![]() "You almost want to short yourself and be out on the weekend." Vercollone cuts his rates in half during the week in the winter. "You can't give them away if no one wants them," he says. Vercollone says it's not uncommon for 75 percent of his fleet to sit during the week. These operators say it is ideal to remarket at 30,000-40,000 miles while still under manufacturers' warranties. This suggests longer hold times, though maintenance issues and potential liability temper the desire to run up the miles. The depreciation curve on large passenger vans is steep in the first year. Capps once found that he'd make more money selling off much of his van fleet in May instead of holding through the summer. "The advantage to auction, even though it could cost us $1,500 to $2,000, is the quick cash," says Irani.Ĭapps holds his risk vans for a year to 15 months, though he looks for opportunity sales when the market is right. Some try retail, though the vans can sit for awhile. Because vans accrue miles quickly, negotiating mileage caps with the manufacturer can get tricky.įor risk units, the auctions are still the primary remarketing outlet. There are fewer manufacturers' repurchase programs these days they're expensive and they come with more restrictions, these operators say. "The minute school starts, drops like a hot potato," says Vercollone. Jack Vercollone, president, de-fleets repurchase units at the end of summer and holds the risk units, a third of his van fleet, to rent through the winter. Verc Rentals serves Boston's south suburbs out of six locations with a mix of passenger cars, SUVs and vans. However, for a normal summer season, a six-month repurchase program will still encompass two slow months, says Irani. This strict seasonality is managed in part with a mix of risk and repurchase units. I've been trying to get around that for 35 years," he says. "Ideally you should sell them before July 4, though that's the beginning of your biggest month in rental," says Dave Capps of Capps Van and Truck Rental, who rents large passenger vans, cargo vans, pickups and flatbeds out of 15 locations in Texas, Oklahoma and Arizona. With 8 passengers and luggage, two of the back bench seats can be removed providing a spacious cargo area."I need to be wise enough to understand how much fleet to have when my utilization goes up and how much cost I'm going to eat when demand dries up," says Yaz Irani of Airport Van Rentals, a van specialist serving four California airport locations. If you have 11 people and luggage, the back bench seat can be removed. The Ford E-350 and the Chevrolet Express 3500 Passenger Van come equipped with five rows of seats to accommodate up to 15 people. Additionally, when your requirements include storage capacity for items such as luggage, golf bags, equipment bags, etc., as well as people, extra space is a must. Once you have a group larger than 8 people to transport, your rental needs necessitate something larger than a large SUV or minivan. You require an 8, 9, 10, 11, or 15 passenger van rental for your team tournament, business retreat, or family reunion, PHOENIX DISCOUNT Van & SUV Rentalcan meet your transportation needs. With ability to transport 2 to 15 people, we regularly rent these large passenger vans to groups, such as: Large Passenger Vans to Meet a Wide Variety of Family, Team, and Group needs:
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