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Last Post:
Nov 21, 2008 6:16 AM
by: mydvdwarehouse
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Posts:
3,762
Registered:
11/8/07
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Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 2:25 PM
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Your chance to buy a brand new, factory fresh Yugo has now passed.
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Posts:
3,099
From:
Indiana
Registered:
2/8/06
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 2:50 PM
in response to:
secretcodex
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With hundreds of millions of Americans buying cars every year, I have a feeling if Ford and GM went under SOMEONE would still be building and selling cars.
I for one have never liked the GAME of buying a new car. I can drive off the lot with a new car and pay $2000 more or less than the guy behind me that bought the same car. Maybe that is part of their problem??
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Posts:
2,426
Registered:
5/13/08
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 4:16 PM
in response to:
webebuyers
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Why would you pay $2000 more than the other guy? There are plenty of resources that let you know what the cost of the vehicle is and with just a little research you can go in and give a low but profitable offer. If they do not accept go elsewhere. Especially in this market there is no shortage of deals. I have researched the places that put the price on the window and that is the price you pay when I purchased my last vehicle. I am sure it would not surprise you that it was ALWAYS higher that what could be negotiated elsewhere. I saved several thousand dollars by buying elsewhere. If someone is foolish enough to spend more than they need to then the story about a fool and his money is true.
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Posts:
2,028
Registered:
12/30/07
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 4:52 PM
in response to:
webebuyers
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With hundreds of millions of Americans buying cars every year There's only 300 million Americans period. You think 2/3s of all Americans buy a new car every year? LOL
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Posts:
22,616
Registered:
2/8/06
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 4:55 PM
in response to:
secretcodex
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Posts:
8,712
From:
Duncanville, Texas
Registered:
2/8/06
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 5:15 PM
in response to:
webebuyers
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I haven't bought a new car since 1991. Since then I've bought used cars with less than 30,000 miles on them, paid cash for them, and drove them till I can't buy parts. The last car I bought was 18 months old, had 28,000 miles on it, and I paid roughly 60% what I would have had to pay for a new one. Not 60% of list, 60% of what I could have gotten it for, and it still had part of the factory warranty left. Automakers don't like me, they'd like everyone to buy a new car every few years on the theory that the new cars are so much more reliable than the ones a few years old. Cars last much longer than the car companies want people to realize. I've never had a car where the repairs on an annual basis came to anything close to the payments on a similar new car, and I've driven cars with over 300,000 miles on them. I do maintain the cars I own, and if you do that they'll run a long time. With hundreds of millions of Americans buying cars every year, I have a feeling if Ford and GM went under SOMEONE would still be building and selling cars.
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Posts:
12,940
From:
Neu Yawk
Registered:
2/8/06
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 5:22 PM
in response to:
secretcodex
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http://www.amazonsellercommunity.com/forums/thread.jspa?threadID=162173&tstart=15&start=15
FT: Auto Industry Shell Game
Posted: Nov 19, 2008 3:38 PM in response to: always_working
Click to reply to this thread Reply
I remember on Charlie Rose or some other late night news - and the clip was shown all over at the time - an Auto Exec stating fuel efficient cars are bad for the US economy
Reap what you sew
If you invest you are told [Charles Ponds, Suzy whatsit etc] to "diversify investment" Medicine, food, electronincs etc - so there is always a part of your portfolio making money.
We should do the same with our economy 1 in 10 jobs Auto industry related - way way too high. Cars "in their current form" are a bane.
www.gemcar.com
This car has better performance than the Volt a lower cost and further range.
GEM e2 Specifications
Curb Weight 1,140 lbs
GVW 1,850 lbs
Payload Capacity 710 lbs*
Length 99"
Height 70"
Width 55"
Wheelbase 72"
Cubic Feet of Cab 47 ft
Turning Circle 24 ft
Tires 12-inch street-rated
Range Up to 35 miles
Top Speed (High Mode) 25 mph
Top Speed (Low Mode) 15 mph
*Options + Passengers + Cargo
This should be mandated for Urban Motoring - not Dino JuiceMobiles
Charges from House Current -Use a Windmill or Solar Panels and you have it all beat.
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Posts:
5,156
From:
Home of Lucy the Elephant (Margate NJ)
Registered:
2/8/06
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 6:01 PM
in response to:
webebuyers
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Thats what I liked about the Saturn when my wife bought one about 5 years ago. The price was the same for one and all. Saturn's are good cars, my only problem with them was they start to burn oil at 50,000 miles, and the engine gets noisier as it ages.
As far as the YUGO, no big lose to the world.
Alfred
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Posts:
5,866
Registered:
2/8/06
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 6:08 PM
in response to:
secretcodex
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In a YugoAs the snow flies
At a used car lot on the edge of town
A liberal guy and a liberal gal
Buy a Yugo
And they drive with pride
Cause if there's one thing that this world needs
It's environmental friends who'll take the lead
In a Yugo
They say, "people don't you understand
Those suburbans are ruining the land"
But they'll wish they had a full size van one day
They point fingers at you and me
They say we're too blind to see
But do we simply use our heads
And choose another way?
As those small wheels turn
Fifty miles to the gallon
And their knees on their chest
They're gonna save enough gas
For all of the rest
In a Yugo
Then one day on the interstate
They suddenly lose control
They swerve to miss a baby duck
They're squashed beneath a produce truck
But they drove with pride...
And as the crowds drive past a little flat car
You know they saved a lot of gas
But they didnt get far
In a Yugo
And as they're trapped inside
At a used car lot on the other side of town
A liberal guy and a liberal gal
Buy a Yugo....
And they drive with pride...
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Posts:
12,409
From:
On the banks of the San Jacinto (with sandbags)
Registered:
5/19/06
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 7:01 PM
in response to:
secretcodex
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Nothing to worry about. I just listed a big stack of Chilton repair manuals. We'll just keep the old ones running.
Elf
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Posts:
5,847
From:
Manhattan
Registered:
2/8/06
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 7:16 PM
in response to:
elfsplace
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We'll just keep the old ones running.
I think the Cubans have perfected that, with or without Chiltons!
Waste not, want not.
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Posts:
22,616
Registered:
2/8/06
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 7:18 PM
in response to:
selg
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Posts:
5,847
From:
Manhattan
Registered:
2/8/06
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 7:29 PM
in response to:
erltprl2
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Thanks!
I remember visiting Uruguay in the 1980s ago and seeing many (American) cars still running that were from the 1950's. It can be done.
In many countries, Mercedes Benz is the preferred car for most taxi owners. As an American, I was surprised, but it is apparently cost effective because MB builds cars that, if well cared for, can last forever.
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Posts:
26
Registered:
11/20/08
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 7:31 PM
in response to:
erltprl2
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I have never understood this idea of a bailout for domestic car makers.
They are one of the oldest continuing industries in the United States.
After nearly 100 years, if they can't run their business profitably they need to close.
What it comes down to is they have been doing this for 100 years and they want to take money from people like us that are just starting our business and give it to them?
Remember, it's not government money, IT'S OUR MONEY!
The legacy cost in a General Motors vehicle is more than $2100.00. That means if you buy a new car, $2100.00+ goes to pay people who did absolutely nothing to build your car. Some haven't worked at the factory for 15-20 years but are still getting paid.
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Posts:
949
Registered:
2/8/06
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Re: Auto Manufacturer Throws in the Towel
Posted:
Nov 20, 2008 7:36 PM
in response to:
mydvdwarehouse
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<<Why would you pay $2000 more than the other guy?>>
You've obviously never been shopping with my wife....
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