The wholesale market has been steady since the start of summer. The newer vehicles continue to sell at above average prices while the older vehicles struggle to get bids. I believe this is due to a large surplus of older vehicles and like always, when supply is great, the demand goes down. Hopefully this trend doesn't last through the rest of this year.
The last two weeks of July are shaping up to be good sales. The 23rd sale will feature a great selection of fleet, lease and dealer consigned units along with a Kia Motors America open sale event. The last week of the month will feature our normal consignment along with our monthly equipment auction and a GSA Public auction.
This week's trivia question: What college did David Nail attend?
– I look forward to seeing you in the lanes,
Quote of the Week:
"The happiest people don't have the best of everything, they make the best of everything they have." - Judith May