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Stocks end 1Q with solid gains after day of listless trading
Auto dealership companies were among the decliners Friday. AutoNation fell $1.20, or 2.8 percent, to $42.29. CarMax slid 84 cents, or 1.4 percent, to $59.22. Traders cheered several corporate deals. TRC vaulted 46 percent after
Ron Lieber (NY Times, Used Cars)
Ron Lieber (NY Times, Used Cars) by The Financial Exchange
necessarily because if you're buying from off an oddity dealership porcupine from CarMax one of their Chinese car lots if you are buying on the line. There are no requirements they're in the federal law that's there is. Which you have to take typically aren't sick of the recall before you developed and so. You can go to CarMax they may not have fixed the air bank or any other. Recall. On that caught out bodies car although they demons and that they will disclose it to ease that you have to go and you know with your head's screwed demonstrate your eyes wide open. You of people Olympic trials that very the big. Ron why wouldn't the CarMax take it and get it repaired it doesn't cost CarMax anything great GM's pain for the the recall Ford's pain for the recall a white isn't. CarMax just take their 500 cars and say hey. We want these recalls the. I had an excellent question I had in the same thing you would think would be easier for CarMax to do that it would for a bunch of individuals. The agency that the car companies are soft they're cars that the back of the line and leave them there because CarMax the used car business to compete with that award. Dealerships used car business that they think it's. Numbers are in the best position to get our weekly optics which of course is not that straight consumers don't know anything about that process. At the last moment that I while we call out these auto makers they're putting that the back of the line to kind of felt like tax useful conspiracy theory for you and they would not. Tell me in the auto makers were so you know you decide how much you wanna trust CarMax . So if I go in to buy a used car whether it's from CarMax . Wore my local. Auto dealership. Do they dull witted that psychotic airbag was replaced or nine days that do they have that
Audio & Video
Full Show 1-30-17
Full Show 1-30-17 by The Financial Exchange
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