"It's harder than ever to find good used cars to put on my lot," says Tracy Myers, owner of Frank Myers Auto Maxx.
"I'm willing to pay an insane amount of money for almost any vehicle. Even if you have to tow it to me, I want to take a look. If you have a pretty new car that you still owe a lot on…bring it to me…let me make you an offer to buy it."
Local residents have been flocking to Frank Myers Auto Maxx in Winston-Salem, NC for several weeks to find out what their car is worth. The average vehicle appraised has been 4 years old and worth $6,850 according to the fair market value. But Frank Myers Auto Maxx has been paying a whopping $737 MORE than other dealers for the SAME car!
Tracy explained, "This represents an excellent chance for people to get rid of a car, truck, SUV or van they are tired of driving. Because of the low used car availability right now, we have to buy used cars from the public to even stay in business. It's truly a trader's market."
Tracy predicts this inventory shortage will last for another month or two. So if you have an existing vehicle you're even thinking about trading in within the next 12 – 24 months, you owe it to yourself to let Frank Myers Auto Maxx make you an offer.
"Most people will get much more for their trade-in right now than any other time in the next 2 years. We're expecting a lot of pre-owned vehicles to become available over the next few months, and at that time, the trader's market will be over. It will be back to business as usual."
"If you have an old car you want to sell or trade-in, there has never been a better time. We're desperate," said Tracy."It doesn't matter what kind of vehicle you have you could have an import or a domestic, car, truck, SUV or van, running well or not – bring it in…we want to look at it and make you an offer!"
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