Quote:
Originally Posted by GregWeld
I agree with Mark.
I have two buddies that are in the business -- they'll take 30 + cars to BJ Scottsdale -- and they'll make a killing on some of 'em -- do okay on a few -- and lose on a couple more. Overall.... they do just fine. Their costs of transportation are lowered by taking entire truckloads - one pickup point - one drop off point. They know how to detail to the max - and they know how to pimp to the max. They'll spend months in advance getting the word out on what they're bringing. Beating the drums and getting the marketing done. They don't start that on the day of the show.
Here's the BIG BUTT in the room -- since they're big time customers and know what they're doing - they have prime time #'s - and they have cars that are bought to sell... and bring top dollar. They don't do 'weird' and one off. They do DESIRABLE - MARKETABLE - MAINSTREAM.
The guys that loose - are the single car sellers - non prime time - and they only have one car to apply all their costs too... That's hard to make money on for anyone.
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Right. Just about consigner I spoke to had been to a BJ auction before, and they all had more then one car there. The auction had about 120 more cars there this year then last. So the "idiots" are multiplying.