George Arison

But in a world that we're headed to now with, you know, economy heading into a recession, my guess is that cohort is going to become more and more in demand, right?

Because people are going to have a harder time obtaining financing for more expensive cars.

And so suddenly cars that are cheaper and older and safer, or are still safe, are going to be more and more in demand.

Yes, if you have good credit and if you have a job.

But unfortunately, a lot of people are going to be left without work.

And my guess is that people are also going to try to avoid transportation and avoid ride sharing.

So my hunch is that demand for used cars over the next couple of quarters is going to jump because of everything that's going on.

So shift's been around since 2014.

We sold our first car in June of 2014.

Okay.

Um, so we will be about six years in sales since, you know, in a quarter or so.

Um, I don't actually remember our numbers every year, but overall we've grown roughly 30 to 50% every year we've been around.

Um, and if you could take our taker in terms of volume and we finished last year with, um, 11,500 cars.

No, no.

In just in 2019, we've serviced about 60,000 customers in the life of the company on both the sell side and the buy side.

Yeah, exactly.

We were hoping to do, you know, something like 16 to 17,000 cars this year.

Now we'll see what happens, right?

Like some things are going to be positive and some things are going to be really negative.

Really hard to tell, like literally I was in a meeting just now planning on like what happens if the state tells us, hey, business can't exist at all for a month, like shut everything down.