July 18, 2022 | Market Insights from Bob McConkey,
The 27th Rock & Roll sale is upon us in Spokane. It’s been a long run since Jerry Lee Lewis played to a quaint and very enthusiastic crowd that kicked off the DAA facility’s Grand Opening in 1996. Sammy Hagar is set to take the DAA Stage this year, and everyone is pumped for the show.
While it won’t be a record consignment by any stretch, with 3500 plus units on the block (and a boatload of fun) you will not find a better place to buy cars this week. The market has come off a bit in the past 6 weeks, and sellers are primed to “take the money” this week. We think this year’s Rock & Roll Sale will provide buyers and sellers good equal footing to trade inventory.
Meanwhile, our MAG Now digital platform continues to build momentum. I want to thank all MAG’s dedicated teammates for their Herculean effort to continually evolve our auction services. This past week we sold nearly 300 units on the MAG Now platform – a record week for us. Thanks to all who put their faith in us and thanks to the MAG Now team!
We love the lanes, we love the Rock & Roll Sale and all it brings, but we are also continuing to evolve to meet your needs today, tomorrow, and into the future – whatever they may be.
See you next week up front by the stage, and in the lanes at DAA Northwest.
Bob McConkey
President & CEO
McConkey Auction Group