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Should I put my Z in storage again or sell?

Originally Posted by animal_solo ... I wil take any advice you have to offer. Storage or Sell?? Another factor: We don't know how strongly the general public will react to

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Old 06-01-2011, 06:59 PM   #13 (permalink)
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Quote:
Originally Posted by animal_solo View Post
... I wil take any advice you have to offer. Storage or Sell??
Another factor: We don't know how strongly the general public will react to the Japanese Fukiyama problem. A 2010 (or 2009) is clearly outside the danger zone, meaning it may depreciate less.

Today's reporting said auto sales for Toyota was down in May 33%, Honda 22%, Nissan 9%. Most of that, according to general reporting, is because of parts shortages. There has not yet been an analysis of the public's reluctance to buy cars which may have some parts from radioactive dead zones. But you can be sure this will build in the months ahead, especially now that so many square miles of Japanese land have become worse-contaminated than Chernobyl.

So, if you hope to keep a fine example of Japanese/French car engineering at its pinnacle, your Z will always be there. Selling your car now makes sense if you have something better to invest in, but even foreclosed real property remains iffy in the relative short term.
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