Quote:
Originally Posted by l2ridehd
Interesting questions and what you think will happen. I own a Toyota, have owned a few in the past, and yes I would buy another. They are a huge corporation and they will fix these problems. I was at the highliner auto auction in Manheim PA yesterday and Toyota's and Lexus were selling for prices that were what I considered very high. I was trying to buy a Lexus ES350 and was out bid on 7 different cars at prices very close to retail. They sold over 500 Lexus and Toyota vehicles yesterday. 4000 cars total. The interesting thing was BMW's were selling way below wholesale market. I believe Toyota will survive this and come out stronger then ever.
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Have you been to the Manheim auction in Ocoee it is one of Manaheim's largest auctions as they are world wide. They have Lexus and Toyota factory sales as well. Last month on a Tuesday they also ran over 500 off lease Lexus and Toyota units and they were bringing top dollar as well. So were the Honda's they ran around 300 Honda's the same day I was there. The day I was there they ran over 5,000 units.
I worked for an Auto Auction in Indy for the last 12 years I worked and it gets in your blood. Manheim has two auctions in the Orlando area. For those of you who drive from The Villages to the Orlando International Airport and wondered about the large auto auction just before you get on 528 that is Manheim's smaller auction in Orlando and the Ocoee is the larger one. The Ocoee auction is located on the NE corner of I-429 and the Fl-Turnpike and can be seen from I-429. These are dealer only auctions not open to the public.