All of our second quarter wholesale auctions and sales were virtual and are considered online transactions which represented 17% of total revenue for the quarter. CarMax Auto Finance, or CAF, delivered income of $116 million, down 14% from the same period last year. CAF results were pressured...
Whenever there is a Monday holiday, the Tuesday auctions are usually very difficult. There is typically a shortage of both vehicles and buyers on these days. For me, these Tuesdays never resulted in a good volume day, but I would usually find 1 or 2 with a bigger than normal margin. Goo...
Yep, this 325i Sport went under the hammer for a patently absurd £51,187 at a Silverstone Auctions sale in Birmingham last weekend. The result eclipsed Silverstone Auctions’ upper estimate of £35,000, following a bidding war between two rival punters. For those of you on the o...
“That’s what got me into announcing on that level, but the comfort level of doing stuff in front of a crowd comes from the fact that as I grew up, my uncle had an auction business, and I grew up working auctions. I literally grew up in front of crowd. I was used to a lot o...
Quote Of The Dayis from Laurence J. Peter: "An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today." Monday August 24, 2020 Coupe de Grâce: Most manufacturers are killing off their good-looking coupes because the market for them has ...
Online auctions will continue to make inroads, but physical sites remain a necessity, a study prepared for the National Auto Auction Association found. more >> Used-car retailer Shift partners with Cox's Manheim Shift Technologies, an online used-car retailer, is partnering with Manheim for ser...
“Why are you asking so little?” <This one surprised me> “You know Blue Book on this car is only XXX.” <Facepalm. I hate ‘Blue Book’ when it comes to vintage cars> “You’ll regret selling it.” “I wish I had the money, but I have XX kids.” ...
lived near a major us army storage facility, a lot of the scrap my father bought and sold came from government auctions. he would go to the auctions held at the post from time to time, bid on pre-marked lots of god-only-knew-what, then send me out the next day with the big ...
bRobert: $KMX $70/$40 potential with weekly bear flag trigger Earnings tomorrow Failure near 50d ceiling Daily H&S top trigger < $85 np Been bearish the space with various shorts Covered $CVNA was a good one WEEKLY dome completed