Duluth, GA

#1 Mar 10, 2013
What happened to KarSmart? Did the auction finally take back all of their high line vehicles that were on consignment? Whoops.. Did I say that out loud?

Lexington, KY

#2 Mar 12, 2013
Could not of said that any better!!! Could not of happen to better people.
Former employee

Washington, DC

#3 Mar 14, 2013
Their inventory is floor planed through the owners bank. Auctions are just middle man between buyer and seller, they don't loan money.

Duluth, GA

#4 Mar 14, 2013
Usually unless they are on consignment.. Which is highly illegal so it would benefit a former employee to think they are being floored #Keptinthedark

United States

#5 Mar 14, 2013
Why would a middleman consign a vehicle that don't belong to him? Haha knows nothing about business. I'm in home building. Like the car business I barrow from the banks and make interest only payments until the house sales.

Lexington, KY

#6 Mar 18, 2013
So, have they relocated or are they gone out of business? Seems like they had nice cars, just curious as to how they can be there one day, and gone the next, all without any signs or reasons.

United States

#7 Mar 23, 2013
It's simple. Lost their hook up at auction in Atlanta. No more consignment cars to sale. Such a sad story.

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