Brasher’s Sacramento Starts Year Off with A ‘Bang’
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SACRAMENTO, Calif. –
It seems the new year bodes well for the lanes, as John Brasher reported a “very, very strong” sale from Brashers Sacramento Auto Auction this past Tuesday.
Brasher said, “We started the year off with a bang. The sale (Tuesday) was strong; the strongest it has been (in) probably six months.”
It seems dealer demand may be pushing strong sales, as Brasher noted “dealers came out, and they needed inventory.
“New-car dealers reported record sales through the end of the year, and they needed to replace their inventory. Used-car sales and new-car sales, both, were excellent through the end of the year,” Brasher said.
But this comes with a caveat. Brasher explained the one exception is the “low end” of used vehicles: five- to seven-year-old vehicles with 150,000 or more miles.
“These cars seemed to struggle a bit. But, its not quite tax season,” Brasher said, explaining sales for these units will most likely pick up as spring nears.
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“But besides that, the aged inventory, the rentals, the lease returns and repos, those were all very, very strong,” he concluded.
To view the Post-Sale Report, see below:
