We can pretty much agree that Toyota will survive, but which transportation companies will fail?
I agree KAE, that the rate is not hefty (should be taxed as ordinary income), but 20% of, oh let’s say $300,000,ooo, is a hefty $60,000,000
Nothing, except he’d have to pay hefty capital gains taxes (probably the 20% long-term rate) on the shares he’s selling...and wait...and wait.
Winner Winner, Chicken Dinner! 59%
There will be a vaccine available soon.
Not an attractive front end.
Rory, that thing might be Covid19-free, but who knows what other horribleness lurks inside.
NEUTRAL
+1 COTD
“I had to get some special stainless steel picture-frame cable to hold the muffler up...”
KBB, according to their website, uses prices from Wholesale Auctions, Independent Dealers, Franchised Dealers, Consumer Private Party Transactions and other sources for their pricing.
Approves of the color...
NEUTRAL: I pray that Lexus/Toyota stops making those Big Mouth Vehicles.
from Bloomberg: “Vehicle prices are likely going to come under significant pressure in the coming months as rental-car firms including Hertz Global Holdings Inc. and Avis Budget Group Inc. offload far more vehicles than usual to adjust to lower demand and raise capital...”
Neutral: Let’s buy a new car!
I’ve been viewing Craigslist ads for vehicles and there are some tremendous deals for late model vehicles in various price ranges. A number of nearly new Lexuses and Mercedes FSBO parked in front of upscale homes are available and while the prices aren’t super-low, there is an air of desperation around some of the…