I have 2 one is a 2005 with 42k miles the other one with 219k. I can sell my 05 for ~$32k right now and have a buyer with hours. Could probably get $16k for the other one, and it's all dinged up and modified.
I paid $16k for my 05 and 11k for the 02. That's 10k net profit from 2 used cars. Obviously I'd be taking a loss on the AP1 considering I have over $12k in mods.
That is nice.
I'm thinking when 'money dies,' there will always be buyers, "we know the price of everything but the value of nothing."
Assets will still be assets, the rich will still be here, the world will plod along as always.
What I meant, is that those cars are assets, they're rare and out of production, and the market for them is exploding.
Oh right, you mean here and now. That's even more appealing to me.
Right, true assets. I see. That's what this guy I was talking about with 40 mil cash was trying to figure out, what assets to buy, was afraid of banks.
That's 10k net profit from 2 used cars.
Okay I get it now.
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