Monday, May 09, 2011
Where to find cars to haul.
Don't go to the ports... at least not right now. Talking with friends on west and east coast, I hear reports of declining volumes of cars to haul. Toyota's last ship until God knows when came into the west coast and that is (supposedly) the last full ship they'll send until late July early August at the earliest. I spoke with a car hauler who used to pull new cars out of Baltimore... he is now pulling auction freight down in Virginia. Guess it's a good time to be a used car dealer... this trend at least corroborated today by Automotive News, which reports values jumping to record levels for used cars. Some dealers keeping trades to sell on their own lots, but I bet you can expect a lot of dealer trades as the summer selling season heats up. According to Kelley Blue Book, the average trade value for a Toyota Prius jumped $3775. Well, I guess finally the used car dealers are getting some good karma after the horrible luck they had with "Cash for Clunkers".
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2 comments:
How does it help used car dealers if used car prices jump.It only lowers thier available cash and puts more pressure on truck to haul cheaper.zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
Your assessment of the Used Car Market is correct. So, that brings the relevant question of how does this affect the auto transport industry ?
Used Card Dealers are in much greater need for transport and generate a significantly larger volume of units for transport than ever before in industry history.
Load Boards such as CarLoadUSA.com serve ONLY the broker industry by prohibiting dealers from access to their load boards. This reduces competition, strains posting prices for carriers, and puts more money in the brokers pockets.
Dealers already use the real load boards, and carriers are finding much better prices on alternative load boards
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