Subject: Re: OT: Car Max (KMX)
Full disclosure-- I own KMX. In Orange and LA counties I'm seeing all sorts of signage promising to buy your car from all kinds of dealers. It is competition that they didn't have years ago, right?
Also been looking for a truck for a hand-man of mine. Seems like a new lower priced truck is maybe 10% less than what they are trying to sell a used truck for. As Warren said at the AM, the supply changed faster than most companies realized.