Lyons Auto Group in Denver

[XDCX]

Originally Posted by slyons316

Wow, appreciate?

Thats incredible!

Here are a couple of threads you might want to read where we discussed the seasonality of auction prices.

• Seasonal impact of Used Car prices.....
• Finding Inventory

Concerning seasonality, there are some dealers who will wholesale their aged units in December and take a loss so they'll minimize their profits/taxes for the current year. The demand is also lower at this time of year because the retail demand for used cars tends to be soft.

Concerning vehicles that appreciate, in my experience they tend to be the vehicles that are attractive to "tax season" customers. A vehicle that is soft at the auction today may be quite a bit stronger when the spring selling season arrives and retail buyers are looking to spend their tax return.

On a final note, I think one of the other reasons I don't like late model vehicles for inventory is they tend to be the ones that depreciate the fastest. For dealers who revalue their inventory with each new Blue Book release it can be frustrating to take a "book hit" for vehicles that are just sitting in inventory.