Southern Auto Auction

Yesterday my boss and I went to SAA in Connecticut for the 4th time since I've been working at Morse Auto. Our mission? To buy a Chevy Suburban for a customer who owns a surveying company, and buy a Honda CR-V for a new customer wanting a car update.

Buy a Suburban? "Oh my goodness, I don't know if there will be any available!" my boss says. LOL. "More like holy cow which one do we choose?" he continues.


There's 20 Auction lanes that sell 5,000 cars in about 4 hours!
Dozens of trailer-trucks to bring 'em here and then away.
Administrative wing.
Entry and exit lanes.
2004 Black Suburban and 2004 Black CR-V we bought. The Suburban sold new for $41,000, the CR-V for around $25,000. Tomorrow we will be selling the Suburban for $10,500 with our profit built in. Talk about depreciation!

The CR-V, meanwhile, will go out the door for around $15,000. Even with gas prices in the $4 range, that kind of price disparity means you will have to drive the 25 MPG CR-V well over 60k miles before it repays the initial extra cost with fuel savings over the 18 MPG Suburban.