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#1
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Nice price, no wonder Chrysler is going bankrupt
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#2
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Nice price, no wonder Chrysler is going bankrupt
On 2009-04-06, Get lost > wrote:
> http://www.trader.ca/powerpage/detai...0&adid=7532357 How is ford any better? Ford purposely puts cars on dealer allocation and then the dealers jack up the price. |
#3
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Nice price, no wonder Chrysler is going bankrupt
Yes, but someone will buy it. And it only takes one. That is the secret to
car sales - it takes one. I work for a large bank in lending. The people I see with poor credit, huge amounts of debt, criminal interest rates... but you know what, many of them have cars like this. Payments at $700, $800 or more, per month, when they are netting $3,000 per month. They have no retirement savings, no rainy day fund, and are one pay cheque away from losing their house, but they've got a $60,000 car in the driveway. For the record, I just got rid of my 1980 Bronco this winter. Yes, the wheels finally did fall off it. And people come to me for money. Go figure. The auto industry is not only moronic, it's criminal. "Get lost" > wrote in message ... > http://www.trader.ca/powerpage/detai...0&adid=7532357 |
#4
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Nice price, no wonder Chrysler is going bankrupt
On 2009-04-12, Brad and Karen > wrote:
> Yes, but someone will buy it. And it only takes one. That is the secret to > car sales - it takes one. > > I work for a large bank in lending. The people I see with poor credit, huge > amounts of debt, criminal interest rates... but you know what, many of them > have cars like this. Payments at $700, $800 or more, per month, when they > are netting $3,000 per month. They have no retirement savings, no rainy day > fund, and are one pay cheque away from losing their house, but they've got a > $60,000 car in the driveway. That's the monetary system we live under. A dollar today is 50 cents tomorrow. So many people borrow massively and spend everything they have. It's easier to do that then to become a speculator and trying to stay ahead of the inflation. The inflation is really going to be ramping up with the way they are creating money these days. One of the reasons I may overcome my cheapness and buy me a fancy car, except I'll be paying cash unless they give me a loan at a rate lower than I get on it in a bank account. |
#5
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Nice price, no wonder Chrysler is going bankrupt
Brent wrote:
> On 2009-04-06, Get lost > wrote: >> http://www.trader.ca/powerpage/detai...0&adid=7532357 > > How is ford any better? Ford purposely puts cars on dealer allocation > and then the dealers jack up the price. Not for a Mustang GT. I got my 09 for 24K USD. That Challenger is about 51K USD. US dealers are asking list about 44K USD. My GT is looking and sounding soooo sweet. |
#6
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Nice price, no wonder Chrysler is going bankrupt
On 2009-04-20, Topo Gigio > wrote:
> Brent wrote: >> On 2009-04-06, Get lost > wrote: >>> http://www.trader.ca/powerpage/detai...0&adid=7532357 >> >> How is ford any better? Ford purposely puts cars on dealer allocation >> and then the dealers jack up the price. > > Not for a Mustang GT. I got my 09 for 24K USD. That Challenger is about > 51K USD. US dealers are asking list about 44K USD. My GT is looking and > sounding soooo sweet. A mustang GT is not what you compare to challenger SRT. You compare that to the Shelby Mustang GT500. Ford is no better. |
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