Name: Sherpa Auto Transport
Brand: Sherpa Auto Transport
Rating: 4.9 (8361 reviews)

In 2024, Used Car Week (UCW) celebrated its 25th anniversary. Leaders, dealers, and innovators from the automotive industry gathered on one platform. Together, they discussed the latest trends and challenges faced in the used car market.

Sherpa Auto Transport and our sister company, SAKAEM Logistics, proudly participated in this year’s UCW event. Attending Used Car Week was a great chance for us to connect with like-minded people and build valuable relationships. It also gave us the opportunity to show our commitment and forward-thinking approach to the ever-changing automotive industry.

Used Car Week 2024 Review

The highly anticipated event, Used Car Week 2024 brought together car enthusiasts to look at the latest trends and advancements in the vehicle remarketing space. The informative event featured thought-provoking panel discussions and keynote presentations by professionals.

The event covered the growing impact of digital platforms. It discussed how the used car industry is changing and electric vehicles (EVs) are evolving in the pre-owned market. It also discussed strategies to steer through post-pandemic challenges in the automotive sector.

As a Silver Sponsor, SAKAEM Logistics, alongside Sherpa Auto Transport, played a prominent role in the event by hosting the Help Desk booth. Attendees discovered how our transport solutions help make the industry better and more efficient.

SAKAEM Logistics General Manager, Jason Karadeema, acted as a key representative and engaged in meaningful discussions about key challenges. These included connecting transport services with online marketplaces and meeting the needs of the growing EV market.

What is Used Car Week?

Used Car Week is an annual convention where stakeholders from across the vehicle remarketing sector get together. Car enthusiasts from the automotive industry including fleet managers, dealers, and transportation providers were attendees at the event.

UCW 2024 highlighted significant shifts in the automotive market. This platform provided individuals to tap into new technologies, network, and discuss ideas for the industry’s future. These included the rapid digital transformation of automotive remarketing and the expansion of the used electric vehicle (EV) market.

UCW provided SAKAEM Logistics and Sherpa Auto Transport an opportunity to connect with partners. We got to build relationships by connecting with new clients. Moreover, it showcased our fleet transportation and auto logistics expertise.

SAKAEM Sponsors Used Car Week

As a Silver sponsor of UCW 2024, SAKAEM Logistics played a key role in the event. Sponsoring the Help Desk booth allowed us to engage with attendees directly. We fully availed this opportunity to address their queries and introduced them to our distinctive transportation solutions.

Jason Karadeema, General Manager of SAKAEM Logistics, remarked, “It was a privilege to represent SAKAEM at such a pivotal event and introduce new faces in the industry to our brand.”

Our sponsorship showed our dedication to the used car industry. We strived to provide reliable, innovative transport solutions.

A Conversation with Jason Karadeema

Jason Karadeema provided valuable insights into his experience at the event and the evolving trends in the remarketing industry.

For Jason, attending UCW for the first time was a long-awaited opportunity. “I never had the chance to go to UCW in the past, but it’s always been at the top of my list to be part of a gathering of industry leaders,” he shared.

The event highlighted rapid digital transformation in the remarketing world. More businesses have embraced online sales and digital marketplaces. Despite this trend, Jason observed that in-person experiences were unmatchable. “The large attendance at UCW demonstrates that physical dealers, auctions, and conventions are still crucial for many people in our industry,” he noted.

Takeaways from Used Car Week 2024

UCW 2024 revealed three major takeaways shaping the future of automotive remarketing:

Post-Pandemic Recovery

So many years later, the industry is still recovering from the impacts of COVID-19, with low vehicle lease pipelines. Many consumers are buying out their leases, affecting the availability of used vehicles. As OEMs push new lease incentives in 2025, the secondary used car market is expected to expand.

The industry is still navigating recovery from the pandemic. “Vehicle lease pipelines remain low, and customers continue to buy out their leases,” Jason explained.

Integration with Digital Marketplaces

Transportation providers must adapt to the digital age by offering real-time tracking, faster turnaround times, and greater transparency. A dedicated online portal for tracking vehicle transportation has become a necessity.

“Real-time tracking, faster turnaround, and transparency in vehicle delivery are now essential,” said Jason.

Expansion of the Used EV Market

The growing demand for electric vehicles calls for transportation providers to face unique challenges. These include managing EV-specific equipment and ensuring charging infrastructure during transit. Companies that adapt to these requirements will lead in this emerging segment.

“The used EV market requires specialized equipment and charging infrastructure during transit,” Jason pointed out.

Vehicle Remarketing

The vehicle remarketing industry continues to evolve, shaped by economic conditions, shifts in consumer behavior, and rapid technological innovation. This dynamic sector connected vehicle owners, dealerships, and fleet managers. This was a way to ensure that pre-owned cars find their way to buyers efficiently and profitably.

At Used Car Week (UCW) 2024, Sherpa Auto Transport and SAKAEM Logistics showcased how our customized transportation solutions help used car dealerships and fleet managers navigate vehicle acquisition and logistics complexities.

Our services are designed to address the unique challenges businesses face in today’s remarketing landscape. They include sourcing fleets of pre-owned vehicles to manage the specialized transport of electric vehicles (EVs). As partners with us, dealerships can focus on growing their businesses while we handle the logistics with precision and care.

Industry Trends

Several key trends are shaping the vehicle remarketing industry, underscoring the need for innovative solutions:

1. Rising Demand for Affordable Used Cars

The cost of new vehicles is climbing due to inflation and supply chain disruptions. Now, more consumers prefer to purchase cars from the pre-owned market as they are more affordable options. This change in trend has pressurized dealerships to maintain a steady supply of quality used cars.

2. Digital Transformation

The shift toward digital platforms and online marketplaces is changing how businesses buy and sell vehicles. Data-driven tools play a central role in making informed purchasing decisions, optimizing pricing strategies, and smoothening the inventory management process.

3. Expansion of the Used EV Market

As electric vehicles gain popularity, their presence in the pre-owned market grows. However, transporting EVs leads to different challenges, These include the need for specialized handling of equipment and infrastructure during transit. Companies like Sherpa and SAKAEM are adapting their operations to meet these changing needs. Smooth delivery and customer satisfaction is our top priority.

At Sherpa Auto Transport and SAKAEM Logistics, we strive to stay ahead of these trends by offering innovative services that empower our clients to thrive in a competitive market. We deliver solutions that help dealerships and fleet managers remain efficient. It includes advanced tracking systems and smooth transport processes,

About SAKAEM Holdings

Sherpa Auto Transport and SAKAEM Logistics are proud members of the SAKAEM Holdings family. It is a trusted name in comprehensive transportation and logistics solutions. Sherpa Auto Transport specializes in moving vehicles for individuals and households, whereas SAKAEM Logistics caters to the distinctive demands of fleet management and B2B shipments.

Our combined expertise caters to a wide range of clients. It includes individual car owners, large-scale dealerships, and fleet managers. We have the knowledge, resources, and commitment to deliver outstanding results. We help in coordinating multi-vehicle shipments and digital marketplaces integration. Moreover, we ensure safe and hassle free transport of electric vehicles,

Thriving on the strengths of Sherpa Auto Transport and SAKAEM Logistics, the SAKAEM Holdings family continues to play a pivotal role in advancing the vehicle remarketing industry. It makes sure that our clients remain competitive in a rapidly changing market.

Networking and Partnerships

UCW 2024 also provided valuable networking opportunities. Jason highlighted strong partnership ties with key clients like Avis and Enterprise. It led to promising discussions with new connections, such as Bridgecrest Auto Finance.

“Meeting Bridgecrest, an auto finance company, was a highlight,” Jason said. “Our discussions about their challenges and how SAKAEM can deliver effective solutions were incredibly productive.” He also engaged with Kenwood Auto Group, which is currently working with a competitor, and showcased how SAKAEM could offer better value and efficiency.

Conversations with companies presently working with competitors opened doors to showcase how SAKAEM can provide superior solutions.

The Road Ahead for Remarketing

Looking to 2025, Jason sees a promising future for the remarketing industry. “The rising cost of new cars, driven by supply chain disruptions and inflation, will push more consumers toward pre-owned vehicles,” he said. As a result, OEMs are expected to introduce more leases, adding to the growth in the rental and fleet markets.

The insights from UCW 2024 points to a bright future for the used car market. The industry adapts to post-pandemic realities, uses digital tools, and meets the growing demand for EVs. SAKAEM and Sherpa remain committed to delivering exceptional transport solutions.

If you’re a dealership, fleet manager, or industry partner, we will help you steer through the challenges and opportunities ahead.

The Final Say

Used Car Week 2024 reaffirmed the resilience and innovation of the automotive remarketing industry. For Sherpa Auto Transport and SAKAEM Logistics, it was a chance to showcase our expertise, strengthen relationships, and prepare for the opportunities ahead.

As the industry changes, we are committed to delivering exceptional service and supporting our partners in navigating the complexities of the used car market. To learn more about our capabilities, visit Sherpa Auto Transport or explore our family of companies at SAKAEM Holdings.