New Tech Helping Transform Vehicle Remarketing

No area of vehicle remarketing or fleet management can escape the rapidly evolving range of technology tools and platforms speeding up how fleet vehicles are operated and moved along the chain of transactions.

Automotive Fleet recently checked in with some technology pulse-takers in the fleet and remarketing sectors who can see how far the industry has progressed, while pointing to areas technology can still improve.

Remarketing More Varieties of Commercial Vehicles

Technological advances still hold a lot of potential for vehicle remarketing in the commercial fleet sector.

In the commercial space, auctions still do not spend enough time and attention on thoroughly valuing commercial medium- to heavy-duty vehicles, said Kathryn Schifferle, founder and chief visionary officer for Work Truck Solutions (WTS).

"Auctions could improve how they intake commercial vehicles from fleets and identify what they are, their conditions, and maximum values. They may turn them quickly but that’s different than maximizing the values."