Our Inventory

I was at the Auto Auction earlier this week trying to buy cars for our lot. I am befuddled by the prices the cars are bringing. It is a combination of a lot of things in the economy. New cars aren't selling well, therefore there are fewer used cars being traded in. The new car dealers are selling as many or more used cars than new cars meaning that fewer of those go to wholesalers and auctions to get to the used car dealerships.

I was talking from an out of state dealer. He was trying to buy a truckload of cars to take home with him. That's 8-10 cars that are leaving our area going somewhere else with one dealer. There are also a lot of Mexican dealers there who buy cars for export.

One of the laws of economics is supply and demand. If demand is high and supply is low, the prices increase. Right now there is a lot of competition to buy the nicer lower mileage cars that I try to stock, so I am forced to pay a higher price to have them available for sale. We will continue to give the best value possible for our customers.