|
Off Topic Off Topic - General non-Corvette related discussion. |
|
Share | Thread Tools | Search this Thread |
05-18-2020, 4:13pm | #1 | ||||||
Barn Raising II,III
NCM Supporter '13 Bantayan Kids '17
Join Date: Oct 2009
Location: I could never live there.
Posts: 339,934
Thanks: 200,281
Thanked 30,508 Times in 14,293 Posts
Gameroom Barn Bucks: $108033784
|
Pssssst.... Wanna buy a Z06 for cheap????
|
||||||
The Following 7 Users Say Thank You to snide For This Useful Post: |
05-18-2020, 4:19pm | #2 | ||||||
A Real Barner
Join Date: Mar 2019
Location: Montgomery, AL
Posts: 12,705
Thanks: 5,262
Thanked 14,809 Times in 5,878 Posts
Gameroom Barn Bucks: $1014987
|
Buying a used Vette from Hertz is about like marrying a hooker. All wore out and used up.
|
||||||
The Following 9 Users Say Thank You to Old Ben For This Useful Post: |
05-18-2020, 4:22pm | #3 | ||||||
10cm member
Barn Stall Owner #90125 NCM Supporter '19,'20
Join Date: Jan 2011
Location: Houston, Tejas, Estados Unidos
Posts: 81,944
Thanks: 37,171
Thanked 41,451 Times in 17,245 Posts
Gameroom Barn Bucks: $2621492
|
Key Features:
~ clear titles ~ regular maintenance ~ rode hard ~ put away wet |
||||||
05-18-2020, 4:24pm | #4 | ||||||
Latin American Goat Roper
Barn Stall Owner #101 Bantayan Kids '13
Join Date: Nov 2009
Location: Orange Park Florida
Posts: 60,727
Thanks: 32,906
Thanked 11,566 Times in 5,704 Posts
Gameroom Barn Bucks: $1138393
|
HERTZ going BK??? bullshit......gotta be kidding me....
I know that there are many '18 NEW cars on the lots for sale... but for Hertz to be BK?? jeez...... |
||||||
05-18-2020, 4:25pm | #5 | ||||||
Administrator
Barn Stall Owner #14 Barn Raising II,III Chef NCM Supporter '11,'12,'13,'14,'15,'16,'17,'20 Bantayan Kids '13,'14,'15,'17 Ukranian Famers are the modern day Chuck Norris
Join Date: Oct 2009
Location: between here and there
Posts: 25,056
Thanks: 9,362
Thanked 14,321 Times in 5,475 Posts
Gameroom Barn Bucks: $17601606
|
ugly color
|
||||||
05-18-2020, 4:28pm | #6 | ||||||
A Real Barner
Join Date: Mar 2019
Location: Montgomery, AL
Posts: 12,705
Thanks: 5,262
Thanked 14,809 Times in 5,878 Posts
Gameroom Barn Bucks: $1014987
|
|
||||||
The Following 2 Users Say Thank You to Old Ben For This Useful Post: |
05-18-2020, 4:31pm | #7 | ||||||
A Real Barner
Join Date: Apr 2019
Location: North Carolina
Posts: 17,302
Thanks: 4,937
Thanked 23,946 Times in 9,942 Posts
Gameroom Barn Bucks: $315482
|
I knew someone who bought a rental.. She was dumb as dirt and that POS she bought was a complete turd.
|
||||||
05-18-2020, 4:32pm | #8 | ||||||
Barn Stall Owner #113
Bantayan Kids '14
Join Date: Apr 2010
Location: Here to make friends
Posts: 85,197
Thanks: 73,475
Thanked 17,025 Times in 6,946 Posts
Gameroom Barn Bucks: $306898
|
Yellow. Just say no.
|
||||||
The Following 6 Users Say Thank You to The_Dude For This Useful Post: |
05-18-2020, 4:33pm | #9 | |||||||
Barn Stall Owner #74
Barn Raising II Bantayan Kids '13,'17
Join Date: Jan 2011
Location: On an island somewhere
Posts: 23,659
Thanks: 3,829
Thanked 14,835 Times in 6,553 Posts
Gameroom Barn Bucks: $10393746
|
Quote:
https://finance.yahoo.com/news/car-r...163339521.html (Reuters) - Struggling car rental company Hertz Global Holdings Inc said on Tuesday its lenders have extended the deadline for certain loan repayments, giving it more time to come up with a financing plan to avoid a possible bankruptcy. The deadline has now been extended until May 22, the company said in a filing. The earlier deadline was May 4 and it has been in talks with the lenders after skipping a payment that was due April 27. Hertz said it will talk to stakeholders to draw up a strategy that would account for the economic impact of COVID-19 pandemic and its cash needs. The Estero, Florida-based company, whose largest shareholder is billionaire investor Carl Icahn with 38.9% stake as of March 11, is reeling from the impact of the health crisis on global travel. Last month, it decided to lay off 10,000 employees across its North America operations from a workforce that totaled 38,000 at 2019 end and enlisted restructuring experts to address a cash crunch that made its $17 billion debt potentially unsustainable. [nL4N2C84L9] [nL2N2C32V3] Hertz's preparations for a possible bankruptcy have been accelerating, Reuters reported last week. [nL1N2CH1X9] Even before the pandemic, Hertz and its peers were under financial pressure as travelers shifted to ride-hailing services such as Uber Technologies Inc. "In light of the impact of the COVID-19 global pandemic on the travel industry, Hertz believes it will not need to acquire new vehicles for its fleet through the remainder of 2020," Hertz said in the filing https://bit.ly/35z3q49. "While Hertz has taken aggressive action to eliminate costs, it faces significant ongoing operating expenses." Shares of Hertz, which fell as much as 22% earlier in the day after a report said the company was preparing for a bankruptcy filing, pared some losses and were down about 14.2% in afternoon trading. |
|||||||
The Following 4 Users Say Thank You to 99 pewtercoupe For This Useful Post: |
05-18-2020, 4:41pm | #10 | ||||||
Barn Raising II,III
NCM Supporter '13 Bantayan Kids '17
Join Date: Oct 2009
Location: I could never live there.
Posts: 339,934
Thanks: 200,281
Thanked 30,508 Times in 14,293 Posts
Gameroom Barn Bucks: $108033784
|
|
||||||
The Following User Says Thank You to snide For This Useful Post: |
05-18-2020, 4:42pm | #11 | ||||||
Barn Stall Owner #1120
NCM Supporter '20,'21
Join Date: Jan 2016
Location: La Isla de Ira
Posts: 17,538
Thanks: 3,845
Thanked 18,579 Times in 8,211 Posts
Gameroom Barn Bucks: $1030760
|
|
||||||
05-18-2020, 4:46pm | #12 | ||||||
Barn Raising II,III
NCM Supporter '13 Bantayan Kids '17
Join Date: Oct 2009
Location: I could never live there.
Posts: 339,934
Thanks: 200,281
Thanked 30,508 Times in 14,293 Posts
Gameroom Barn Bucks: $108033784
|
Hertz needs to shed massive amounts of debt. Almost all of their fleet is leased. Over 560,000 vehicles in the US equates to over 13B in debt.
|
||||||
05-18-2020, 4:46pm | #13 | ||||||
Barn Stall Owner #74
Barn Raising II Bantayan Kids '13,'17
Join Date: Jan 2011
Location: On an island somewhere
Posts: 23,659
Thanks: 3,829
Thanked 14,835 Times in 6,553 Posts
Gameroom Barn Bucks: $10393746
|
|
||||||
05-18-2020, 4:52pm | #14 | |||||||
10cm member
Barn Stall Owner #90125 NCM Supporter '19,'20
Join Date: Jan 2011
Location: Houston, Tejas, Estados Unidos
Posts: 81,944
Thanks: 37,171
Thanked 41,451 Times in 17,245 Posts
Gameroom Barn Bucks: $2621492
|
Quote:
Of course, people renting shitbox Corollas probably aren't putting the hammer down like they would with the Z06's, so there's that. |
|||||||
05-18-2020, 4:58pm | #15 | ||||||
Barn Stall Owner #74
Barn Raising II Bantayan Kids '13,'17
Join Date: Jan 2011
Location: On an island somewhere
Posts: 23,659
Thanks: 3,829
Thanked 14,835 Times in 6,553 Posts
Gameroom Barn Bucks: $10393746
|
We bought a LeBaron convertible from Enterprise for my wife. She drove it for several years and we ended up on trading it in for the 99 Vette. The sales guy told us he was gonna buy the LeBaron from the dealership since it was a perfect car for his daughter.
|
||||||
The Following 3 Users Say Thank You to 99 pewtercoupe For This Useful Post: |
05-18-2020, 5:03pm | #16 | ||||||
Sparkles Flambeaux
Barn Stall Owner #4 Barn Raising I,II NCM Supporter '13,'14,'15,'16,'17,'21 Bantayan Kids '13,'14,'15,'17
Join Date: Jan 2011
Location: Santa Fe, NM
Posts: 61,466
Thanks: 11,772
Thanked 33,025 Times in 14,165 Posts
Gameroom Barn Bucks: $17500122
|
too many people and too many companies have too much debt.
|
||||||
05-18-2020, 5:22pm | #17 | ||||||
A Real Barner
Join Date: May 2011
Location: Live Free or Die.
Posts: 4,904
Thanks: 2,025
Thanked 2,190 Times in 1,172 Posts
Gameroom Barn Bucks: $3122345
|
|
||||||
05-18-2020, 6:01pm | #18 | ||||||
Due to inflation they are no longer free
Join Date: Dec 2019
Location: In some people's minds
Posts: 37,082
Thanks: 22,692
Thanked 25,779 Times in 10,040 Posts
Gameroom Barn Bucks: $324490
|
|
||||||
05-18-2020, 6:08pm | #19 | ||||||
VB Dad of the Year
RDBM Barn Stall Owner #9 Barn Raising I,II NCM Supporter '11,'12,'13,'14,'15,'16,'17,'19,'20,'21 Bantayan Kids '13,'14,'15,'17 GTMS ‘18
Join Date: Jan 2011
Location: Fort Myers
Posts: 36,666
Thanks: 10,237
Thanked 21,164 Times in 8,346 Posts
Gameroom Barn Bucks: $35999378
|
Those will likely be highly collectible 20-30 years from now...well except for the automatic trannies.
|
||||||
The Following User Says Thank You to Datawiz For This Useful Post: |
05-18-2020, 6:12pm | #20 | ||||||
A Real Barner
Join Date: Dec 2010
Location: Northern California
Posts: 33,993
Thanks: 14,302
Thanked 12,309 Times in 5,942 Posts
Gameroom Barn Bucks: $2214590
|
At the last used car lot I worked at we bought lots of used rentals from Enterprise. Trust me, they were much better cars than we were buying at the auction. In general, I feel like if a car is at the auction, there's a reason. There are exceptions to that, of course.
|
||||||
The Following 2 Users Say Thank You to MrPeabody For This Useful Post: |
|
|
Support the Barn: |
Download the Mobile App; |
Follow us on Facebook: |
||