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Rant: Wholesale Auction Prices through the roof.
Be happy you're not a small independent used car dealer right now. I'm at about 30% inventory right now and struggling to restock. Quite literally retail prices being paid at auction as Buy Here Pay here's completely take over, and new car dealers hold on to their trades. The supply has never been this bad.
Need some examples of the insanity? Keep in mind these are dealers intending to resale these vehicles for some kind of profit.
2006 Honda Accord 4 cylinder auto EX 147,000 miles. $6900
2005 Toyota Corolla S Automatic 128,000 miles $6300
2003 Dodge Ram 1500 SLT 4.7 V8 4x4 110,000 miles $10,100
2003 Lexus GX470 175,000 miles $11,300.
2006 BMW 325i 98,000 miles $11,900.
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