Fleet Management Update – April 2017

Commercial Leasing & Fleet Management Since 1955

April 2017  -  We hope you will find our monthly Fleet Management Updates useful. Please feel free to call us or leave a comment below regarding any questions you may have about the newsletter or subjects you would like us to include in future months. We invite you to sign up at the bottom of this newsletter page for future Fleet Management Updates to be sent directly to your email.   

SCOTT SMITH President  

GT Leasing | 904-398-5000  | 2810 St Augustine Rd | Jacksonville | FL | 32207

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SPRING IS SPRUNG AND INVENTORY IS SURE TO DWINDLE

Many of our clients are entering their busy season and have pretty much laid out their replacement schedules. With many, there is always the pop up needs that inevitably occurs.

Right now the commercial vehicle market is pretty heated and the implications of this are as follows:

1) If you can, order NOW. Cut-off dates for 2017 orders (especially on commercial trucks and SUVs) start in the next few weeks.

2) When the cutoffs occur, the dealer inventory quickly starts to dwindle. By the end of June there will little to choose from. A by product of this is that when dealer inventory gets short auction prices rise, especially on current model low mileage alternatives units we try to find at the sales.

If you anticipate acquisitions in the next 4 months we suggest you work on it now while we can still order exactly what you need. This is your best bet and least expensive mode. If we have to acquire it from dealer inventory, we should also start the process now while we still have a decent selection.

Our newsletter has some fun and informative information for you this month. The new very cool Lexus halo sports car, the new Dodge Demon, information about our leadership in NVLA - our industry’s national associatio, the J.D. Powers 2017 Manufacturer’s Rankings and a few more articles with food for thought.

As you replace your vehicles look to GT Leasing as your professional resource for your fleet questions. We both have the same objective to keep your vehicle expenses as low as possible.

CALL US AT 904-398-5000

SCOTT SMITH President

FleetLeasingTruckLeasingFlorida
GT Leasing | 904-398-5000  | 2810 St Augustine Rd | Jacksonville | FL | 32207
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LOOKS LIKE LEXUS IS GONNA GET IT’S HALO BACK

Lexus has long been the premier manufacturer for across the board luxury// quality combo in the world of cars. What it hasn’t had lately is that “IT” car that turns heads. Looks like the Halo “IT” car is back beginning this month.

Lexus describes the LC500 in their web promotions as

“a world-class prestige luxury coupe and a new era of uncompromising design and performance. An all-new platform, 471 horsepower* and a class-leading 10-speed automatic transmission come together to create our most responsive vehicle yet.”

That’s a pretty big promise.You can see more details at CAR CONNECTION on this $92,000 coupe that is sure to be a low volume winner for Lexus

 

CLICK HERE IF YOU WANT AN 840 HP PRODUCTION RIDE 

FOR THE DRAGSTRIP

TEN THING YOU SHOULD KNOW ABOUT THE DODGE DEMON

840 horsepower, 770 lb-ft of torque, a massive blower, 0-60 mph in just 2.3 seconds and bragging rights over your soft, feckless Dodge Hellcat owner friends. One thing you won’t get is three pedals and a stick.

Dodge’s release confirmed that unlike the Hellcat and several other variants of Challenger, the sole gearbox option for the Demon is an eight-speed automatic with paddle shifters. No manual gearbox can be had here. The Demon clearly is meant for one thing and one thing only: straight-line drag racing. And the quickest way to do that is when you don’t have to do the

intricate dance of shifting with your left foot and right hand; an automatic

allows you to merely mash your right foot down and embrace the flood of speed and freedom and all that makes America great.

 

CHECK ENGINE LIGHT – WHAT’S HAPPENING?

The number-one reason for check-engine lights turning on in 2016 was the vehicle’s oxygen sensor, according to CarMD, a firm that sells automotive scanners and collects their data.

Oxygen sensors are little electronic devices that are in a vehicle’s exhaust stream, usually mounted in the manifolds or pipes leading away from the engine. They’re responsible for determining the oxygen content of the exhaust gases and feeding that info back to the engine’s control computer.

If attended to without much delay the fix is relatively cheap at around $200. However, ignoring a faulty oxygen sensor can cost you plenty. They can reduce fuel economy by up to 40 per cent, and, if left long enough, can permanently damage the catalytic converter — which CarMD says was the second most common CEL trigger last year. That fix can easily top $2,000.

NATIONAL VEHICLE LEASING ASSOCIATION 

CONFERENCE MARKS 49TH YEAR

The 2017 annual National Vehicle Leasing Association (NVLA) Conference took place from April 5 – 7 at the Hilton Downtown, Nashville, Tennessee. Congrats to GT Leasing’s Chris Pontarelli current president of the NVLA on a successful annual conference.

                   Pictured From Left – Ben Carfrae, David Blassingame Past Presidents, PJ McMahon Clemons Pender Recipient, Mike Mathy Exec Dir, Chris Pontarelli, Current President

This is the 49th year of the association that is clearly in a growth mode as the automotive leasing industry is on the upswing after the recession.

The 135 Lessors were given a kick off by Charlie Vogelheim, an industry analyst based in Silicon Valley with TPC Management, who spoke on the transformation of an increasing complexities in transportation. Tom Kontos, the chief economist for KAR Auctions Services, echoed the conference sentiment by stating the U.S. Economy post-election is positive with slow growth. He added, “low unemployment is good news for our industry.

Leasing has come back with a vengeance. About one-third of new car sales in the U.S. and Canada are leased. The leasing business is driven by sales and there was substantial time devoted to sales training by Linda Kester, a renowned lecturer in the equipment leasing industry. Ms. Kester provided attendees with a lively lecture on sales tactics that worked for her when she as an industry salesperson as well as tips and ideas for hiring sales people, training, and motivation.

The annual Clemens Pender Lessor of the Year Award was awarded to P.J. McMahon, past president of the NVLA and Vice President of McMahon Automotive Group  in Norristown, PA. The Lessor of the Year Award is the highest honor to be awarded by the NVLA.

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FORD TIMELINE FOR MODELS 2016-2020

For proper fleet management the data we provide on manufacturer model timelines is critical. It appears that other than the Super Duty roll-out, the 2016 model year will be a lull. But, it will be the lull before a bevy of new intros.for Ford thereafter.
Ford
2016 2017 2018 2019 2020
F-150Addition
FusionFreshen
Super DutyRedesign
GT New
Fiesta / Fiesta ST Redesign
MustangFreshen
ExpeditionRedesign
F-150 Freshen
Transit Connect Van Freshen
Transit Connect Wagon Freshen
Edge Freshen
Transit Freshen
Focus Redesign
Subcompact crossover New
ExplorerRedesign
FusionRedesign
EscapeRedesign
Model ENew
Mustang Re-engineering
F-150Redesign
Bronco New
Lincoln
2016 2017 2018 2019 2020
ContinentalNew NavigatorRedesign MKC Redesign
MKXFreshen
MKZRedesign
AviatorNew
coupePossible
We think the near term biggest grin from Ford will come from the Shelby. We all know Shelby as a producer of special versions of the Mustang – the most powerful and fastest since the days of the first generation in the mid-60s. As for the latest generation of Ford Mustang, which appeared in 2015, Shelby has not fully used the potential of the new model. Recently there was a GT350 model and its track-modification GT350R (pictured here), but this is just the tip of the iceberg. The most interesting Shelby experts left for later – with the release of the 2018 Shelby GT500, which is already actively being tested on race tracks and public roads.

 

NEW VAN CONFIGURATIONS GOT YOU CONFUSED?

PRIMER ON ALL VANS – PHOTOS STATS SPECS

TOP AUTOMAKERS IN CUSTOMER SATISFACTION FOR 2017

The J.D. Power 2017 U.S. Customer Service Index Study measures customer satisfaction with service at a franchised dealer or independent facility for maintenance or repair work among owners and lessees of one- to five-year-old vehicles. This year, the study found the quality of automotive service continues to show significant improvement and is driving an increase in overall customer satisfaction. Here’s the top 10, graded on a 1,000-point scale.

10. BMW
With a score of 852, BMW performed well, but scored under the luxury brand average.
5. Cadillac
Cadillac slightly increased its score from last year, ranking 865 points in 2016.
9. Buick
Buick is the best performing mass market brand,scoring an 860.
4. Porsche 
With a score of 867, Porsche improved its score by 19 points.
8. Infiniti
With a score of 861, the automaker improved on its 2015 score.
3. Lincoln
The highest-ranked U.S. automaker scored an impressive 868.
7. Mercedes-Benz
Although it’s behind other German rivals, Mercedes-Benz did beat out competitor BMW with a score of 864.
2. Audi
Although Audi beat out all of its German competitors, its score of 869 is actually down five points from 2016.
6. Jaguar
Jaguar also comes in with a score of 864, tying Mercedes-Benz.
1. Lexus 
With a score of 874, Lexus bested last year’s second-place finish.

 THE ICONIC WRANGLER REDO COMING IN 2017 AS A 2018

The switch to a midengine layout would entail a major overhaul of the current car, the C7. Almost no parts could be carried over because nearly all of the major components on a midengine car would in different locations. It would entail engineering a new chassis, creating a new transaxle — the transmission and axle — to drive the rear wheels, developing new cooling, air conditioning and suspension systems, and designing an all new body.
A midengined Corvette would give GM a true competitor to Ford’s upcoming GT supercar, which is midengined, as well as supercars from Ferrari, Lamborghini and Porsche. The biggest challenge for GM would be to keep the car affordable. All midengine supercars have starting prices that top more than $100,000

  

JAPANESE MANUFACTURERS MODEL TIME LINES

Here are Japan’s big three’s plans over the next 4 years. The automakers have set their sights in different directions as they craft their product plans over the next few years.
Toyota and Lexus are going global with common platforms and goung after more daring styling. Toyota’s lineup also absorbs three youth-focused models from the soon-to-be-extinguished Scion brand. Lexus’ dazzling LC 500 sports car, a pet project of Toyota Motor Corp. President Akio Toyoda, arrives this year.
Nissan is targeting the truck market with shorter intervals between model freshening that include a major mid-cycle freshening of the Pathfinder crossover and a new base-model Rogue. Infiniti, gets three new engines.

At Honda we will see new redesigns in 12 months to their bread and butter core models: the Accord, Odyssey and CR-V. Also coming onto the market is highly fuel efficient line – Clarity. Mainstream models will also be offered in hybrid and plug in variants in both Honda and Acura models.     TIMELINE PDF - Download

LEXUS
2016
2017
2018
2019
2020
LC 500 New
RX Redesign
LS Redesign
NX Redesign
CT Redesign
IS Redesign
ES Redesign
GS Redesign
SCION
2016
2017
2018
2019
2020
TOYOTA
2016
2017
2018
2019
2020
Corolla Freshen
Highlander Re-engineering
Prius Addition
Yaris iA New
Corolla iM New
86 Freshen
C-HR New
CamryRedesign
Sienna Re-engineering
Prius VRedesign
Yaris Redesign
Supra successorPossible
AvalonRedesign
86 Freshen
RAV4Redesign
Prius CRedesign
CorollaFreshen
TundraRedesign
HighlanderRedesign
SiennaRedesign
Corolla iMRedesign
SequoiaRedesign
INFINITI
2016
2017
2018
2019
2020
QX60 Freshen
Q60 Redesign
Q50 Freshen
Q30 / QX30New
Q70 Redesign
QX70Redesign
LE New
QX80Redesign
Q80 New
QX50Redesign
NISSAN
2016
2017
2018
2019
2020
Rogue Addition
Titan Addition
ArmadaRedesign
PathfinderFreshen
MuranoFreshen
FrontierRedesign
AltimaRedesign
Versa sedanRedesign
Leaf Redesign
Juke Redesign
Versa Note

ACURA
2016
2017
2018
2019
2020
TLX Re-engineering
ILX Redesign
CDX Possible
RDX Redesign
MDXFreshen
RLXRedesign
RDXAddition
TLXRedesign
HONDA
2016
2017
2018
2019
2020
Civic Addition
OdysseyRedesign
Clarity Redesign
Fit Freshen
CivicAddition
CR-VRedesign
AccordRedesign
ClarityAddition
Pilot Re-engineering
HR-V Freshen
CR-V Addition
AccordAddition

GENEVA 2017

The front view of the new Lamborghini Huracan Performante is the essence of what you find annually at the Geneva Motor Show. For automotive aficionados who live for cool, exciting cars, there aren’t many events that eclipse the Geneva Motor Show in terms of SuperCar eye candy.
With displays from the likes of Koenigsegg, Bugatti, McLaren, Ferrari and other exotic brands, narrowing down from hundreds of photos to cover highlights is no easy task. It’s all in Geneva, from the most powerful Ferrari ever to the G-Wagen nobody on Earth actually needs, Click through for photo highlights from the 2017 Geneva Motor Show. - Geneva’s Top 12

 highway strip narrow

 

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