Market Conditions Commentary
 
I'm back and we have a monster sale lined up for tomorrow in the 17545, lane 15 and 16 with Mexican food on the menu to show our appreciation of your business (participation not required to eat like a country hog)
by Robert Hollenshead
Sep 11 2014 11:55AM

You haven’t heard from me lately as I have been completely tied up working on some projects that were bell to bell 24/7 for a couple months.  Not like anybody cares but I am back. 

I just got done reading a few the automotive economists “expert analysis” of the wholesale market.  I bust into a deep belly laugh when reading the “experts” analysis of the market.  The market has been very difficult to navigate as prices across the board are plummeting with near zero anxiety to buy.  Nobody is hungry for anything as evidenced by the generally horrible conversion rates on the $20,000 up inventory.  I am fairly sure skin in the game players never take them seriously as they are almost categorically wrong but it is surely comical.  That’s not to say that anyone reads this or is influenced by what I say either, but this is straight from the block with skin in the game up to the family jewels. 

Out of towners are not buying deep, they are skimming.  On line is very active but quitting about a gee under what the units can be acquired for on the street as trades.  MMR is catching up (going down as sellers are forced to face the market) but not fast enough as the knuckleheads in the dealerships are looking at results from a month or two ago which is utterly off today’s market.  The sum total is constipation.  But my solution for constipation is the “sell every cotton picking unit regardless of the need for a colostomy bag when it’s over and reload on this week’s market.  We have to hit the bottom sooner or later, right?  Well right or wrong, that’s what I am doing.  Lanes 15,and 16 are packed with cars that simply cannot be found anywhere in the country and I am going with the enema injector in hand to avoid any contagious crossover of no-sales.  Ait’t happening in 15/16.  These suckers will all have a new owner by 3PM tomorrow.

So here we go with 750 units for tomorrow.  Name it we got 30 of them or more, 100 in the case of Lexus, 80 in the case of BMW, 40 in the case of Audi Porsche, 100 in the case of low mile domestics, 200 in the case of low priced Honda's and Toyota's.  There is nothing you can spit out that we don’t have.  Don’t ask how we manage this but it’s happening, every week.  Close to 400 units in each lane 15 and 16 primped, polished, PDRd, priced to sell, and prepared for post-sale-prevention.

As always we will sell the highest priced units in the auction and the lowest priced units in our mileage challenged “low Line” sale. 

Dig in, call if you have questions, call 732 666 8888 if you have any questions during the sale on any unit prior to bidding or after but most of all have fun, enjoy yourself.  It rubs off on the others around, including your customers. 

Sell Well,

Big Hearted Bob, the car slob, from over the hill, never no-sales cars and never will, there ain’t no other like this car buying brother, so knock me your lobes and let my auctioneer rap to you, if I’m all you got, I’m all you need.  And remember, if you ain’t got ‘em, you can’t sell ‘em.  


2 Readers' Comments

1
Perry Gallese
Darby
PA 19023
10 years ago
BOB, GOOD TO HAVE YOUR PERSPECTIVE AND SPIN ON THE MARKET BACK FROM HIATUS! I JUST WANTED TO DROP YOU A QUICK NOTE OF APPRECIATION FOR THE FRIDAY LUNCHES AND DRINKS. LIKE YOU, IT IS ALWAYS FIRST CLASS AND TOP SHELF, WITH SOME GOOD ENTERTAINMENT COMING FROM A TOP OF THE AUCTION BLOCK. YOU ALWAYS LOOK OUT FOR THOSE OF US IN THE LANE WHICH IS GREATLY APPRECIATED,SOMETIMES BETWEEN BITES YOU CAN EVEN STEAL A CAR OR TWO FROM YOU! ONCE AGAIN, THANKS A MILLION FOR THE FOOD AND ALL OF YOUR CONSIDERATION! GERARD J-MOTORTWIN.

2
Robert Hollenshead
MANHEIM
PA 17545
10 years ago
I am pleased you enjoy Brother. Thank you for coming out.