Beggs on the Used Car Market - February 8, 2010
Tuesday, March 9th, 2010
The market continues to reflect the undersupply of vehicles available for wholesale purchase. With the spring buying season just around the corner, and tax refunds checks in the mail, we may see retail demand continue to outstrip supply, further strengthening the auction market.
The media airwaves were bombarded this week with news of the Toyota recalls. This generated an interesting trend, with the daily volume of potential Toyota trade-ins jumping to as high as 4.5 times “normal”.
Is this a consumer overreaction? Watch this video for Black Book’s insight into the progressing situation.
Duration : 0:3:27
http://www.Government-CarAuctions.info 
This week, for the first time since we’ve tracked all 24 segments types, every vehicle category went down!
http://buycarscheap.us/ We can show you how to buy your next used car cheap at a Goverment Auction!
It’s the last full week of the year for auction sales before the shortened holiday weeks arrive.
The market maintained its overall softness this week, with 95% of Clean and Average condition vehicles falling in value. Even more significantly, the values declined at a steeper rate.
With an average of 1,198 daily adjustments last week, auction activity was only half as brisk as the week before. Though still soft, the market showed positive signs of stabilizing, providing opportunities to freshen aging inventory.
With over 50 years in the auction industry, Hodgins Auctioneers has the experience, staff and client base to serve all your auction needs. Notice to stock investors: Hodgins is now listed on the TSX, Hodgins’ mission is to become “The Ultimate Marketplace”. Car auctions; equipment auctions; agricultural auctions; industrial auctions; real estate auctions; Hodgins does it all. For more information visit http://www.hodginsauctioneers.com
In this new video you’ll meet Terry Park, Black Book’s Import Editor. On any given week, Black Book has 43 editors and auction personnel, like Terry, physically attend auctions and report exactly what’s happening in the market.
If you are looking to save money on your Dream Car then you need to find the Government and Bank Repossessed Car Auctions local to you. Join those in the know! http://www.repossessedcarstore.com Find your dream car at prices you wouldn’t believe!