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Automotive News & Views Are gas prices fueling your pain? 
10042 messages, Last post on Jul 12, 2008 at 3:07 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: lemko (Apr 28, 2008 12:12 pm) I have looked at $500k and up fixers both in CA and Hawaii. When you take into consideration that when we had the bad rains a few years ago and several homes in Laguna Beach slid down the hill. It is put into perspective what the land is worth when those lots sold for as much as $27 million. So the best thing to do is buy up those homes in the hood when the prices are low. Fix them up and make a killing on the next housing boom... Many folks were booted out of their rentals in the slums of San Diego, when they were sold for huge prices. |
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Replying to: lmpracetech (Apr 28, 2008 12:11 pm)
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Replying to: lmpracetech (Apr 28, 2008 12:22 pm)
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Replying to: kernick (Apr 28, 2008 12:24 pm) They will suffer because of the lack of traveling done by RVers. |
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Replying to: steve_ (Apr 28, 2008 12:14 pm) That is cool, I get pumped up about this kind of stuff. They are in California too, I dont know where Felton is but im going to check into this for sure.
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Replying to: gagrice (Apr 28, 2008 12:33 pm) So not worth it huh? |
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Replying to: texases (Apr 28, 2008 12:37 pm) I doubt this is ever the case, I would have to see the facts on that. I don't know of any company selling products for less than what they make them for... Asking price is retail. This inst what the dealership pays for it. Your trying to tell me that a vehicle retailing for $25k is costing the manufacture more than that? They would be loosing their butts on these cars and there wouldn't be any point in producing them.
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Replying to: lmpracetech (Apr 28, 2008 1:31 pm) Can happen. Ford's been said to lose money on each Focus it sells, but it has to to meet CAFE regs. And any year a company posts a loss, like the Big 3 have done lately, they're, in effect, losing money on each car they sell, on average. As to hybrids, GM has been forced by Toyota to pour lots of R&D into the Tahoe hybrid, so if you include that money, I'm sure they'll be in the hole on the hybrid effort for several years, at least. But it is great PR for them. |
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Replying to: lmpracetech (Apr 28, 2008 1:31 pm) Though the Prius may be profitable by now. Not sure about the Camry Hybrid...maybe, since it's an add-on technology to an existing vehicle.
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Our policies which try and cater to everyone from oil company executives to environmentalists and up benefiting no one, and now were all paying the price. Weve spent decades giving billions of dollars to in government subsides with incentives for the wrong things, weve mandated that huge areas of farmland stay open for conservation and were using grains that could feed tens of millions of people to make a crappy biofuel that you cant even buy anywhere. Where did i read this?
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