DONLEN LAUNCHES REMARKETINGADVANTAGE™ PROGRAM
BANNOCKBURN, Ill., June 17, 2021 – Donlen, a leading fleet management company, is proud to announce the launch of RemarketingAdvantage™. This new vehicle remarketing program offers customers the opportunity to sell fleet vehicles quickly and efficiently to Donlen.
With traditional remarketing auction channels, vehicle sales take an average of 28 – 30 days to sell in addition to a turn-around time for sales proceeds. By choosing RemarketingAdvantage™, customers have cash in hand within a week with the added benefit of immediate billing credits. Because Donlen takes care of the titling and transportation, the process is completely hassle free.
Khalid Latif, Donlen’s Senior Vice President of Operation and Supply Chain, said, “This past year has been a tough economic year for organizations across the world and we’re pleased to offer a program that provides cash flow to our customers.” Anna Stanke, Donlen’s Vehicle Remarketing Process Manager, adds, “Donlen assumes the risk with each vehicle sale, which makes the process even more valuable to our customers.”
Remarketing is one of Donlen’s four core areas of fleet management in addition to Acquisitions, On-Road Management, and Analysis and Reporting – all of which focus on cost savings and efficiency.
Fleet management is moving in a new direction and you’ll want a trusted partner for the road ahead. Headquartered in Bannockburn, Illinois, Donlen develops innovative fleet management technology solutions and offers a proactive, hands-on approach to customer service. Donlen listens to your needs, truly understanding your business, and guides you towards a more successful future. By leveraging our best-in-class proprietary tools and our ability to break down complex data into customized and actionable insights, we can drive your transition to sustainable vehicles and more efficient operations. Donlen is owned by Athene, a leading financial services company with total assets of $202.8 billion (as of December 31, 2020). For more information, visit www.donlen.com.