Inside Remarketing

David Ruggles
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  • Las Vegas
  • United States
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David Ruggles updated their profile
January 18
David Ruggles updated their profile photo
January 18
David Ruggles and Donald Nutter are now friends
January 13
David Ruggles commented on Alex Kwanten's blog post 'A Sad End for Saturn'
I was angry about Saturn from the beginning and thought it was a hoax. I watched GM support it while starving Oldsmobile and their other brands, all the while losing billions. I listened to idiots touting the "one price" selling strategy, while GM l…
October 2, 2009
David Ruggles commented on Marcie Belles's blog post 'An Expensive Experiment?'
Marcie, I don't know how original the GM ploy is. Lee Iacocca and Chrysler had a similar program. I have nightmares about the paperwork to this day. As a practical matter, very few vehicles were returned, even though some Chryslers of the day were…
September 23, 2009
David Ruggles commented on Marcie Belles's blog post 'Imports Snatch Lease Share from Domestics'
This could have been predicted when Chrysler and GM had to exit leasing and instead focused on longer term finance contracts. The fact that the imports have a volume short term leases they can cycle more quickly gives them a tremendous advantage in…
September 6, 2009
David Ruggles commented on Marcie Belles's blog post 'Pricing Falters at Classic Car Auction'
This whole collector car thing has been boom and bust for as long as I've been watching. I got heavily involved in it after Enzo Ferrari died and his cars went through the roof. The Ferrari boom drug along other collector cars, including American m…
August 28, 2009
David Ruggles commented on JJ Hornblass's video 'A Maserati Gets 'Clunked''
Dealers tell me the program would be a lot more effective if they could get paid the clunker incentives by the government. The program has put a terrible strain on dealers already short of working capital. However, as is usually the case, "We have…
August 18, 2009
David Ruggles joined JJ Hornblass's group
Cash for Clunkers
The Cash for Clunkers government initiative is arguably the remarketing industry's most important program for the post-credit-crisis era. This group explores the program and its ramifications.
August 18, 2009
David Ruggles commented on JJ Hornblass's blog post 'Despite Higher Trade-in Values, Negative Equity Remains a Lending Concern'
After additional research, I am surprised to find out that I have been wrong about my assumptions of current year pre-owned and 1 year old pre-owned values. It made sense to me that C4C would have put downward pressure on their values, but they have…
August 11, 2009
David Ruggles and Marcie Belles are now friends
August 11, 2009
David Ruggles commented on JJ Hornblass's blog post 'Despite Higher Trade-in Values, Negative Equity Remains a Lending Concern'
ts hard to figure out what is going on with pre-owned values short term. In the big picture we are experiencing a shortage. During C4C many late model vehicles have taken a dive. A proper disparity between the price of new and a year old pre-owned m…
August 9, 2009
David Ruggles is now a member of Inside Remarketing
Welcome Them!
August 6, 2009

Profile Information

Name
David Ruggles
Corporate Title
President
Company
A C T
Company Description
Consulting, Automotive
City, ST
Las Vegas NV

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