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(12-03-2024, 10:17 PM)[[ForeverAlone]] Wrote: Noticed a lot rent cars
I think the profit margin is much higher than renting out properties.
Thinking is difficult, that's why most people judge
Carl Jung
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(12-03-2024, 10:22 PM)Huliwang Wrote: I think the profit margin is much higher than renting out properties. 
Sure is base on now a days so many rent car. Actually some are ex car owner they give up owning a car so rent it if needed yet can save money than owning it.
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Previously, they earn buying and selling cars with rising COEs. Now lobang broken and they are into car renting, risky business. People rent it bang here and there. Saw one video person purposely bang on the Mercedes.
(This post was last modified: 12-03-2024, 11:14 PM by
theold.)
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(12-03-2024, 11:14 PM)theold Wrote: Previously, they earn buying and selling cars with rising COEs. Now lobang broken and they are into car renting, risky business. People rent it bang here and there. Saw one video person purposely bang on the Mercedes.
Surely need to pay a lot , rental car company also not stupid as you already mention they switch fast after lobang broken so now go into renting cars.
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(12-03-2024, 11:14 PM)theold Wrote: Previously, they earn buying and selling cars with rising COEs. Now lobang broken and they are into car renting, risky business. People rent it bang here and there. Saw one video person purposely bang on the Mercedes.