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.