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What A Great Week !

DUMBASS !

I want to thank all the hearty souls who came out to buy cars this past week.....

I thought all the check writers would melt.....

And not show up.....

I know I'm 5 pounds lighter from sweating at 3 auctions in this heat !

But there they were.....

With their hands in the air.....

Buying my cars !

Between live auctions and O.V.E. activity.......

We sold 86%......

But even better.....

ALL MADE MONEY !

Most made bread and butter money.....

Some were ham sandwiches.....

Some were " pay the mortgage".....

One was "tropical vacation" !!

That's a great week !!

pawn stars

One of the services I provide is auction sales brokering.....

With the ability to get auction numbers.....

I'm always happy to help other dealers out who don't attend on a regular basis.....

You should be too.....

They are also your customers.....

Dealers you can sell to.....

As long as you keep it simple you can charge a flat fee for every car they send to the sale for you to sell.....

I charge $100.00.....

I'l let you know flat out if it's worth the trip before you send it.....

I only let cars in my auction run that work.....

This keeps my selling data fresh.....

I maintain my auction percentages.....

I try to make it so easy I feel like I'm stealing the $100.00.....

Before long an extra $1500.00-2000.00 a month just shows up without doing that much extra work!

Bread and Butter.....

About half the cars we sold this week made a "ham sandwich".....

We're good with that.....

You know the ones.....

You're on the block and the car or truck you're selling falls a little short of what you thought it would do.....

But you're in the black.....

So ya sell it!

These cars usually net out in the $300.00-600.00 profit range.....

Always worth the effort.....

I want to give a big shout out to O.V.E inventory manager.....

I don't know why you wouldn't have every trade-in or wholesale vehicle you own immediately posted there.....

If you're looking for a tool to track sales, this is it!

Having a screen shot of your week's activity gives you such a clear picture of how you're doing.....

What's working.....

Who's buying.....

Is it priced right.....

Is the vehicle's value expressed through your pictures and descriptions.....

Serious buyers respond.....

You get the cars sold for the right money.....

You bought it for the right price.....

Now you can pay the mortgage.....



Boy, was I ever a "dumb ass" THIS WEEK.....

I was at a new car dealer sealed bid a couple of weeks ago.....

One of the offerings there was this 04 Dodge Dakota Quad cab 4x4 SLT with a leather interior, 118,000 miles.....

Pretty nice truck.....

Minimal rust (crucial in the northeast).....

I had just watched a couple of similar trucks go across the block the week before.....

About the same condition and miles......

They all did around four grand......

So.....

I did some homework and decided I would put $2275.00 down as my bid......

I really didn't think I would get it......

The next day the phone rings.....

You own the 04 Dakota !

I took a little time getting the truck ready.....

I got rid of a few of it's warts......

As you can see by the pictures, it was worth the effort......

I immediately posted the truck on O.V.E.....

Manheim Market Report (MMR) was $4050.00.....

I was feeling proud so I listed mine at $4525.00.....

Over the next few days it was getting views......

But no offers.....

Sale day arrives.....

The truck is in line to get sold.....

When it gets to the auction block it has plenty of "admirers"

The bidding starts at $2000.00.....

And keeps going.....

And going.....

And going.....

The simulecast screen is lighting up.....

ONLINE BIDDERS !

Past $3000.00.....

Past $4000.00.....

Past $5000.00 there are still 2 lane bidders left.....

Past $6000.00......

SOLD $6100.00.....

I felt like a dumbass  for only listing it for $4525.00 on O.V.E !

HAH !!

 

We have a new online home!

And in my humble opinion, it's going to be amazing.....

We have joined forces with some of the best online talent on the planet.....

I can't name names just yet.....

But let's just say.....

We are going with:

A) THE best designer, bar none......

B) THE most creative marketing mind (and a legend at a relatively young age)......

C) An absolute visionary in the world of websites.....

To create for you a place to learn the world of Auto Wholesaling!

A place where you can learn the latest cutting edge information and training that will let you stay "ONE STEP AHEAD" !

I'm so excited I'm dancing right now.....

Try to keep up .....

Out for now.....

Barry J Neuman

Member of Manheim's "super seller" club

Views: 117

Tags: auto, wholesaling

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