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Sheldon Wolff
- Plaistow, NH
- United States
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Sheldon Wolff's Groups
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National BHPH Dealer Ass…
48 members
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Auto Finance Companies
248 members
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Used Vehicle Group
293 members
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BHPH Solutions
110 members
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Ren’T’Own® Leas…
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Sheldon Wolff's Discussions
Sheldon Wolff's Page
Latest Activity
Lets be serious here, once the vehicle has been paid & delivered to a consumer they have the right to have it repaired by anyone they choose. Propriety information on thier 10,20,30 40, 50 thousand dollar + investment is up to them where & how they…
Lets be serious here, Carfax is just out for themselves, First they hit on the dealers to say, HEY Check This Out, run our report to show YOUR customer how great Your inventory is so YOU can get MORE MONEY. All abord the money train,,,, CHOO CHOO, t…
This administration is just out to bound their chests with out understanding the ramifications of their actions. The general public were "paranahrized " with the housing mortgage industry, hence the massive foreclosures. Now any one who offers any t…
Hi Ted,
Thanks for your input also, Where are you located? I also think that the clunker deal phased out alot of value priced vehicles which simple economics will tell you made prices rise dramatically. I do agree the guides need to be more accurate…
Spot on Sheldon....
If you look in the archives of this site you will find that we had the same discussion about this very thing 1 year ago.
NADA continues to neglect what's going on in the market, atleast as it's published in the monthly guide th…
Hi Sean,
I appreciate your continued input on this disscusion. However if you put on the shoes of the retail & wholesale auto industry and seeing the prices being paid when the hammer hits verses the values in yours and other guides, I think you can…
Gentlemen,
My initial response was to correctly state the perceived price/value variance for a particular vehicle. When the guide was used fully, I got the value within $200 of an extremely oddball vehicle. When you use the NADA Used Car Guide and…
If the books were accurate everything we bought would be "in the money." If you charge for a service it should be accurate. Too many factors depend on the figures to be accurate. Cars only bring stupid money because the guides are stupid........
I like MMR, and use it in the office.
I use Black Book in the lanes.
Nice low mileage units are bringing between clean and xtra clean.
Some models (like Tahoes) are bring GOOFY money - if they're really nice and low miles.
Nice older units are bri…
********* We seem to be beating up NADA, perhaps a bit warrented, however I think in all fairness we should get Kelly's Blue Book involved as they are the one that banks use at least around here. Edmunds is another that "low balls" current market co…
Sean,
Thanks for the response. My final question would be that if you really mean "the guides attempt to depict the long-term value of the vehicles, and will not knee-jerk react to prices in one market" then why even attempt to publish a guide that…
Sean,
thanks for your continued input on my query, however the E250 was not the only out of line price paid. It was just so egregious that it stuck out like a sore thumb. That sale which was in lane 11 &12 as well as the all of the others that I was…
NADA uses all of the data in one form or another (mileage calculation, condition, etc.), but like Manheim we do remove individual sales that do not make sense because they are outliers either because of price and or mileage. There is a statistical a…
Mr. Heater,
I appreciate your comments. NADA attempts to show the value of the vehicle which is based on data, where auction is only one component. The NADA Used Car and Older Car Guides are not auction reports. The guides attempt to depict the lon…
Interesting comment....Can you answer this; why has the NADA guide "dropped" the first 3 months of the year?
In the 18 years I have been in the car business the market "bumps" after the 1st of the year and has done so every year. Yet with all of yo…
Prices do seem to going up. Supply and demand has everything to do with prices going up. People have sold through there inventory and everyone still needs cars. Did you notice if there were more people attending the auction. When you start going out…
Profile Information
- Company
- Blossom Rental & Leasing Inc.
- Position
- CEO
- Dealership, Allied Industry or Finance Company?
- Dealership
- Your web site
- http://www.blossomrental.com
- Favorite Quote
- Truth Fairness and Value is always appropriate
- Birthday
- January 15
Sheldon Wolff's Blog
Happy Birthday Harlene!
A very special Birthday wish to you, If I was closer to you I would bring you a cake along with these warm wishes.
Sheldon Wolff
Sheldon Wolff
Posted on November 10, 2009 at 10:41am —
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