No, you would have money in several hedge funds or PE/VC funds. Some of those hedge funds will be taking positions against the market, and some of those PE funds will be distressed asset funds.

Plan right now for our group (mostly MBAs and execs) is to go back when new cases are below a certain threshold. We’re not close to that number yet. Even when it’s time to go back, our offices are open floor plan with no assigned seats, so until there is an actual vaccine, we will be working in groups - an A group on…

This. I know a lot of people in large companies (including me) and very few are back in the office yet. Several are planning on having employees work from home for the foreseeable future.

Unfortunately not in that district. Georgia is overwhelmingly red outside of major cities.

Yes, if you choose a weird spec, it may decrease resale value, but again, we were/are talking about intangible personal value (and also, maybe my spec happens to be rare AND one that folks like).

A 997 turbo (assuming it’s manual) is closer to $70k+.

I think that was his point. From a strictly financial perspective, other than a handful of cars, there isn’t financial value in buying a new car.

TO be honest, a lot of the Bangle designs have aged quite well. I still hate the rear treatment of the 6 series from that time, but the reast of the car looks pretty good (side profile, front, etc).

I’ve certainly seen quite a few cars go way over market in the past 6 weeks on BaT because an auction has turned into a dick swinging competition. Ridiculous.

With the buyer’s premium, you could literally go out and buy both a new 2020 Civic Type R and a mid-mileage AP1/2 S2000.

This is why auctions are such a strange way to try to sell a car. You could sell 2 identical cars a month apart and one car might go for 1.3-1.5x more than the other. People sometimes get caught up in the heat of the moment and way overpay for things.

Why though? It’s not for added cooling capacity - the crash bar for the front bumper still bisects the grille(s). Why not have small kidneys up top and a wide opening beneath - you know, like every current M car?

Threatening to murder someone with an 8.5 ton vehicle is certainly not something police are allowed to do, so I don’t know what the point of your reply was.

Yes, we do indeed have rules and laws (and punishments) to deal with someone who blocks the road.

There actually weren’t that many used cars sold at auction. The whole market was in stasis for about 6-8 weeks. Manheim volumes were down like 80%. Most used dealers just kept their inventory listed at the same price from March 1st onwards.

My favorite Collecting Cars podcast by a long way, and I’m not a huge WRC fan (at least, before I heard this).

Oh, don’t get me wrong, I fully agree with you that it is the wrong way to go about things. If this pandemic doesn’t kickstart major systematic change, I don’t know what will.

Well, normally it is not a problem for rental car companies, as they might have vehicles for a 2 year balloon lease and acquire them very cheaply via fleet sales. The math is something like this on a single vehicle:

Still probably not. If you are a large company competing in a crowded space, any money you set aside is money that could have been used to buy new production facilities or equipment to help you compete more effectively.

Yes, and their assets are almost certainly overvalued, while the debt figure is accurate.