Maximize the Return on Your Vehicles with Fleet Remarketing

Fleet Remarketing Management

Less Uncertainty – Fast Money for Your Assets

When it’s time to remarket your fleet vehicles, the options can be overwhelming. Merchants Fleet provides fleet disposal and remarketing programs that get you the best sale prices while managing the time your vehicles spend on the market. When you let the professionals handle the remarketing process, you save time and resources – and increase your returns.

Two Options to Fit Your Needs
Merchants Fleet offers two different fleet lease remarketing programs, GuaranteeTRAC® or OpenTRAC®. You have the choice of how to remarket your fleet vehicles according to your company’s unique needs. Both options are available for individual vehicles or entire fleets, and you have an expert team working to get the most possible for your assets.

From compacts to work trucks, one vehicle to an entire fleet, both of our remarketing options are available regardless of the makes, models, and number of vehicles you have.

GuaranteeTRAC®: Simple Process, Fast Turnaround

Our GuaranteeTRAC® program will offer you a guaranteed price up front for your vehicles. We begin by assessing your vehicles and then our remarketing experts use their industry expertise and marketplace data to determine the appropriate value.

From there, we handle the entire fleet remarketing process, including any fees associated with selling and taking care of any necessary inspections.

Benefits of GuaranteeTRAC®:

  • Guaranteed Price Up Front
  • Receive Payment in Less Than 1 Business Week – Our Fastest Option
  • We Take on All Risk
  • No Extra Fees
  • Stress-Free Process
  • Minimal Administrative Work
  • Options for Replacement Vehicle Ordering and Delivery
  • Great for Organizations with Hard-to-Sell Vehicles or Heavy Equipment
  • Available to Anyone with Fleet Vehicles – No Merchants Fleet Contract Required

OpenTRAC®: Multi-Channel Approach for the Best Return

Our OpenTRAC® remarketing program is designed to help you find the best deal for your fleet. We remarket your vehicles on your behalf, using multiple sales avenues including:

  • Closed Auction Sales
  • Physical and Online Auctions
  • Specialty Auctions
  • Retail, Wholesale, and Direct-to-Driver Sales

Our network includes 150 avenues and is continuously evaluated to ensure that we are using the most advantageous options for our clients. With over 50 years of retail experience, you can trust you are getting the most value for your fleet.

 

Benefits of OpenTRAC&®:

  • Get the Best Deal for Your Vehicles — Average of 105% of Black Book Value and 106% of AuctionNet Value
  • Vehicles Sell in an Average of 18 Days
  • Personalized Strategy for Each Vehicle
  • Fleet Buyback Options
  • Full Disclosure of Process
  • Optimized to Balance Days on Market with Potential Return
  • Market Risk Mitigated by Multi-Channel Sales Approach

Vehicle Acquisitions & Buyouts for Drivers or Employees

When your fleet reaches the end of its lease, we will help you create an acquisition plan that allows your drivers or employees to purchase your vehicles for their personal use. Our team will identify a price quote for your vehicles, manage the sales process, and finalize the terms of your lease.

This option is a win-win: Your company will receive a competitive price and your employees will enjoy the peace of mind that comes with knowing their vehicle’s history.

Frequently Asked Questions

What if I want to extend the term on my vehicle?

If you need to extend the term on your vehicle, you have options! We offer month-to-month terms if you need to extend for a short period, or you also have the option to change your vehicle over to a long-term lease if you need a more permanent arrangement.

Do I need to purchase insurance for my delivery vehicles?

Yes. Our vehicles are insured by the renter. You should have insurance to cover $1,000,000 liability policy for each vehicle.

How do I return the vehicles at the end of my contract?

We will arrange for the transportation of your vehicle when you are ready to return them. When you are approaching the end of your contract, please notify your Merchants account manager via phone or email correspondence at least 7 days prior to your anticipated end date. This allows our logistics team to arrange and schedule the pickup, and transport of your vans from where they are located.
You will need to remove all magnets, stickers, or other cosmetic changes made to the vehicle, sweep the cargo area and cabin, and clean out any trash from the inside of the van. You will also need to complete a digital condition report prior to releasing your vehicles to the transporter.

Does Merchants Fleet pay for maintenance?

Yes, we will cover all maintenance over the life of the vehicle. Our maintenance team will track and approve maintenance items. All manufacturer warranty items need to be brought to the appropriate dealership. Any maintenance or repairs that are a result of driver error or negligence fall under the renter’s responsibility.

Do I need to pay a deposit?

No, we do not require any deposits.

How do I receive the vehicles?

We will deliver your vehicles to you. Complimentary delivery is included with our program.

Total Fleet Coverage

Our national footprint allows us to service clients all over the United States. No matter the size of your fleet, we’re ready to help you find a management solution that works for your business. From flexible leasing and comprehensive maintenance to innovative telematics and cost-saving fuel management, we’ll create a tailored plan to meet your needs.

Whichever TRAC you choose, you can count on proven, fast results.

Ready to get the most out of remarketing your fleet? Call 866.653.2737 or click below.