Consumers are driving their cars longer than ever before. Whether its due to increased reliability or customers becoming more price-savvy, used cars are where it is at. This has caused sales to increase for not only used car dealers but also auto parts stores and repair centers.
This Spector™ was created to capitalize in this trend by investing in companies engaged in used automobile marketing, auctioning, repair, and services. As we drive our automobiles for longer periods of time, these companies are the main ones who should benefit.
Example Holdings: O’reilly Automotive (ORLY), Carmax (KMX), Cars.com (CARS)