One advantage (among many) is that CRZ benefits as much (perhaps more) from a severe recession... as from a boom. If economy tanks, just about the quickist way to cut expenses is to ditch a car or 2. Aussies have more cars per capita than any other country! Yet annual fixed rego/3rd party cost is very expensive. It costs $20/day to park yr car at home. Chuck-in depreciation and its well over double that.
Hence, if unemployment jumps we'll see a large jump in number of used cars hitting mkt. Whether the poor seller takes a 20% bath or not doesn't affect CRZ. They get the $60 commission irrespective of whether car/boat/caravan/truck is sold or not.
CRZ Price at posting:
$4.67 Sentiment: Buy Disclosure: Held
