ARI is the largest privately held fleet management company in the world and a leader in North America. Their Headquarters is in the USA and they have offices in Canada, Mexico, the UK, and Germany.
When it comes to remarketing vehicles, ARI helps clients maximize their efforts and returns. ARI has remarketing channels that include traditional auctions, truck & equipment channels, and multi-platform websites. By leveraging their large channel they are able to reach the right buyers. They offer fleet managers the option of a traditional remarketing service, a consignment option, or a more controlled sales process via their BuyDirect program.
For companies that would like to offer their employees the option of buying the vehicle, ARI offers a program that sells the vehicle directly to company employees. This has the dual benefit of avoiding downstream sales expenses and providing a unique benefit to employees.
Caprock Auto Remarketing is a collateral liquidation company that assists banks, credit unions, finance companies, investment groups, and dealerships in liquidating cars, trucks, lite equipment, boats, motorcycles, RVs, and sport utility vehicles through wholesale channels. Caprock embraces a practice of the highest quality customer care and helps to maximize client’s ROI while keeping their best interest in mind throughout the process.
Caprock has a nationwide network of top-performing auctions and a highly skilled team of certified professionals that understand the used car market. Their advanced technology and software enables efficient processes that can be customized to each client’s specific needs. They provide interactive, real-time updates online for clients every step of the way. Caprock assists in transporting used vehicles to markets that will deliver the highest ROI for the client. They can also assist with repair and reconditioning to help maximize the resale value.
Online Sales Capabilities
Caprock Remarketing works hard to ensure their clients get the most out of their investment. To this end, Caprock is experienced in representing client’s collateral online at remote sales. With prices in the market fluctuating based on where the asset is sold, allowing buyers to bid online can aid in maximizing value. Caprock utilizes online auction platforms that allow buyers from multiple locations to bid on your asset 24/7, 365 days a year.
Family owned since 1999, CarMotive specializes in low mileage government owned and off-fleet lease vehicles. They make the process of buying a fleet vehicle easy and simple to avoid hassle in business owner’s already busy schedules. Their vehicles have been well-maintained over their entire life and are priced as close to wholesale as possible, allowing buyers to capture the most value at the lowest possible price.
Fleet Remarketing Services
Many fleet managers and strategic sourcing or procurement departments struggle with getting end-of-life vehicles off the books. This can be a time and cost-intensive procedure that can end up costing thousands of dollars in depreciated value.
CarMotive will purchase your end-of-life fleet vehicles in any condition regardless of quantity, age, or location. They are able to pay businesses maximum value for their vehicles due to their extensive market knowledge. They are able to determine the resale value of fleet vehicles in any marketing throughout the United States. Their team of remarketing specialists work with each client to find unique customized solutions that meet their individual business needs quickly and efficiently. They also offer purchasing options and other customized programs to help clients cut costs and make critical remarketing decisions in a timely manner.
They assist with vehicle pickup and sales documentation to help clients save time and money by making the remarketing process as quick and streamlined as possible. Their specialized team even works with wrecked or inoperable vehicles.
Other services include:
Fleet image services ranging from painting dents and collision repair, to full repaints, and corporate logos
The team at Element has experience in fleet lease remarketing and is able to help customers with resale strategy and administration to sell their cars and light trucks. Selling more than 150,000 vehicles each year through various channels, Element has the capabilities and know-how to receive the highest price in the shortest amount of time for their clients. Their remarketing team will handle the entire process, from transportation and strategic reconditioning, to pricing and transfer of ownership. As part of the reconditioning phase, Element’s team ensures that branded graphics and images are removed to protect each client’s brand before reselling the vehicle.
As the largest global multi-channel fleet remarketer, Element is able to tap various sales channels including retail dealerships, web buyers, and auctions. With such a large network they are able to get your vehicles in front of the right buyers at the right time.
When it comes to reselling your vehicle inventory, Element provides a few options:
1. Customer-arranged offer to purchase allows you to sell your vehicles to the buyer of your choice. Element is there to ensure the paperwork is done correctly and provide support throughout the sale.
2. Driver & employee program makes it easy for a company’s drivers or employees to purchase a corporate fleet vehicle. Element will help establish a fair price and complete the sale including delivery of the vehicle.
3. Third-party remarketing services allow Element to leverage their global network and sell your off-lease vehicles through their sales channel.
Endtrust has three goals when remarketing vehicles: “1) sell as many vehicles 2) for the most amount of money 3) in the shortest period of time”. To achieve this goal, Endpoint employs an inventory management tracking system. The client’s vehicle is electronically consigned seamlessly from My Recovery System (MRS) to AutoIMS but not without an algorithm decision tool that first determines the “optimum” auction selection. A remarketing strategy is then developed that includes critical mass at a select group of auctions augmented by up-stream and on-line selling platforms. Endtrust’s team understands that auction representation is key for any remarketing strategy. They have a set procedure before the sale, on the block and post-sale to serve each client’s needs.
Endtrust’s proprietary vehicle remarketing performance analysis is unique to the industry and is a custom vehicle-grading analytics that looks at: yr/make/model/miles/condition and assigns a grade-rating. It sets more realistic expectations in a sound remarketing strategy that demonstrates transparency and accountability to its lender clients.
Fleet Remarketing Services, LLC operates in Georgia and has been licensed and bonded since 2002. They buy and sell medium and heavy duty trucks that are exported or provided to their dealer network.
They specifically work with heavy duty trucks such as conventional trucks with and without sleepers and tow trucks.
Flexco has been providing remarketing services for over two decades to Fortune 500 clients. Flexco leverages cutting edge software to provide top tier service to all clients. They work with their national network to ensure that clients receive the maximum value when selling fleet vehicles.
Flexco differentiates themselves by offering clients custom remarketing services. Where many companies would offer only one or a few options, Flexco works with clients to create a unique asset remarketing program for specific client needs. By eliminating the “one-size-fits-all” mentality, Flexco lives up to their name and is flexible when helping clients achieve the highest return when retiring fleet vehicles. This includes having different locations around the country and being have to quickly move vehicles to locations with the highest demand.
Founded in 2001 as a consulting company, VRCG has been a used car wholesaler and auto fleet sales company since 2003. Their goal is to help their clients operate more efficiently and profitably. VRCG occupies a small and unique niche in the vehicle remarketing industry. They work with large fleet operators in the commercial and rental car space who are in need of disposing of their fleet. VRCG helps these clients dispose of off-lease and off-rent vehicles. In addition to the well-known auction, companies can also dispose of fleet vehicles via other models such as dealer direct, various retail sales, sales to wholesalers, and sales to smaller rental companies.
VRCG is a nationally recognized fleet remarketing company that has bought cars in, and sold cars to, dealers throughout the United States. Their core team consists of experienced professionals with expertise in auto retail and remarketing.