Market Conditions Commentary (Archive 2014-May)
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
5/8/2014 1:43:10 PM

If you have any inclination to buy inventory and you are not watching lanes 24/25 Friday, tomorrow in the Big House, Manheim,Pa. check your HVAC (heat and air-conditioning system) because somebody is pumping dumb air into your facility.  You would have to be a nincompoop to miss this offering.  Once again I feel like Noah (from the Arc saga) cause we have everything regardless of what your profile might be. 

CRs are being completed as we speak and Spotters are available.  Make-a noma stake-a Jake-a, there will be mayham in Manheim in our end of the building.  620 units will be having the titles reassigned.  Get comfortable as we start both lanes at 9AM and will not take a p-ss break until it is over, around 2PM. 

I guarantee many things including 10,000 offers via Trade-in Marketplace every day so I

More...

by Robert Hollenshead
5/5/2014 6:48:17 AM

Big week coming on the heels of a horrific market.

Big week is coming with cars in Adesa Kansas City Tuesday, Columbus Fair Ohio Wednesday,  Manheim Atlanta Thursday, and the Big House Friday Manheim Pa (next Friday, not this but the next our lanes are changing in Pa to be in the auction (not on the moon) for the first time in years, lanes 16/17 so be prepared). 

Here is the market as seen from the block selling the cheapest to the most expensive units in volume with SITG (skin in the game) as opposed to OPM interpretations.  The opinion you are reading is not from statistics that only show a number, not reality of who bid, who is there, who is on-line, how many on-line, what they are bidding on (or not bidding on, what is getting exported (and not), the desirability index, the stability of the market, etc., etc.

More...