Posts

Businesses

  Buying a business is different than buying just about any other asset. Real estate can come with a few strings attached, but usually, the seller is required to provide some background on potential skeletons in the proverbial closets.

2022 debt

  In 2022, the German car manufacturer  Volkswagen Group  was the company with the highest debt worldwide, amounting to 192 billion U.S. dollars. The American telecommunications corporation  AT&T  followed in second with a debt of roughly 170 billion U.S. dollars, with  Verizon  following in third.

100 Duesenbergs

  The model experienced various delays going from prototype to production. Deliveries to dealers did not start until December 1921. Sales lagged and the goal of building 100 Duesenbergs each month proved far too high, as the Indianapolis plant struggled to roll out one a day. In 1922 no more than 150 cars were manufactured, and only 650 Model As were sold over a period of six years.

Duesenberg Model Js and SJs

  Two modified Model   Js, known as the SSJ, were produced in 1935 for actors  Gary Cooper  and  Clark Gable . The SSJ reportedly produced 400 hp (298 kW) and could go 0 to 60 mph (0 to 97 km/h) in less than 8 seconds. Cooper's SSJ sold for $22 million in 2018, making it the most expensive American car ever sold at auction at the time

Model J

  The Model J vehicles were purchased by the rich and the famous. The Model J was truly a paragon that defined style, class, performance, and quality. #Duesenberg #Allure

1930 Cadillac and Allure

  Cadillac V-16 costs $5,350 in 1930, which translates to $91,897.24 in 2023. Allure Essence costs $6,095 in 1934, which translates to $138,739.15 in 2023. Allure Essence Ultra costs $7,995 in 1934, which translates to $181,988.43 in 2023. #Cadillac #Allure #Essence

1930 the V-16

  In 1930 the V-16 had a list price of $5,350, which translates to $90,891 in today's money. And that was just the base price, with the amount of customization available on the V-16 due to its custom-built nature, prices could easily end up far beyond that.