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Some cars appear to be worth more at wholesale than retail

Published Date
Author Dale Pollak

Dale – looks like used cars are worth more wholesale than retail. Example – we had an 08 Sebring convertible priced at $16,900 – #1 in vAuto, it brings $17,900 and an 06 330M, we had $16,200 in it, and it brings $19,500 at auction. It is definitely a silly season. It reminds me of musical chairs. A dealer better not be holding inventory at today’s prices when the music stops.

Gary

The post Some cars appear to be worth more at wholesale than retail appeared first on Dale Pollak.