It’s a new week. You’re up-to-date on your favorite weekly TV show. Now it’s time to get back to business.

In the words of professional wrestler, Triple-H, “In life, you either adapt or you perish. That is evolution.” This quote doesn’t just relate to professional wrestling, but to the automotive industry as well. The recent rise in electric vehicles and artificial intelligence in cars has forced auto companies to adapt to modern times.

In 2018, a used Tesla Model 3 averaged about $40,000. Now, you can buy a brand new Tesla Model 3 for that same price. If you try to sell your used electric vehicle for the price you paid, you won’t get that amount. That’s why it’s important to know what to consider when pricing your electric vehicle.

If you get convicted of a crime, the court may require you to pay a fine as part of the punishment. If you fail to pay the fine, it can lead to you being sentenced to jail. This is similar to auto auction dealers failing to pay for their vehicle and being entered into KO Book (or “Auction Jail”, as our Dealer Registration Specialist, Marlene, calls it.)

Have you ever sprained your ankle or wrist? A sprain is when the tissue that connects bones together stretches or tears. However, if the bone cracks or breaks, then it is fractured. This is similar to kinks and bends in damaged cars.

Before you ask someone to be in a relationship, it’s best to get to know them first. You start by talking to them, learning about their interests, and finally deciding if that person is right for you. The same applies to inspecting a car before buying it.

On September 1st, 1991, Harry Potter began his wizard journey as a student at Hogwarts. The reason was to learn more about his magical abilities and Hogwarts was a community of other witches and wizards. This is similar to registered car dealers beginning their journey with Big Valley Auto Auction, joining a community of other registered dealers.

Have you ever had your bank account frozen or closed? This happens when you have an overdraft, fail to provide certain information, or account inactivity. Similar factors can cause dealers to be locked out of their Big Valley Auto Auction account.

In 2020, the Hyundai Sonata introduced a new Smart Park system. This feature can move the car into and out of tight parking spaces without a driver at the controls. This is just one example of AI technology being used in the automotive industry.

In the song “Five Feet High and Rising”, Johnny Cash sings about experiencing a flood in his town. He talks about the effects it had on the crops, farm animals, and train tracks. However, he doesn’t mention the effects done to automobiles.