Originally Posted by
alex f
When is the quarterly dividend due ? , different years, different months. Any ideas?
The Cambridge Terrace, Wellington yard was due to open in August, the container office is in place, but the yard hasn’t been sealed and is deserted. The opening in August sign has been turned around, away from the road.
I’m expecting good things in the November announcement.
Cars are flying out the door at the Wellington branch. Every car they plan to sell by auction is withdrawn and sold with a buy now (presumably with finance as well)
A bit frustrating as I liked getting cars at a wholesale prices driving them for a year, then getting my money back.
I’ve been going to Turners for 30 years. Used to be public and fleet auctions.
Then the selling public went to Trademe.
Then it was full of their own imports, not that many fleet cars.
Finally, they have cornered a huge chunk of the used NZ vehicle fleet and offer finance and add ons.
Hardly any imports there.
I wonder what they charge the fleet sellers ? A Toyota Yaris with a $10,700 buy now, is also offered at $8500-9500 suggested auction selling price (there is a $460 fee on top of the auction sale price), which is over $1000 less than the buy now.
Or are Turners just buying the fleet vehicles, then selling them ? (not on behalf sale)
They send out an email with new listings on my watchlist. I click on the links and a third have already sold. (so never get to the auction)
The only downside I see, is if Turners lose any portion of their NZ new car supply.
Wgtn is overflowing with them, but many are being sold