As one of the posters pointed out in the comments section, rental car companies commonly sell their vehicles within a year or two of getting them, so putting 2021 vehicles up for sale is not a surprise. Link avail. upon request: "Car rental companies do not hold on to their fleet for more than 2 years and since the cars are bought in volume and pay less upfront when reselling it could be an affordable rate for the buyer."
And the price is actually kind of high in that the cars listed have 80k miles on them.
Also, I seem to recollect that the article said Hertz is cutting back on the number of EVs, not totally shifting back to Petrol Cars, so a bit of exaggeration there, esp. since the EVs comprised only 11% of their current fleet.
As one of the posters pointed out in the comments section, rental car companies commonly sell their vehicles within a year or two of getting them, so putting 2021 vehicles up for sale is not a surprise. Link avail. upon request: "Car rental companies do not hold on to their fleet for more than 2 years and since the cars are bought in volume and pay less upfront when reselling it could be an affordable rate for the buyer."
And the price is actually kind of high in that the cars listed have 80k miles on them.
Also, I seem to recollect that the article said Hertz is cutting back on the number of EVs, not totally shifting back to Petrol Cars, so a bit of exaggeration there, esp. since the EVs comprised only 11% of their current fleet.
more to the point, conservatives (and old people like me) are always against new tech and see it foolish. they all mocked renewable energy as absurd and not practical and doomed...and now look at it, taking over the world and growing much more quickly than expected. Same with EVs. We're in the prototype stage with EVs. The next generation will be much better and more desirable. I hear Mercedes has an amazing new battery out in early 2025.
There were lots of 'housing in in trouble' threads this year. None of it came true as home prices stayed solid and hit new highs.
The homebuilder ETF was up an amazing 60% in 2023.
here's a good example from January 2023
Jeff Weniger @JeffWeniger · Jan 12, 2023 Housing is in trouble.
Monthly mortgage payments have shot to the moon as interest rates more than doubled.
Home price-to-income ratios like this MIGHT have made some sense when people could lock in a 2.75% mortgage. But those days are gone. Now it's 6.33%.
4/8 I’m going to keep showing this until everyone fully understands the situation. The move-up buyer can't move up. The whole system was built on a 3% mortgage. People have to double their payment to get one more bathroom.
/8 2022 saw a big rise in new home inventory. Existing homes are next.
6/8 Homebuilder sentiment is awful.
7/8 Also, the houses and apartments that builders started during Covid are eventually going to be unloaded onto the public.
8/8 With affordability lower than it was at the peak of the last housing bubble. END
Oh Doug. You took a victory lap before winning the race. The market did take a dive after you posted this, but finished the year 7% higher.
Kass could have changed his view at the October lows, to be fair...he does that.
Seabreeze Partners @SeabreezeLP The market continues to move toward our prediction that we have seen a top in equities for 2023. Read Doug’s full commentary on the Market View tab of https://seabreezepartnerslp.com @DougKass 1:42 PM · Sep 7, 2023 · 6,128 Views
As one of the posters pointed out in the comments section, rental car companies commonly sell their vehicles within a year or two of getting them, so putting 2021 vehicles up for sale is not a surprise. Link avail. upon request: "Car rental companies do not hold on to their fleet for more than 2 years and since the cars are bought in volume and pay less upfront when reselling it could be an affordable rate for the buyer."
And the price is actually kind of high in that the cars listed have 80k miles on them.
Also, I seem to recollect that the article said Hertz is cutting back on the number of EVs, not totally shifting back to Petrol Cars, so a bit of exaggeration there, esp. since the EVs comprised only 11% of their current fleet.
more to the point, conservatives (and old people like me) are always against new tech and see it foolish. they all mocked renewable energy as absurd and not practical and doomed...and now look at it, taking over the world and growing much more quickly than expected. Same with EVs. We're in the prototype stage with EVs. The next generation will be much better and more desirable. I hear Mercedes has an amazing new battery out in early 2025.
I am not sure we are in the prototype stage with EVs. Tesla has been around since 2004 and the first car was produced in 2008. Even way back then the range was around 245 miles. It doesn't seem we have improved the range very much in 16 years.
more to the point, conservatives (and old people like me) are always against new tech and see it foolish. they all mocked renewable energy as absurd and not practical and doomed...and now look at it, taking over the world and growing much more quickly than expected. Same with EVs. We're in the prototype stage with EVs. The next generation will be much better and more desirable. I hear Mercedes has an amazing new battery out in early 2025.
I am not sure we are in the prototype stage with EVs. Tesla has been around since 2004 and the first car was produced in 2008. Even way back then the range was around 245 miles. It doesn't seem we have improved the range very much in 16 years.
ranges are going to go way up in 2025 and 2026...it will feel like 2023 cars and their 300 mile range are prototypes, is what I'm saying.
As one of the posters pointed out in the comments section, rental car companies commonly sell their vehicles within a year or two of getting them, so putting 2021 vehicles up for sale is not a surprise. Link avail. upon request: "Car rental companies do not hold on to their fleet for more than 2 years and since the cars are bought in volume and pay less upfront when reselling it could be an affordable rate for the buyer."
And the price is actually kind of high in that the cars listed have 80k miles on them.
Also, I seem to recollect that the article said Hertz is cutting back on the number of EVs, not totally shifting back to Petrol Cars, so a bit of exaggeration there, esp. since the EVs comprised only 11% of their current fleet.
Petrol cars? Anyway, Hertz cut the fleet on lack of demand and repair costs.
As one of the posters pointed out in the comments section, rental car companies commonly sell their vehicles within a year or two of getting them, so putting 2021 vehicles up for sale is not a surprise. Link avail. upon request: "Car rental companies do not hold on to their fleet for more than 2 years and since the cars are bought in volume and pay less upfront when reselling it could be an affordable rate for the buyer."
And the price is actually kind of high in that the cars listed have 80k miles on them.
Also, I seem to recollect that the article said Hertz is cutting back on the number of EVs, not totally shifting back to Petrol Cars, so a bit of exaggeration there, esp. since the EVs comprised only 11% of their current fleet.
more to the point, conservatives (and old people like me) are always against new tech and see it foolish. they all mocked renewable energy as absurd and not practical and doomed...and now look at it, taking over the world and growing much more quickly than expected. Same with EVs. We're in the prototype stage with EVs. The next generation will be much better and more desirable. I hear Mercedes has an amazing new battery out in early 2025.
“Taking over the world”: Central Planning Committee 5 Year Plan, instead of counting bushels of wheat and tractors, it is windmills and EVs.Pushed for money and brainwashed lunatic Commie ideas.
As one of the posters pointed out in the comments section, rental car companies commonly sell their vehicles within a year or two of getting them, so putting 2021 vehicles up for sale is not a surprise. Link avail. upon request: "Car rental companies do not hold on to their fleet for more than 2 years and since the cars are bought in volume and pay less upfront when reselling it could be an affordable rate for the buyer."
And the price is actually kind of high in that the cars listed have 80k miles on them.
Also, I seem to recollect that the article said Hertz is cutting back on the number of EVs, not totally shifting back to Petrol Cars, so a bit of exaggeration there, esp. since the EVs comprised only 11% of their current fleet.
more to the point, conservatives (and old people like me) are always against new tech and see it foolish. they all mocked renewable energy as absurd and not practical and doomed...and now look at it, taking over the world and growing much more quickly than expected. Same with EVs. We're in the prototype stage with EVs. The next generation will be much better and more desirable. I hear Mercedes has an amazing new battery out in early 2025.
more to the point, conservatives (and old people like me) are always against new tech and see it foolish. they all mocked renewable energy as absurd and not practical and doomed...and now look at it, taking over the world and growing much more quickly than expected. Same with EVs. We're in the prototype stage with EVs. The next generation will be much better and more desirable. I hear Mercedes has an amazing new battery out in early 2025.
“Taking over the world”: Central Planning Committee 5 Year Plan, instead of counting bushels of wheat and tractors, it is windmills and EVs.Pushed for money and brainwashed lunatic Commie ideas.
I never quite know when you are being serious or just playfully roguish.
“Taking over the world”: Central Planning Committee 5 Year Plan, instead of counting bushels of wheat and tractors, it is windmills and EVs.Pushed for money and brainwashed lunatic Commie ideas.
I never quite know when you are being serious or just playfully roguish.
I was at the YMCA yesterday, we had some pretty heavy snows lately. One friend was telling me how his electric snow blower did three houses before it ran out of charge. He has several tools that are electric battery including a lawnmower he admits does not cut very well. I remarked how my 25 year old gas powered Craftsman still works fine.
I was at the YMCA yesterday, we had some pretty heavy snows lately. One friend was telling me how his electric snow blower did three houses before it ran out of charge. He has several tools that are electric battery including a lawnmower he admits does not cut very well. I remarked how my 25 year old gas powered Craftsman still works fine.
gas powered snow and leaf blowers are pound for pound among the most polluting things on the planet. Really not good for the planet we will leave our kids.
"According to the United States Environmental Protection Agency, an average two-stroke snowblower emits about one pound of carbon monoxide per hour—the same amount a car emits while driving 70 miles."
I was at the YMCA yesterday, we had some pretty heavy snows lately. One friend was telling me how his electric snow blower did three houses before it ran out of charge. He has several tools that are electric battery including a lawnmower he admits does not cut very well. I remarked how my 25 year old gas powered Craftsman still works fine.
gas powered snow and leaf blowers are pound for pound among the most polluting things on the planet. Really not good for the planet we will leave our kids.
"According to the United States Environmental Protection Agency, an average two-stroke snowblower emits about one pound of carbon monoxide per hour—the same amount a car emits while driving 70 miles."
How about air travel for exotic vacations or ambassadors of Green Energy?
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