I am making a change... and for me, that says a lot because my professional career really spans just two "jobs": 16 years at Southern AA and 9 years at Sudden Services LLC. I've spent more time on LinkedIn recently and see "professionals" that are 5-7 years into a career and have been at three different companies in two different industries and that brings me to the realization that the "change" that I am referring to is really no change at all.
What's changing is the enhancement I am making to my company and how I will be modifying [its] template to successfully build upon my stability and reputation. If you don't say enough good about yourself, either there isn't anything there or, your modest. For me, it is the latter and that is changing as well! I have a vast and expansive wealth of auction experience and a unique perspective on what makes auction utilization for dealers work (and not work). Over the next 11 to 15 months, I am going to be targeting auctions as customers to train auction people how to be better auction people. A 3% increase in sold rates at auction is my product... EVERY auction will be ears!
If prices are measured by book value on average, than you could say the market is about average . If you single out trucks, it quickly becomes a soft market. If you gauge small cars... try to guess what a Focus or Elantra will do! It may be mid-summer, and it has been hot... but not as hot as cars at auction! The auction business itself, as a whole, is in a rapid state of change and that has had more effect on prices than we give credit to. The shortage of cars crossing the blocks are still out there, but are selling through different channels . Finance companies sell direct. Rental companies have mature wholesale channels outside the auctions. OVE, AutoTrader, Cars.com... all outside channels that have syphoned vehicles out of auction lanes as well. I believe that these are major reasons as to why the "remaining" cars at auction have jumped to the levels they have. It has been the push away from the physical auction from the major consignments sources that has increased val...
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