Used Fleet Car Sale Blog

Excellent article, but it leaves out a big, big point!

Tom Webb of Manheim Auctions is one of the most respected used car analysts in the nation, and he’s very much “on point” with his commentary here: Webb Believes Some Wholesale Volume Patterns Will Persist; Manheim Releases Enhanced Mobile Site …but, he leaves out a very big part of “how do I source units for […]

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Stocking My Used Car Lot?

The average cost of a new car has gone up in the last couple of years and that trend doesn’t look to be decreasing anytime soon, especially with future fuel economy standards. At the same time, lending standards have gotten tighter, thus credit availability to the average new car buyer is tougher to get, and […]

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An Outstanding Article

What lessons can we all learn, as taxpayers, from the GM bankruptcy, which was one year ago today?  What parallels can one draw from the GM fiasco vs. what’s happening with units of government in the U.S., from your local township to Washington, D.C.? Read on for a pretty interesting take: http://online.wsj.com/article/SB10001424052748704113504575264641145227612.html?mod=WSJ_auto_LeadStoryCollection Let’s hope we […]

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More “help” from Washington

Now the Federal Government wants to legislate how dealers get retail buyers financed.  Lord help us all, they have such attention to detail on other things like Fannie, Freddie, etc. http://www.autonews.com/apps/pbcs.dll/article?AID=/20100524/RETAIL03/305249954/1137 It’ll be funny (or shameful…) to see where we are as an industry 12, 24 and 36 months from now.    

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Great Day for GM!

Great Day for General Motors, and the US Taxpayer! http://money.cnn.com/2010/04/21/autos/gm_loan_repayment/index.htm?hpt=T1 …congratulations to all the workers, engineers, white collar and executives that are working together to make the “new GM” a reality!

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Rental car industry starts to emerge from the ‘perfect storm’

USA Today – April 10, 2010 Frequent traveler Gary Bellaire says he received two rental cars from Hertz last year that each had about 50,000 miles on the odometer. “This would have been unheard of just a few years ago,” says Bellaire, of Rowlett, Texas. Bellaire, who works in the real estate industry, would know. […]

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“Something Fishy” Alright….

Good article here about the 1500 or so “orphaned” dealers who will try to reassert their rights to their privately held dealerships and businesses – some that go back generations… http://money.cnn.com/2010/01/26/smallbusiness/auto_dealers_gm_chrysler_appeals/index.htm All of us in the car business know how seemingly arbitrary and haphazard the ‘axing’ of the dealer body was…particuarly in the case of Chrysler.  […]

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Alright, who doesn’t like a good joke?

A very old man lay dying in his bed. In death’s doorway, he suddenly smelled the aroma of his favorite chocolate chip cookie wafting up the stairs.      He gathered his remaining strength and lifted himself from the bed.  Leaning against the wall, he slowly made his way out of the bedroom, and with even […]

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