View Single Post
Old 06-17-2020, 11:57 AM   #20 (permalink)
rmay635703
home of the odd vehicles
 
rmay635703's Avatar
 
Join Date: Jun 2008
Location: Somewhere in WI
Posts: 3,882

Silver - '10 Chevy Cobalt XFE
Thanks: 500
Thanked 865 Times in 652 Posts
Quote:
Originally Posted by JSH View Post
If Hertz was going to sell cars at wholesale prices they would just send them to auction and be done with it.
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.
  Reply With Quote