George Madden

Hey, double what you paid for the car.

Plus the tax write-off on it too, because depreciation in this business is huge.

So a lot of this can be, don't want to say tax-free, you have to speak with your CPA on that and everybody's situation's different, but there are great deductions with depreciation.

But

But besides that, so my fleet's built out of 2018 to 2022 Hyundai Elantras, Mitsubishi Mirages, Kia Souls, all these cheaper economy cars.

I'm hearing all the secondary cars.

I'm not hearing Honda.

I'm not hearing Ford.

I'm not hearing Chevy.

I'm not hearing Toyota because those carry too much value.

I do have two Honda Accords, but I'll only buy them if I can buy them at a

deal.

Usually they're 30 to 40% more than an Elantra.

And the thing is they go for around the same amount of money.

And I'm all just looking at return on investment because we're not putting these on there to rent for the next 10 years.

Realistically, somebody is going to total this thing in the first three years of it being on the platform.

And then you're going to get your money back.

And then you're going to rinse and repeat as long as you bought it right by another car and keep it cash flowing.

and sometimes profit off the difference from what you bought it and what insurance pays you.

So if I was looking to say these cars are never going to get in an accident ever, sure, I might invest more into buying Honda Accords and Toyota Camrys and things like that, but the case is they're all going to be dead before the wear and tear actually matters.