Market Trends

Resale

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How to Minimize the Risk of an Internal Audit of an Employee Sales Program

November 7, 2013

When selling out-of-service fleet vehicles to employees, companies need to ensure fleet policy is uniformly applied — without exception — and that all buyers are treated uniformly and consistently. If you are involved in individual price negotiations, it is prudent to document the sales process. Auditors want to ensure that policy is being enforced uniformly and consistently throughout the organization. Here's what you need to do to ensure you sail through an internal audit with flying colors.

Tags: Resale, Fleet Policy, Internal Audit, Employee Sales Program, Wholetail Pricing, Antich

Author: Mike Antich | Posted @ Thursday, November 7, 2013 12:00 AM | » Comments(0)

Is the Fleet Industry Grossly Under-Estimating Personal Use Miles of Company-Provided Vehicles

October 16, 2013

If you asked fleet managers what the industry average is for personal use of company vehicles, most would say it is approximately 15-18 percent. But, is it? Most of us will agree that some drivers fudge their personal-use mileage, but no one knows by how much. There is a growing suspicion that personal-use mileage is far greater — perhaps substantially greater — than what the industry accepts as conventional wisdom.

Tags: Telematics, Personal Use, Remarketing, mileage, Resale, Company-Provided Vehicles, Antich

Author: Mike Antich | Posted @ Wednesday, October 16, 2013 12:00 AM | » Comments(1)

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