When it is time to remarket your fleet vehicles, the options can be overwhelming. Merchants Fleet provides fleet disposal and vehicle remarketing services 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: GuaranteeBUY 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 money possible for your assets.
From compacts to work trucks, one cargo van to an entire fleet, or gas-powered to electric vehicles (EVs), both of our remarketing options are available regardless of the makes, models, or number of vehicles you have.
Electric Vehicle Fleet Remarketing
Our familiarity with the EV market enables us to maximize the resale value of these vehicles. Even though EVs are fairly new to many drivers, our familiarity with their benefits ensures we can find them new homes and get them back on the road.
We can provide remarketing services for new battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs) to net you the best possible return.
Similar to fleet lease disposal, our GuaranteeBUY 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 vehicle remarketing process, including any fees associated with selling and taking care of any necessary inspections. GuaranteeBUY also works exactly the same way for EVs.
Benefits of GuaranteeBUY:
Guaranteed Price Up Front
Receive Payment in Less Than 1 Business Week – Our Fastest Option
We Take on All Risk
No Extra Fees
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®: Third-Party Remarketing Solution for the Best Return
Our OpenTRAC® remarketing program is designed to help you find the best deal for your fleet, including electric vehicles. We remarket your vehicles on your behalf, using multiple sales avenues including:
Closed Auction Sales
Physical and Online 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.
Fleet Disposal vs. Fleet Vehicle Remarketing
Fleet disposal is the quickest way to get rid of your vehicles, but it does not often yield the maximum amount of money possible.
Fleet remarketing is a more structured and involved process. It may take a few extra days to sell your vehicles through a fleet remarketing program, but it can get you the most money possible.
GuaranteeBUY Fleet Remarketing
OpenTRAC Third-Party Remarketing
A Few Days
Receive Payment in 1 Week
Average of 18 Days
Receive the Minimum Amount
Guaranteed Price Up Front
Receive the Maximum Amount
Physical & Digital
Physical & Digital
“Since partnering with Merchants Fleet last year, their professional team members have provided excellent service and offered innovative solutions to address our unique needs. Merchants has proven to be a top-tier fleet management company, exceeding our expectations on all levels.”
Support Services Manager, Royal Cup Coffee
“My experience has been one of overwhelming delight. Merchants facilitates the expansion of Novus Ag business possibilities with their experienced professional staff by engaging in supporting activities. Allowing Novus Ag to lease short term vehicles while factory ordering enables us to save tens of thousands while immediately placing the employee in a high-quality truck. From permitting Novus to lease agricultural, material handling assets, to fuel and maintenance programs, we consider them a valuable partner.”
Corporate Services - Fleet, Novus Ag, LLC
“Floor Coverings International is proud to partner with Merchants Fleet. Their responsiveness and consultative approach has been beneficial to us and our franchise partners.”
Director of Merchandising, Floor Coverings International
Frequently Asked Questions
How long does the fleet vehicle remarketing process take?
With our GuaranteeBUY fleet remarketing program, you can receive payment for your vehicles in less than one business week. Our OpenTRAC program can take a few extra days (vehicles sell in an average of 18 days), but will give you the highest return for your vehicles.
What is included in your fleet remarketing services?
We take over all risk and handle the entire process for you, including, market research and outreach, resale strategies, pricing and transfer of ownership.
There are certain fees associated with our OpenTrac third-party remarketing option. Under GuaranteeBUY, all fees are covered by Merchants Fleet.
Will you pick up the vehicles?
Yes. Our team will arrange the pickup and transportation of your vehicles.
How can I estimate the resale value of new EVs?
Our analysts can help you evaluate this based on industry trends, forecasts, and third-party research. Our remarketing programs can help you get the most value.
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.