The Auto LedgerInternal research · data as of 2026-06-27
TRAX · USED · AUCTION BUY SIGNAL
BUY
Fast Mover, Real Margin: Trax clears in ~23d at $85/day
Prior 90d Avg Sale
$20,942
→
Recent 90d Avg Sale
$18,903
▼ 9.7% vs prior 90d
12-month retail window · 271 lifetime retailed
Why
- Turns in ~23 days (12-mo median)
- $85/day capital efficiency
- $3,743 avg total gross
- 5 on lot now, 1 aged >60d
- Liquid: 25 retailed in last 12 mo
- Backend-driven: F&I is 50% of gross ($1,214 back vs $1,236 front)
- 34 sold at a front-gross LOSS but profitable on backend
- 85% finance penetration
Fast Mover, Real Margin: Trax clears in ~23d at $85/day
The Trax reads <b>BUY</b> for auction. Over the last 12 months it retailed 25 units at a median 23-day turn and $3,743 avg gross ($85/day). Backend carries 50% of the gross here — front-end alone understates it. 1 of 5 on the lot are aged past 60 days — watch exposure.
Gross / Day
$85
capital velocity
I. The Forward Look
Monthly median gross · 18 mo
II. Reading the Confidence Band
MEDIUM
HIGH
30+ comps, strong DOM coverage — trust the verdict.
MEDIUMYOU ARE HERE
12-30 comps — directional, watch the trend.
LOW
Thin data — treat as a weak prior, verify before bidding.
III. The Volume & Turn Picture
Monthly units vs days-on-lot
IV. Indicator Scorecard
12-month
Turn Speed
23d
BULLMedian days on lot, 12 mo
Capital Velocity
$85/d
BULLGross earned per day owned
Backend Mix
50%
BULLF&I share of gross · backend-driven
Finance Pen.
85%
BULLShare financed — drives backend
Trade Attach
31%
NEUBrought a trade-in (acquisition)
Momentum
-9.7%
BEARRecent vs prior avg sale
V. The Deal Ledger
Economics
| Metric | Value |
|---|
| Avg Front Gross | $1,236 |
| Avg Back (F&I) Gross | $1,214 |
| Avg Total Gross | $3,743 |
| Avg Retail Sale | $18,794 |
| Gross Margin | 19.9% |
| Front-loss deals rescued by F&I | 34 (12mo) |
VI. Recent Signals
Last 30-90 days
Supports Buying
+34 front-loss deals rescued by F&I (12 mo)
Caps the Upside
−5 on lot now, 1 aged >60 days
The Synthesis
The Trax reads <b>BUY</b> for auction. Over the last 12 months it retailed 25 units at a median 23-day turn and $3,743 avg gross ($85/day). Backend carries 50% of the gross here — front-end alone understates it. 1 of 5 on the lot are aged past 60 days — watch exposure.
The Auto LedgerGenerated from store retail history · 271 deals · 5 on lot · case study