Vehicle Remarketing:
Used Car Sales
Savings from acquisition costs is the first step in reducing fleet expenses. Obtaining top dollar for vehicles at lease end is just as important. Unlike most national leasing companies we do not limit used vehicle sales to only a few outlets, but instead evaluate each unit individually to determine which avenue will produce maximum yield. Our remarketing department utilizes a variety of
disposal methods and outlets which is very hard, particularly in today’s market.
In addition to it’s own dealerships, VFM’s vast network of wholesale and retail dealers ensure maximum resale value. These higher resale values translate to higher residuals for Closed-end leases and lower depreciation rates for Open-end agreements.
VFM has long term relationships with major auction companies. VFM’s reputation in the industry, in itself, commands more money for it’s vehicles. VFM never expends money for repairs unless it is determined that those repairs would add additional resale value to the vehicle.
VFM also offers a free disposition and courtesy sales service to all it’s fleet customers. This service obtains top dollar for older owned units and eliminates Lemon Law liability for the lessee.
Taking the time to select the best avenue for resale, right down to it’s own personnel putting their “hands on the fender” is where VFM separates itself from the competition.
