Market Conditions Commentary
With nearly 40 years in the wholesale automobile business, our founder Robert Hollenshead offers his insights on the market and where it is going -- info to help your business succeed!
by Robert Hollenshead
4/9/2015 4:47:49 PM

No braggadocios bull dung, simple unbelievable facts:

110 Audis/Porsches , 70 BMWs, 90 General Motors, 80 Honda /Acuras, 90 Fords/Lincolns, 50 Land Rovers/Jaguars, 100 Toyota/Lexus, 20 Subarus, 90 Nissan/Hyundai/Infinities, 100 Mercedes Benz and 20 exotics. 

We have more desirable merch in our three lanes, all trades, not reshuffled auction slugs, no rentals, trades, that are getting sold, than any 8 auctions combined in North America. 

  I prefer sitting on the edge of the razor blade to lounging in a down stuffed lazy-boy.  There ain’t nothing like the thunder of the auction lane that separates observation and theorization from ball shaking, stomach wrenching, reality of $20,000,000 on the block getting sold…not acting like they are getting sold…sold.  I own them all and they will be

More...

by Robert Hollenshead
3/24/2015 10:46:36 AM

Tomorrow at Manheim Palm Beach we have a truly special offering.  Do yourself a favor and dig in now so you don’t miss the insane units that simply don’t show up in the real world market.  I ain’t going to brag on each on, you have to scroll or stroll to believe your eyes…and the suckers will be sold.  Pay attention in order to look smart, this type of stuff don’t show up every day, or any day.  

More...

by Robert Hollenshead
1/11/2015 12:56:51 PM

There is no thrill left in putting 20 G on the playoff games, sitting at a $1,000,000 poker table, or following the Great Karl Wallenda over the high wire of the Niagara Falls.  After this week we have to up the stakes. 

The odds at auction time were getting worse, six degrees Fahrenheit, a 20 KMH wind coming from the north, wind chill who knows what (ink freezing in the pen where it would only write half a number), snow and ice on everything and couldn't use water to clean anything as it only makes it worse on the frozen rags, nobody, nobody in the building, simulcast locking up (probably because the computer got frost bite), cars lost by drivers all over the 200 acre lot, snot freezing up as our people courageously did everything they could to make them all sale ready, dead batteries, out of gas, sliding into one another, and off we go.  No turning back or quitting with sore

More...

by Robert Hollenshead
1/6/2015 11:51:18 AM

 Actually I need the Depends at this point.  It’s freezing cold, my people and dead tired, there is 1,350 units on the ground, it’s snowing, 300 more cars on the way, and I am **ssing in my pants.  Once again, we have a new world record pinched and primped, just for you, but they are coming at a tremendous cost on my mental stability (which I understand most of you have questioned in the past anyway) as well as testing the courage of our workers. 

 

We work from a tiny toilet of a shop packed full of courageous dedicated people.  And since it is a simple statistical fact that we are the largest volume single point car dealer in North America, bar nobody from California to Vancouver, Maine to Key West, I want to acknowledge the girls and guys busting their

More...

by Robert Hollenshead
1/2/2015 5:47:32 PM

Happy New Year to each and every one of you.  Now we got that out of the way let’s turn to business.

I am making an official announcement today on next week’s sales at the 17545.  I am going to hold a completely sick sale next week.  Thursday High Line we will have 400 + select units, every one of them a trade and every one of them a first time to the market unit.  Friday is the nut case sale of all time.  I will have 1,200 units in three lanes.  This is an event that has never been attempted in wholesale history.  I own each one of these 1,600 units, there isn’t one of them that is on consignment or being “repped” (and as you all know in our lanes they never are).  What this means is that they will all, all, all be sold.  If you are a vAuto dealer, pay attention.  If you aren’t pay attention.  If you are a shrewd buyer, pay attention. 

More...

12