So we’re certainly extrapolating continued share gains. Obviously, in the second half, there’s a seasonality factor as well. But there are a number of other initiatives that we just continue to drive internally that we think will allow us to execute at the level that we’ve baked into our guidance. That’s probably all I would say at this point. I don’t know if there’s anything you want to add, George?
George Chamoun: No. Obviously, a favorable compare. So just saying the obvious. But we’re happy with the execution. And the end of the year just assumes we just keep executing the way we’ve met. .
Operator: Our next question comes from the line of Naved Khan with B. Riley.
Naved Khan: Yes hi. Thanks a lot. George, maybe I heard you correct, but I just wanted to clarify this. Did you say that half of the auctions are running for up to two hours, is that right? And what are you hearing from dealers on that format? It looks like it self-inconversion, but any kind of there would be helpful. And then anything you can share with respect to dealer count on the platform? Is it stable? Or is it growing? What are you seeing on that front?
George Chamoun: Yes. So yes, you heard correctly in the two hours. So we primarily offer the two [ph] our auction to our sellers with higher conversion rate so that if we are in a way, think of it as almost like offering them real estate, more time on the platform. We primarily give it today to our top-producing sellers and also some to our new sellers who are also showing some good signs. . Dealers — sellers typically love it. Some buyers love it. Some buyers don’t. There’s like anything, a little bit of — everyone’s got their own sort of favorite way to approach things. We keep making tweaks. As a matter of fact, I think we have some rollout happening not to get into the week, but even this week and next week. — on buyers be able to pick and choose when they get their notification and like they can get the notification down to — if they only want the notification within 20 minutes, they’ll have no change for them, things like that.
So high level, taking it back a step, look at it, you’re matching buyers and sellers. It is helping with conversion. It’s helping us outpace what’s happening in the industry. And then you’re never done. So whatever feature set we have out there right now, it just happens to do it’s live at this point. And the team is working a way to give more control to sellers and to buyers so that each one loves what we’re doing. — and we’ll just keep iterating.
Naved Khan: Got it. And then on the dealer count, any color or commentary .
George Chamoun: Yes, dealer account, we only really talk about that once a year. It’s not something we do quarterly. But generally, we’re doing — we’re a pretty consistent company. You’re seeing us quarter-over-quarter and what add our gains being pretty consistent. So I would say consistent.
Operator: Our next question comes from the line of Christopher Pierce with Needham.
Christopher Pierce: You guys touched on it. new car sales, if you break down new car sales, we’re seeing a lot of rental cars you kind of taking in allocations from OEMs. I’m just curious, you guys touched on rental car penetration at the Analyst Day. How does that kind of — and I’m certainly not an expert here, but when they’re taking in cars, and there needs to be some defleeting, I would assume. How do you guys view that opportunity? Is that kind of an opportunity that’s become more near-term than you might have thought because of the changes you’ve made and the allocation you’re getting from OEMs?
