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Really funny article in Auto Remarketing Today - Sept 21, 2011
by
Robert Hollenshead
Sep 21 2011 4:03PM
Really funny comments from the observers were published in ART today. There is an article about hyper-prices in the wholesale market. Let me help everyone with that. It is called the 17545 Zip code, Manheim, PA.
The sales percentage is at an all time low. We have more low mile cars here than any five auctions in the country combined, and nobody is bidding. We have 4,500 no-sales per week or more no-sales in a day then most auctions register in a month.
Of course if you follow one unit on to the block that has giant tits 20 guys run the car up and it brings big dough. What about the other 75 units that have no bid if you left the title on the front seat and declared it free for anyone that would volunteer to take it ...and have no takers. Wake up.
Prices are horrible and have been for over a month. I am selling 95% at an all time low in comparison to average, mile adjusted MMR.
Stop eating Hot Dogs and pay attention. Get out of bed and come to the world's greatest auction. Stop being put to sleep by bidding on 100 units on OVE and Open Lane to buy two (and you are competing against 14 other lazy knuckle heads that don't want to come to the auction). If you really want merchandise and are not just listening to the side line cheerleaders who have never bought a car at auction in their lives (but they drum up nonsense from an office building from statistics that show sold, not unsold units), Bring your butt to the Wall Street of wholesale.
I promise you if you show up in lane 22 Friday and fart, you will be a buyer. I have 550 units there this week and some of the fattest cars you can (or can't find based on these ludicrous articles) find anywhere in the country. Stop being put to sleep by bidding on 100 units on OVE and Open Lane to buy two.
At the end of the day, if you didn't find exactly what you want, come see me. I stay on the block for an hour after the lane is over. I promise you I will load your ass up. Even if I have to dig into next week's units or no-sales that aren't even mine.
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