Hello, welcome to Carcast. I'm Matt, the moderator, DeAndrea. We welcome this week, Howard Swig, to the podcast. Howard, you're from Bring a Trailer. What's your title there? Are you head of auctions?

Yes, Matt. Thanks for having me. Yes, sir. Head of auctions at Bring a Trailer.

That's, uh, it sounds like it could be a very busy and exciting job. You guys must do,

I don't know, 600 auctions a week. Is it something like that now? Yeah, it's crazy, man. I think

we were doing 600 600 maybe three or four

years ago uh as we're talking right now we have over 1,100 auctions live oh wow i didn't know we

were doing that much that each week do you do you think it's it's is it kind of capped out

at that like how many think you think you can do each week before it gets a little confusing for

consumers to keep track?

Oh man, it's so funny you asked that.

You know, we went way back when we hit a hundred auctions a week.

People ask that same thing.

What's the what's the ceiling?

Then we're at 500.

You know, where's where's the top of this?

Then a thousand? So the answer to your question is

it's higher than where we are now. I don't know if it's, if it's 2000 or 5,000 or 10,000,

but the car market, whatever we want to define that as, is enormous and we are only

scratching the surface of everything that's transacting out there

every hour of every day of every week.

So 1100 is enough to think about, especially given where we've come from.

But yeah, man, my guess is as good as yours in terms of what the cap is.

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