The problem with used cars is there are no absolutes. I frequently get questions starting with “What if…”
As in, “What if you have a one-year-old truck with 15,000 miles on it and you over-appraised it and have $42,000 in it?”
My answer almost sounds evasive, as I’m always going to have a different spin depending on so many unknown factors.
My view of that unit today and my view of it three days from now may very well be totally different. Every unit is different and every day is different. You have to trust your good judgment. Make a decision and move on.
While I would always say don’t second guess yourself, you should second educate yourself.
You learn from doing. You learn from making mistakes. Make some mistakes, but don’t keep making the same mistakes. And even if you do. Sell it. Move on. It’s just a short-term stock.
If you’re a manager with a mindset of getting it perfect then you may want to seek a career change. You never get anything in this business perfect. You can always get better. You will never get perfect. Get over yourself.
In my day, basketball players that took lots of shots were called “gunners.” They shot and shot and shot some more. They always scored the most because they shot the most. Just because they missed didn’t mean they were going to stop shooting. If they had a bad night they went back in the gym the next day and shot even more.
Take your shots. Improve your touch. Stop looking for an absolute to the question of “What if.”
What if a bullfrog had wings? He wouldn’t bump his tail every time he jumped. That’s all I’m gonna say. Tommy Gibbs