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Friday afternoon

No auction today... a break in what has been a very busy 2 months with so much movement recently that a day away from the block is like a 2 week vacation! There is so much talk about where the cars are and what will happen next that taking this time to type away helps me balance out what I've seen since the snow melted. Most noticeable to me is the overwhelming demand for trucks... pick ups. Dodge/Ram pound for pound is the monster at market currently and if it is Cummins equipped, you cant guess high enough. Next are the half-ton Lariat and LTZ type Ford and GM trucks with gas motors, leather, NAV... chrome. Miles here aren't as important as equipment... the more the higher they go. The next segment of Dakota, Tacoma, Ranger, Colorado are equally sought after and because of lessor quantities, an 01 Ranger XLT 4X4 6-cylinder 4-door beauty with 54K miles still commands over $6000. The bottom line is that people are still working and need to move dirt and sheet rock and tools. If you have an aged truck... get it to auction. The opposite can be said about the 2012-2013 4 door sedans... the bulge in the hose is there and as they continue to spit out, they soften. Every auction is running Altimas and Sonatas and they have more coming. This current lease turn has yet really to take its toll... wait until the rentals come off this fall! This segment is selling at decent %'s because they are price attractive, but I wonder if the lease companies will be able to spread out the risk enough this fall to prevent a bottoming and push the low end cars down the price chain as well. I will be in touch again mid summer to update... and until then, we will continue to provide outstanding service to our customers week in and week out by staying in touch, remaining organized, and offering a tremendous service at a low fee per. If your struggling at auction currently, be sure to call me for help!

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