Quote:
Originally Posted by JSH
If Hertz was going to sell cars at wholesale prices they would just send them to auction and be done with it.
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700,000 cars would cut the black book in half or less, right now that’s at parity with the entire pandemic North American market.
AKA If they were charging a legitimate wholesale+ amount to the retail market they would sell, if they dumped into the actual wholesale marketplace values would simply drop off a cliff
Hard place to be in but it is what is it is.