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Automotive News & Views GM News, New Models and Market Share
8695 messages, Last post on Dec 09, 2009 at 8:09 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: andre1969 (Oct 31, 2009 5:25 am) Who knows what you could have driven off the lot for, but MSRP easily could have been near $40k. Just for comparison, I found an 03 Lexus ES300 with 48k miles for $15,800. I'd guess the P/A and ES would have been close to the same price depending on options. I'd imagine at the time you could have received a large discount on the Buick, so out the door price probably still would be lower.
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Replying to: dieselone (Oct 31, 2009 5:40 am)
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Replying to: dieselone (Oct 30, 2009 2:28 pm)
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Replying to: british_rover (Oct 31, 2009 7:25 am)
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Replying to: carstryke (Oct 31, 2009 7:07 am) I've been around enough Park Ave's to know that I wouldn't take one for free, so I'd take my chances with the Lexus and the killer floor mats LOL. BTW, my brother had that happen with a 04 or so Nissan Sentra Spec V. The floor mat somehow bunched up and held the throttle down. Nothing bad happened, he just pushed the clutch in, letting the engine bounce off the rev limiter until he could safely turn the car off. I'd much rather have a floor mat on stuck on the throttle than have GM's infamous hydroboost failure in the trucks/SUVs that would cause loss of steering and braking boost at the same time. Or the ABS problems on the GM trucks. My Suburban had that problem. Hit a bump or turn while stopping and the ABS would activate, meaning you basically didn't have any braking ability for a second or two. |
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Replying to: fezo (Oct 31, 2009 8:01 am) NICE CAR.
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Replying to: berri (Oct 25, 2009 4:33 pm) Who is this person? WHO... bought a 13 mpg SUV, drives only city mpg, and their local gas station will always be pegged at $4 for regular? Spends 250 miles a week driving around in the city???? And they care about whether they break even in yr 3 vs yr 4??? My '01 Silv 4X4 ext cab gets 16 mpg in a 40% city commute to work that totals under 7000 miles a year. It weighs over 5000 lbs with me and a half tank of gas. A 4 cyl Camry on same commute would get 26 or 27 mpg. Difference for 10,000 miles a year is $279 a year and that is using today's price of $2.76 a gallon, the highest price in the last year. Take that $279 against the starting defecit of $2000 in taxes paid at time of new car purchase, and then consider that excise taxes in the next year will be about $200 more on the new camry. It ends up that the $79 left in yearly gas savings after excise taxes is enough to pay the interest on the $2000 I had to borrow to pay the sales tax when buying the Camry. Hence no savings to ever materialize and the Camry will lose several thousand in value more than my used SUV, which is off the steep part of the depreciation curve at age 8, over the next 3 years. I hope we will all be smarter the next time gas hits $4 and realize it is a short lived period where all goes to pot and America falls off a financial cliff. Not the time to run to the nearest Toy or Hon dlr to give away all your SUV equity.
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Replying to: british_rover (Oct 31, 2009 9:08 am) Oddly here we are on Halloween in NJ and it's a top down day!.... |
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that with GM's restructuring,, new models, and new leadership, they are going to be successful over the next 4 years give the likely directions of the economy? I have my answer, but don't want to skew the results! |
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Replying to: tlong (Oct 31, 2009 11:38 am) ------------------------------------------------------------------------- It's my belief that without a miracle recovery in 2010, GM will be out of cash a year from now. With light vehicle sales likely around 11M units in 2010, they cannot turn it around and will continue to burn through $50 million/day in red ink financed by the U.S. Gov't. That said, another multi-billion dollar bail-out at election time in 2010 seems iffy. I give GM a 30% chance of being around in 2012. |
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