December 9, 2019
Wrapping up 2019
From an automotive wholesale perspective, this time of year is never all that much fun. I have always believed the toughest stretch of the annual cycle is from late October through Thanksgiving. This year was no exception.
The first week of December showed a nice bounce back in the market. The truck supply is high but whittling down. Activity on trucks was much better than it has been for over a month. They are starting their rebound and will only gain momentum coming into the new year. The passenger car and trade markets are strong for this time of year. If this is any indication of things to come, I’d expect the market to really catch fire in the lanes come January.
This past week: Spokane managed a 50% sale on 1350 units consigned. DAA Seattle, however, was absolutely on fire with an unprecedented December sale of 70% on nearly 900 units consigned.
We thank you for your continued support of our Seattle and Spokane sales. There are a few good weeks left in 2019, and it’s a great time to buy before things go nuts in the new year.
Hope to see you in the lanes this week!