While the first half of 2009 saw a substantial increase in used vehicle value, RVI Group predicts that 2009 will see a 2% drop from 2008 year-end results. This has to do with worsening economic conditions and a peak in used vehicle stock in the next few months. RVI says that 2012 to 2014 will see the largest increase in used-car pricing when a record low number of used vehicles hits the market.
Manheim chief economist Tom Webb sees less than positive consequences stemming from the upward spike of June wholesale prices. In a marketplace of both buyers and sellers, it is costing more for dealers to buy their vehicles in an arena with less supply available and compounded by bankruptcies and discontinued automaker brands.
2007 Executive Order 13423 requires Federal fleets to buy plug-in vehicles, but only when they are commercially available and priced comparably to conventional vehicles on a lifecycle cost basis. GOA says uncertainty about advanced battery and gasoline costs make clear guidelines necessary to proceed.
The Federal Motor Carrier Safety Administration under the US Department of Transportation is improving its data collection to target safety improvements for truck fleets. The 9% reduction in 2007-2008 fatalities is seen as a sign of success.