Any pain points or opportunities ahead of the September market? - August buoyant for us, seem to be getting a lot of response, sales YoY up 11% with same stock holding, trade prices due to dealer demand at auction seem to very strong would be biggest pain point and have no option but price stock accordingly,
Is stock supply holding relative to demand? don't quite know what this means? We buy in line with demand so our cars don't tend to stick around too long. our days to turn is consistently around 34 days. the availability of the more in demand cars at auction seem ok but as mentioned above everyone's chasing the same cars so pushing up prices
Will August finish ahead or behind 2017? ahead, interest in diesels has also gone up, notice my advert views of the diesel stock up in past 4-6 weeks, customer's haven't a clue or don't care about WLPT I find. Footfall strong and Advert views on AT up, so fingers crossed for a good Q3
How would you describe the overall market? think it depends on how successful new car sales are and how well franchised dealers do, we tend to boom 4-6 weeks after new registration, pick up a lot of decent part ex but think the manufacturers discounts will start to end and cheap PCP deals will start to peter out.September started well (last weekend) still as strong as August thankfully
you still in the IMDA Phil?