Eventually you will be right! Peter schiff was also right in 2008. Hasn’t been since.
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You’re right, even we are going to custom build our next lease instead of a white fart car with convenience package lol.
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While true, who cares? Get it while the gettings good! Just hedge the risk to your liking.
Recent stimulus checks were capped at $80,000, anything beyond that is 0 stimulus money.
The sales of those RRs has nothing to do with those $1400 checks.
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80k agi for single earners. Add a wife 2 kids …plenty of people with legal tax avoidance schemes collected.
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If they kept the old amount I would’ve gotten 5k no thanks to certain senator from WV, I would’ve used it for other things like college tuition.
I know plenty of people who are uber rich but their accountant is very savy that have gotten the check and I know they make more than $80k. What you show is different than what you have but I dont want to railroad this topic.
It might have an impact, it might not.
I think we can all agree that the inventory is low therefore this is a sellers market, not buyers.
Uber rich show no income and reinvest dividends. Ala Donald J. Most people don’t understand that when you’re worth 50+ mill there’s no reason to draw an income.
Congress is incompetent and making a 80k cut off across the country based on just agi shows how lazy or stupid they are. Liekly both.
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You just borrow against your assets and live on the debt proceeds. This is what the Zuck and others do.
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While I agree, I feel it’s cherry picking if you don’t mention the massive drawdown the weeks prior. The market is up 20% since Jan 1 2020. Still big return regardless.
Yeah, any of you who believe that the rich haven’t seen any of the virus money are living in denial. I guarantee some of these stimulus checks have funded these vehicle sales.
Monies not coming from these little checks.
It’s from PPP loans, grants, Main Street Priority Loans, EDIL loans , grants.
Most of this money is easily available to business owners and it’s free money or almost free
Directly or indirectly, some of the money is coming from the checks. (especially regarding some business owners)
Why do you think I haven’t posted a JLR lease deal in ages. They’re selling for near, at, or above sticker.
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These may be one and out for many. Leases returned in 3 years and not replaced. We may also see activity in the marketplace for takeovers.
I’ve noticed a ton of temp tags as well, but my plates arrived in 3 weeks.
so I think they like driving around with temp tags.
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Range Rovers are old news, what about the new G Wagons? 3 grand car payment and they’re flooded in LA
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You should see south Florida. With the covid liberation here it’s absurd. I’ve been coming here for 15 years and never seen more. And they’re mostly 63s
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The influx of Uber wealth is insane. NY and LA
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Perhaps the human psyche has changed in the age of covid. Maybe many folks just want to live their lives to fullest now. Been eying that Range for a few years? The time to pull the trigger is now since tomorrow is not guaranteed. Maybe.
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