Fleet managers: According to the latest Manheim Used Vehicle Value Index, wholesale prices for used vehicles rose 2.5% from December 2022 to January 2023. However, setting aside seasonal adjustment, the average unit price is down 11% from this time last [...]
According to the IRS, you no longer need to buy an electric vehicle to qualify for the EV tax credit: You can lease instead! Just before the end of last year, the agency ruled that leasing companies may claim a [...]
According to E Magazine, leasing a car has a smaller environmental impact than either driving your old one or buying a brand-new one. When you lease, you put outdated, less efficient automobiles out of commission while recycling their materials. Click [...]
According to the AARP, drivers are more than three times as likely to hit an animal on the road in November than in any other month. Taking fog, damp roads, and increased sun glare into account too, fall can be [...]
Many fleets struggle to find and keep sufficient drivers, especially in the trucking industry. In fact, a survey conducted this year by Conversion Interactive Agency and PDA found that about 37% of drivers are looking for work outside of their [...]
Amidst high gas prices, hybrid vehicles can be a great way for drivers to save money. Unbeknownst to many drivers, hybrid technology can often be found in newer vehicles, even if they are not advertised as such. Called a “mild [...]
The global EV market is nearing a significant milestone: 20 million total vehicles, a huge leap from about 1 million units in 2016. This rate of growth is much quicker than experts expected—based on the latest sales data, the world [...]
For areas like Southgate Lease Services’ native Wisconsin, the winter doesn’t just mean cocoa, bundling up, and shoveling: it also means treacherous driving conditions. And the only thing scarier than an icy road is a dark and icy road. Leasing.com [...]
The experts have weighed in: operating a fleet will grow more expensive in the coming years. But according to Automotive Fleet, the circumstances will mostly be out of owners’ hands. A few predictions include lingering supply issues, model-specific availability constraints, [...]
What Will Become of Company Cars? Company cars are in a state of flux. Sales and leases are on the decline, and more and more drivers have made it clear: they want to go electric or hybrid. However, as fleets [...]
