Once your fleet of cars no longer holds the same value, you might want to consider selling them. The process by which you sell fleet vehicle titles is involved, however, since you will have to track down an interested party before making the sale. The fact that many fleet vehicles have high mileage can make this sale even more difficult, but do not give up because you have many different avenues that you can take.
Auction Sales
The auction is a great place to sell fleet vehicle titles because you will encounter a number of potential buyers. In addition, you can set a reserve price and if that price is not met, you do not have to sell the vehicle. In some cases, the auction process can even drive the price up, so you might end up getting more than you thought. One thing to consider, however, is that there is also a chance that your vehicles will not sell, which means that you will have to re-list them the next time an auction is held.
Private Sales
Another way to unload your fleet vehicles is by selling them privately. You might want to start by offering these vehicles to your employees at discounted prices. Not only will this help you make a quick sale, but it can also improve employee morale. If you cannot sell these vehicles to your employees or you do not generate enough interest, you can always post the vehicles online and hope that an interested buyer comes across your advertisement.
Remarketing Company
Finally, you can hire an automotive remarketing firm to sell your vehicles, which is often the best way to handle this situation. These firms will make an offer for your vehicles and will send a truck to pick them up quite quickly. If you agree to the price that they provide, you will not have to pay for transportation costs either. This is a great way to get some value for your out-of-service vehicles, especially since they are probably just taking up space right now. If you do not have the time to deal with selling these vehicles on your own, this is probably the best way to go.
Fleets USA offers some of the best online services in the auto remarketing industry, making the process much easier on you.
