Now I really want a MK3 Supra again...

Yep, by a huge amount and in 10 days!

Wow, $5 to $10k? In this story they generated over $600k in 10 days, I think they would be OK getting there $10k back plus 10% of the fines for a total ROI of 600% in 10 days, they don’t need $400k for nothing. I honestly don’t know why the cities don’t buy them and cut out the company.

Yes, around the cam location, but they don’t do anything to change people behaviors.

Around me, speed cams serve as speed checkpoints. People know where they are, slow down then speed back up. And the road is never changed to promote slower driving. 

The way it is supposed to work and what I understand as the law is that if you are in the intersection under a green or yellow light, you have the right of way to clear the intersection, even after the light turns red. But I went into the intersection when the light was red, so I got a ticket.

Yea, pretty much.

That sure is the truth.

I guess it isn’t terrible. Depending on when in 2020 it was bought, also not a great time for used car prices.

Well with 28% APR, that part makes sense. Your first 2 years is like 95% interest.

I can remember three, I may have gotten one or two more, but not that I remember off the top of my head. One was not fully stopping before taking a right on red. One was taking a red on red where it wasn’t “allowed”, aka a “no right on red” sign. And the last one, I entered the intersection after the light had gone…

An 8 year old Mazda for $11k PLUS 27.9APR on a 68 month loan? HOLY SHIT...

I get that, but what do these speed cams accomplish other than generating revenue for the company and some for the city? What is the benefit outside of making money?

I will be honest; I am not going to go look at projections for them. But the rest of their financials don’t tell a great story to me. SG&A and R&D expenses have stayed flat to up moderately while other expenses have grown faster than revenue, which is growing very slowly. Their gross profit has gotten marginally…

I am not against traffic infraction enforcement, but I feel like it should be done with a real end product in mind. In this case, they have identified a problem, speeding in school zones. Then deployed a “solution”, speed cams. But even with the uptick in revenue generation due to the cams, they should have some sort…

Yea, it is a really shitty “solution” to a problem. I am all for enforcement on crap drivers. But the purpose of enforcement should be to correct the poor driving, not just generate money from it, especially in a school zone.

It’s fine, it’s all fine...

Man, China never fails to disappoint on the, “we’ll take that” designing.

I had an ‘86 190e as my first car in ‘05-’05, although it wasn’t “fun” in the real sense, it was a fun car overall. My second car was a ‘92 Miata that I bought in 2013, so that was my first true “fun” car.

I see a decent amount of Air sedans around me, but they just can’t seem to figure out how to sell cars and make money. The lost $3bn last year and are on pace for another $3bn loss this year. You can’t make that up in volume.