Remarketing has been changing for the car rental industry in recent years with less volume going through auctions and more emphasis on upstreaming. Automakers are keeping fleet sales limited, too.
Thats improving conditions for used vehicle prices.
Avis Budget Group is showing significant signs of how car rental companies have been rethinking their role in the world of used vehicle remarketing.
During a third quarter call, executives explained how the car rental company cascades cars between its Avis, Budget, Payless, and Zipcar brands for maximum usage.
About half the cars go to auctions, and the other half go directly to dealers and consumers.
Read how car rental companies are rethinking their strategies for renting and remarketing cars.The Article How Avis Budget Group is Changing Car Rental Remarketing appeared first on Automotive Digest.