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[quote]QUOTE: Originally posted by Big_Boy_4005 I'm not sure of the numbers, but owning railroad equipment takes big bucks. A single car has to be over 100K, so if you had a few million, you could own a small fleet. I would imagine that it is something like the apartment rental business, and vacancies kill. Time is money. If you win the lottery, buy railroad stock, it's easier. [swg] Cars can be as cheap as $1,000 in running condition, used. New cars are expensive, but you don't need new cars to get into the business. Don't expect big profits in car leasing though... Do you think you are ready to compete with the likes of GATX, and others? It isn't just competition from other leasing companies, but also from the RRs themselves that makes this business difficult. If a RR has a choice of using their car or yours who's do you think they'll load?!? [/quote] LC
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