Free Webinar – The Impact of the Recent Economic Downturn in Vehicle Values: What Fleets Need to Know!

By June 1, 2020 News

Due to current events surrounding COVID-19, there is a lot of uncertainty in the used vehicle market. Fleets who need to sell vehicles at this time are likely to see losses in asset value. So what can be done now and throughout the next twelve months?

AfMA’s State Chapter Committees invite you to join us for our First National Fleet Webinar! A panel discussion with three of our industry leaders.

During the one-hour webinar you will hear from each of our guests, followed by an interactive discussion based on your specific questions. Please join us at 12:30pm AEST on Thursday June 18 for this interactive and free event.

Speakers:

Ross Booth – Global GM RedBook /Director of Data Services Carsales.com
Ross will start the discussion by looking at the broader impact of COVID-19 on the Australian automotive market in relation to used car values in the short, medium and longer-term.  We will examine ways in which you can prepare for the new market environment.

Brendon Green – General Manager, Pickles Auctions
Brendon will continue by diving deeper into the variations seen in resale prices for LCV, Passenger and SUVs, which brands are performing better and how auction clearance rates have been affected.  Why are more vendors using Fixed Price sales now, how is dealer sentiment being affected and what are FMO and Government Vendors doing to assist?

Adam Morrison – Group Executive, Asset Management, Australia & New Zealand Interleasing
Adam will provide insight into the challenges experienced by FMOs.  We’ll consider the impact of social and physical distancing, working from home, technology, and leadership in these times of crisis. Adam will also look at the impact COVID19 has had on Fleets and Drivers and why it is critical that we remain connected.   Lastly, we turn our attention to used car values and explore options available to mitigate and spread the risk.

Click here for more info or to register.