Remember Joseph's interpretation of the Pharaoh's dream of seven fat cows and seven skinny cows? Well, for those of you far removed from Sunday School, let me remind you that he said the Pharaoh's dream foretold of seven fat years and seven lean years. Thanks to Joseph's economic prognostication, the Pharaoh was able to put aside enough grain to feed his people during the seven years of drought.
Our seven years started about 2008, possibly a bit earlier. If our long, tough slog out of the economic morass of the Great Recession is anything like biblical times, then we've got approximately three years left of slower growth. That means, come 2015, we should be approaching some semblance of economic normality.
Coincidentally, other people anticipate a similarly slow slog uphill out of the economic swamp lands. The Detroit Free Press has a good article in which they quote Lacey Plache, senior economist for Edmunds.com Plache's takeaway from all the economic news? In 2015, we'll see auto sales hit 16 million. That puts us halfway through the seven lean years.
Or as I like to call them, Seven Learning Years.
Low profile car hauler strap idlers for e-track
Coming soon to an Autohauler Supply warehouse near you!
If you can find a lower profile idler for horizontal e track, I'll eat it with steak sauce.
If you can find a lower profile idler for horizontal e track, I'll eat it with steak sauce.
Where to find cars to haul.
Don't go to the ports... at least not right now. Talking with friends on west and east coast, I hear reports of declining volumes of cars to haul. Toyota's last ship until God knows when came into the west coast and that is (supposedly) the last full ship they'll send until late July early August at the earliest. I spoke with a car hauler who used to pull new cars out of Baltimore... he is now pulling auction freight down in Virginia. Guess it's a good time to be a used car dealer... this trend at least corroborated today by Automotive News, which reports values jumping to record levels for used cars. Some dealers keeping trades to sell on their own lots, but I bet you can expect a lot of dealer trades as the summer selling season heats up. According to Kelley Blue Book, the average trade value for a Toyota Prius jumped $3775. Well, I guess finally the used car dealers are getting some good karma after the horrible luck they had with "Cash for Clunkers".
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