With depreciation accounting for 45-55% of the cost of ownership, aggressive used vehicles marketing is critical. Our Used Vehicle Sales program enables you to: - Minimize vehicle lifecycle costs
- Save administrative overhead from not having the driver or a fleet administrator oversee the sale process and periodically audit results
- Maximize your expected return
PHH was the first company in the industry to use the Black Book Commercial Value Guide as its source for U.S. used vehicle benchmark data because of Black Book's independent, consistent, and reliable methodology for predicting the value of commercial vehicles. In fact, Black Book is the only external benchmark that does not require users to create summaries, which can open results to manipulation or interpretation. Our Black Book approach provides accurate and defendable Fair Market Values via PHH InterActive, a critical consideration as companies seek to satisfy Sarbanes-Oxley (SOX) criteria. PHH’s North American sales channels | | - Deliver a premium of $150-$200 per vehicle sold
- Represent PHH vehicles personally at many auctions
- Use PHH InterActive to deliver vehicle depreciation data, sold unit notices, and PHH ValueBuy quotes
- Provide a toll-free number for drivers to discuss their vehicle purchase
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