Tom Kontos Executive VP & Chief Economist ADESA Analytical Services Wholesale prices were down in February from January, which was a bit unusual given typical seasonal patterns; they were up modestly YOY despite continued supply growth, weaker demand, and severe weather conditions. Unusual pattern indicates dealers were being fairly aggressive in bidding in-lane and online […]
Used car giant CarMax got a mixed review for stockholders from The Motley Fool’s Alex Planes. Revenue over the past three years got a passing mark with its 51% increase, but improving profit margin didn’t make the cut. Here’s what the analyst sees as strong potential for CarMax – and likely for other growing used […]
Getting support for looking differently at inventory and increasing flooring lines as business grows are two benefits of having strong working relationships.