I remember when we first sold a car on simulcast. The
consensus then was that it will never amount to more than 20% of the cars
converted but if it got to that point it would be great. Nobody even knew
what a proxy bid was and condition reports were only done (in a very crude way)
for important commercial accounts.
I pay very close attention to the information and statistics
that are a byproduct of or remarketing business. An undeniable fact is
the ever increasing incredible influence that Simulcast has had on my ability
to sell 95% of our first run units under the hammer week in and out. We
are selling units 600 units from $150,000 right down to $500 cars from 9AM to 4PM every
week via simulcast. The number of dealers logged at any given moment can
be as many as 400 and cumulatively for the day well over 1,000. Put that
into
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