A read-only operating view for shareholders. What's proven, what's still a hypothesis, and what evidence would change the answer — across each sourcing lane.
Repeatable flow. Landed cost and margin bands proven across multiple units.
Flow is live; margin depends on auction sourcing discipline and rental-hold days.
One validated case (Sorento): $21,614 landed → $12,836 margin (37.3%) on $34,450 DR retail est.
No supplier quotes yet. Category not sized.
Engines and transmissions clearing at 0% duty; repeatable across multiple shipments with documented landed cost.
Landed cost $21,614 → gross margin $12,836 (37.3%) against $34,450 DR retail estimate. Single validated unit.
Auction acquisition + freight + prep costs modeled from real invoices on units already moved.
45% blended figure is derived, not repeatedly confirmed across carriers, brokers, and vehicle classes.
No supplier quotes secured. Category size, MOQs, and duty treatment (non-engine/trans) still open.
Model assumes 45-day rental utilization on inventory-in-transit. Not yet measured against actuals.
Retail price estimates are pre-sale; realized sale price and time-to-sale not yet tracked as a series.