Sunday, May 24, 2020

Are You In The Market For A Used Car...

...because if so you may want to wait a little while before buying one. Car rental giant Hertz may begin selling as many as 30,000 cars per month (that is about one thousand per day) through year's end and that may spell good deals for used car buyers. That is because Hertz Global Holdings Inc., in business for over 100 years, has filed for chapter 11 bankruptcy due to lack of rentals during the COVID-19 shutdowns. It currently employs over 38,000 people worldwide, who I am guessing will lose their jobs if Hertz does not receive some kind of relief and the bankruptcy goes through. More at the source.

And these liberal hardliners just want to keep our economy closed until what - maybe until many more companies go belly up and our economy totally crashes. Then what - blame it on President Trump - that would be my bet as to where they will shift the blame.

All the best,
Glenn B

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