Doug’s Market Message

April continued strong in the wholesale lanes. Our consignment numbers were slightly lower but our conversion rates were over 70 percent. Our NASCAR Days promotion was strong as expected and the winners enjoyed the trip to the Talladega Superspeedway.

May started off rainy and it looks like it will continue to be a wet month. Our first two sales were light in consignment but again we saw above average conversion rates. Our annual Fish Fry Sale, scheduled for May 15-16, is expected to be a great sale. Wednesday’s sale will feature 700 corporate vehicles followed by another 800 corporate and dealer vehicle offering on Thursday. I hope you make plans to join us that week.

I expect the retail market to level off this month because of graduations and family events but I believe it will pick back in June and continue to be strong through the summer months.

– I look forward to seeing you in the lanes,
Doug

Quote:
“Perseverance is not a long race; it is many short races one after another.” – Walter Elliot