March 28, 2021 | A Market Update from Bob McConkey.
This week is what we have been longing for—It’s no April Fool’s joke—DAA is back in the lanes April 1st in Spokane and April 2nd in Seattle! Needless to say, we are all very excited.
As for the market – well, what can be said? We are witnessing history. What is happening is unprecedented. DAA Northwest experienced a 93% sale last week on 1200 units. Both Seattle and Vegas were in the 80%’s. If you didn’t sell your car last week, you might want to look in the mirror and ask yourself why.
Late model trucks sold at nearly 100% again last week. This is simply hard to fathom, yet it continues. Obviously, inventories are at historically low levels, and with the continuing new car production and supply chain issues, it looks like this will be the case for a while.
These are the times of our lives—hang on tight! We hope to see you IN THE LANES this week!
Bob McConkey – President & CEO