Auction Parking Lots Are Full – But With What?

Car Auctions - December 19, 2011

Black Book Man­ag­ing Edi­tor Ricky Beg­gs points out that whole­sale park­ing lots may be a bit deceiv­ing when deal­ers look at the con­di­tion of vehi­cles sit­ting there. More and more vehi­cles are of aver­age con­di­tion, rather than clean con­di­tion. Of the aver­age con­di­tion adjust­ments, Black Book indi­cat­ed 39 per­cent of these adjust­ments were increas­es, while just 24 per­cent of clean con­di­tion adjust­ments result­ed in a price increase.