Market Conditions Commentary (Archive 2014-December)
With nearly 40 years in the wholesale automobile business, our founder Robert Hollenshead offers his insights on the market and where it is going -- info to help your business succeed!
by Robert Hollenshead
12/6/2014 7:03:56 AM

As previously stated, it happened.  Except now it really happened, a geezal.   That was not a fat finger typo.  A geezal is one thousand.  It normally refers to doe.  You know, a gee is  $1,000.  In this case it refers to 1,000 cars, in a week, bought one by one, on the street and sold, in a week, one by one from dealers to dealers, professionals. 

We sold 1,022 units for the week.  By hammer time, 9AM Friday, we had 835 registered of which we sold  94% and an average price of $21,012.  There were just under 187 units sold prior to the sale and another 275 that were delayed in recon that had to be shifted to next week.  Of the cars that hit the block we sold 874 units under the hammer with stellar simulcast activity.  Thank you to all dealers that participated.

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by Robert Hollenshead
12/2/2014 8:00:48 PM

It happened.  Not just it, but a couple of things took place.  One of them will never happen again.

 First we made a move.  Our Company has branched  to Florida.  After 35 years in Manheim Pa our administrative office is relocating to West Palm and Delray Beach Florida.   We will still be breaking sale records every week in the 17545 but we are shifting a portion of our attention south.  If you are a car buyer with balls, wholesale brains, integrity, an insatiable will to win and be on top, a real competitor regardless of circumstances,  and have legitimate stops,  I am interested in talking with you.  If you are washed up, worn out with a million excuses about how the world has screwed you please stay away.  Criminal records can be overlooked if

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