Here’s the latest reader question, along with my reply!
Karl asks: I’m not sure what to do and thought I’d ask your opinion about whether I should try to sell my car now, before the election, or wait until afterward. I’m worried I might not be able to sell it all after the election, if the economy collapses or we are subjected to another WuFlu lockdown.
My reply: This subject came up the other day in conversation with a friend – in the context of real estate. But the subject is still more or less the same. My suggestion is precisely same in both instances:
Why not put it on the market and see what happens?
I see no downside. If you find a buyer at a price that’s acceptable to you, then you’re good to go. If the car doesn’t sell at a price you’re ok with then you haven’t lost anything except perhaps the small cost of placing an ad.
Remember: You don’t have to sell the car (or the house) at a fire-sale price. Of course, there is also the chance that you may not be able to sell it at all if the economy collapses and the country falls apart.
But in that case, we’ll all have more to worry about than the buying and selling of cars – and houses!
. . .
Got a question about cars, Libertarian politics – or anything else? Click on the “ask Eric” link and send ’em in!
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