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RE: LeoThread 2024-12-08 08:18

in LeoFinance24 days ago

Part 5/8:

By 2010, the economic landscape had changed dramatically. The student found himself compelled to sell his cars and customer database due to an unsustainable business model. Though the rental business had brought initial success, it ultimately culminated in significant hardships. The once high-value assets had depreciated dangerously, and the remaining market consisted largely of individuals who mismanaged luxury vehicles.

The business was sold for less than $100,000, a figure that reflected the dilapidated state of the rental market rather than the potential it once held. Time and mileage had significantly reduced the equity in the cars, and the joy of owning and operating such remarkable machines had diminished as financial burdens became ever more apparent.