Bob’s Market Message

Bob McConkey

September 8, 2014

Fall is in the air, and September is upon us. As the weather begins to cool, it seems as if the market is actually heating up. August brought a bit of a lull to the marketplace this year. From what we can gather, retail was a bit of a mixed bag. Seems like August ended on an upswing and retail traffic has picked up in the past couple of weeks.

DAA Seattle and DAA Northwest in Spokane both had good sales this past week with sales percentages back up to 60%. The rental car market is healthy, the late model truck market seems to be rebounding and the trades and decent older units are holding up well. All in all, the market feels very healthy. Inventories remain short, but the volume of nicer units hitting the auction block continues to improve.

This week’s Montana Days Sale in Spokane is shaping up to be a good one. Wednesday at 2:00 PM, you’ll find Toyota Financial Services, Ford, Avis, Enterprise, a great group of repos and a terrific offering from Josh Dykes and Legacy Auto Group. Thursday’s auction will be huge with over 2000 units—this is a sale not to miss.

DAA Seattle is doing well. We would love to have you be a part of what goes on each Friday at our auction on the west side of the state. Experience it this Friday at 10:00 AM.

We appreciate your support both in Spokane and Seattle and we look forward to earning your business every week.

Bob

Quote of the week:
“Soldiers generally win battles, generals get credit for them.” Napoléon Bonaparte