The Life of LZ: Making Changes and Selling Cars

TLDRIn this video, I discuss why I'm selling my truck and several cars, and my change in mindset regarding assets and liquidity. I also reveal my bottom dollar prices for each car.

Key insights

💰Realizing the importance of liquidity and cash flow in business and personal finances.

🚚Selling the truck due to financial constraints and the need for cash.

📉Recognizing the pattern of overspending on car builds and the need for a change in mindset.

🔑Setting bottom dollar prices for each car to avoid lowball offers and tire kickers.

🔴Planning to build a high-quality red FC RX-7 in the future.

Q&A

Why are you selling your truck?

I need the cash and realized the importance of liquidity in business and personal finances.

What is your bottom dollar price for the truck?

$45,000 is my bottom dollar price for the truck.

Why are you selling the FC RX-7s?

I've realized the pattern of overspending on car builds and want to focus on owning a high-quality red FC RX-7 in the future.

What is your bottom dollar price for the FC RX-7s?

I'm asking for what I have invested into each car and won't sell for less.

What other cars are you selling?

Please watch the video for the complete list of cars and their bottom dollar prices.

Timestamped Summary

00:00Introduction highlighting the changes and selling cars.

01:59Explanation of the importance of liquidity and cash flow in business and personal finances.

07:17Discussion about selling the truck and setting the bottom dollar price.

09:30Talk about selling the FC RX-7s and the pattern of overspending on car builds.

09:59Mention of other cars for sale and the need to watch the video for their prices.