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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: sutton   😊 😞
Number: of 15058 
Subject: Re: Car Shipping Issues
Date: 06/18/2023 5:07 PM
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Jimkredux:

A question I've wanted to ask for years of a person with used-car business experience.

I have *never* seen a car I used to own show up on the streets. Once I hand over the keys, they vanish. This has been true in major metro areas as well as in rural counties.

I suspect it relates to my generally hanging onto cars until their wheels are about to fall off. The most recent example was selling my 1986 Ford Ranger in 1998, so as to buy a used (1995) 4Runner (which I still have).

I'm guessing these near-death $750 cars are bundled, wholesaled off and loaded onto a freighter to a far-off destination.

What do you think?

Thx

--sutton
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