times. Despite the trend in recent years of holding onto your vehicles longer due to uncertainty of replacements, the end of the year remains a great time to turn underutilized equipment and vehicles into cash.
Fleet Is An Investment
When viewing your fleet as an investment, and not as a cost, it’s important to keep fleet best practices in mind and manage your fleet in a cycle: Buy, Drive, Service, and Sell.
Don’t let old equipment sit and waste away because you think it may have lost value, or you think you can earn a few bucks by selling them for parts. There is still a demand for your equipment and you have plenty of choices to still earn top dollar before the end of the year.
Work with our remarketing experts who have specialized knowledge relative to your vehicle and equipment. Our trusted contacts at regional events can showcase your assets and earn you top value.
2. Employee Sale
Give employees the chance to own the vehicle or equipment they’ve been eyeballing for their own use. These sales can happen quickly, and you’ll also be increasing employee engagement. Two-for-One special.
3. Seller Direct
Find sellers who have the need to purchase your inventory outright and quickly. You can negotiate the sales price, avoid transportation fees, and clean out old equipment before closing the books on 2022.
As the year comes to an end, take advantage of the opportunities the automotive industry presents to you. The chance to get value for underutilized vehicles and equipment before the end of the year is one of those opportunities.
If you’re looking for help in overcoming any obstacles or identifying remarketing solutions for your assets, Holman can help. Talk to our team today.