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To: SemiBull who wrote (642)10/5/2001 6:44:31 AM
From: robert b furman  Read Replies (2) | Respond to of 1138
 
Hi Semi,

Majority of rental fleets located at airports.So if travel is off - fleets get reduced.

This has hit prices hard.What seems surprising is that although the decision to trim fleets has been made it takes anywhere from 60-75 days for the vehicles to actually reach the auctions.

So the price drop appears to be a result of the 0.0 low interest rates on new vehicles and we'll see what the glut of cars coming in two months will do in December.

All in the day of used car peddler.gggg

Bob