FLEETS are “firming up” disposal strategies in anticipation of a fall in values later this year, reports epyx.
Epyx says that while current used values are running high, increasing numbers of vehicles will reach the market towards the end of 2015, providing strong downward pressure.
fleets were already preparing for this scenario by looking at their overall disposal strategies
David Goodyear, head of business development, said, “The feedback we are seeing from fleets is that they don’t expect anything like a slump in values but that values will certainly fall.”
David said that fleets were already preparing for this scenario by looking at their overall disposal strategies.
He added, “We are seeing this from conversations with our users about the way in which they are planning to use our 1link Disposal Network e-commerce platform in more sophisticated ways.
“They are not planning complete revisions of strategies but more of a firming up process design to offset the reductions in values that are widely expected.
“This is very much about using the data that the platform produces – for example, in terms of identifying best routes for different kinds of vehicles – to maximise the chances of producing the best disposal result in terms of values and speed of turnaround.”
David said that epyx expected this kind of activity to continue into 2016.