Car Ownership in the Coronavirus World

Let’s be honest. Things will never be the same in our economy until there is a vaccine. Some scientists are saying there may never be a vaccine.

If there is no vaccine how will we safely get to work?

On April 6, the head to the San Francisco Municipal Transportation Agency, Jeffrey Tumlin, tweeted “I never thought I’d say this, Please don’t take Muni if you have other options.”

As people start returning to work they will continue to practice social distancing. That translates into avoiding the use of public transportation and not carpooling. Uber an Lyft are out of the question.  They will need a car, all be it a small one, that offers high mileage for their daily journey to their jobs.

Many are predicting that sales of new and used cars will continue to decline for the rest of 2020. I have a different take.

Cars stored a Dodger Stadium. LA Times photo from a drone

The Los Angeles Times is reporting a glut of imported cars that are not being delivered to dealers as their sales have declined to a trickle. The Times article on  shows cars being stored at the Dodger Stadium parking lot, the Angeles parking lot and many other places that have large parking areas. That glut of unsold cars will quickly evaporate.

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