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$35.05 car group limited

How big is the Facebook marketplace threat to Aussie revenue?, page-7

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Chris60

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22/03/24

08:35

Post #: 73006055
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Originally posted by Pabloprado: ↑

Facebook marketplace is definitely going to have an impact on car sales platforms. Carsales is running on bluff and BS. They’re totally over charging both private sellers and dealers. The same exact buyers that look on Carsales also look at Facebook marketplace, in fact it is becoming known that a private seller on marketplace is the one looking for a more realistic price as opposed to a private seller that’s taken the time effort and investment in placing the ad on Carsales. When this trend keeps occurring eventually all Private sellers won’t bother with over spending on an internet ad on Carsales. When all the private sellers abandon Carsales. The dealers will notice the down turn and the change in trend. They will also start to look to save costs and optimise their advertising. Facebook and the Meta verse has far greater capabilities for dealers looking to target potential buyers. I personally see Carsales as having seen its peak.

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l thought this was a major concern in 2015/16 and has all come to nothing after near a decade?

CAR Price at posting: $35.73 Sentiment: None Disclosure: Held
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(20min delay)
Last $35.05		Change 0.150(0.43%)		Mkt cap ! $13.21B

Open	High	Low	Value	Volume
$35.02	$35.45	$34.95	$14.28M	406.9K

Buyers (Bids)

No.	Vol.	Price($)
1	2338	$35.04

Sellers (Offers)

Price($)	Vol.	No.
$35.06	1508	2

View Market Depth

No.	Vol.	Price($)
1	2338	35.040
1	2165	35.030
2	2489	34.930
3	7153	34.900
1	1160	34.880

Price($)	Vol.	No.
35.100	1842	2
35.120	647	1
35.130	1882	2
35.160	1842	1
35.180	1842	1

Last trade - 16.10pm 13/05/2024 (20 minute delay)


Last $35.04			Change 0.150 ( 0.11 %)
Open	High		Low	Volume
$34.96	$35.44		$34.96	36152
Last updated 15.59pm 13/05/2024 ?

CAR (ASX) Chart

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