The problem with MMR as I see it is that it takes in account all sales, including on-line internet bids.
That said, I'll explain.
In the days before the internet, a dealer was barred from the "live" auction if ever caught bringing a retail customer to the sale to buy them a vehicle.
Fast forward now to today...
I could take you into my office, show you a car pre-sale, agree on a mark-up for profit and get your high water mark on what you want to spend.
That all sounds great, right? We got a retail sale, the customer got what he wanted at a price that he wanted to pay, the seller at the auction sold the car... all good ! EXCEPT... the MMR is now tainted by this ( and many more) retail sales.
One man's opinion.... What's yours ?
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