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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (245314)4/23/2010 12:44:38 AM
From: The ReaperRespond to of 306849
 
The caption to this graph was "a picture is worth 1000 words".

3.bp.blogspot.com



To: Perspective who wrote (245314)4/23/2010 12:50:34 AM
From: The ReaperRespond to of 306849
 
There could be two reasons...

First, they're running half the fleet that they did last year and/or got better pricing on the cars they sold last year.

Second, they're keeping their cars in service longer than usual and most of the depreciation is used up in the first year.

Actually, there could be a third reason. They're lying.