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Automotive News & Views Do You Favor A Government Loan To The Detroit 3?
3958 messages, Last post on Oct 02, 2009 at 4:52 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: djm2 (Dec 15, 2008 4:26 am) 
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Replying to: gagrice (Dec 15, 2008 7:28 am) There's an interesting idea. Just deduct the price of a new car from your taxes for 6 months. Would that stimulate the economy?
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Replying to: imidazol97 (Dec 15, 2008 6:51 am) I don't think that was the idea of the story. The core of the story was that there is another wave of mortgages offered at very low interest rates, and these will be coming due and will be bounced up......starting very soon. Seems Barney Franks plans to get money to struggling mortgage holders is not getting through to the people who need it. He doesn't realize that people who were careful and didn't over extend themselves will watch as their neigbor who wasn't so wise will get aid. |
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Replying to: lemko (Dec 15, 2008 7:16 am) |
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Replying to: djm2 (Dec 15, 2008 4:26 am) I'd still buy the BMW. I love to DRIVE:-) |
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| I have an great offer on a nice Caddy CTS pending, but am having second thoughts about entering into a deal with them given the status of the bailout and such. Am I crazy to go through with the deal or am I carzy not to? Willing to hear any thoughts. | |
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Replying to: lemko (Dec 14, 2008 2:36 pm) That's cute, but did not in any way address what I said. GM should have some beautifully crafted cars with high quality materials that are very desirable. They can even charge more. VW is an example of a fairly unreliable brand that still holds high residuals because their cars are beautiful inside and drive extremely well. I realize that you probably wouldn't like them, but people who want pillow-boat cars are not the majority. There is a lot of potential business out there in this segment and the D3 have really nothing in this area. Look at cars like: Jetta TSX BMW 1-series Even Mazda 3 |
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Replying to: gator5000e (Dec 15, 2008 9:23 am) Unless you absolutely need the car, I'd wait. Seeing how politicaains have been changing their mind lately, and possibly playing games of pushing off the responsibility to the new president and Congress, I'm not so sure much help is guaranted to the B3. My main concern would be the warranty. Is GM going to be there to honor, and will GM be paying their dealers? or how much? One of the things the B3 should be doing is offering potential buyers a 3rd party warranty, in place of the factory warranty. Or offering a 30-day warranty, and discounting the cars further. |
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Replying to: djm2 (Dec 15, 2008 4:26 am) |
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Replying to: gagrice (Dec 14, 2008 9:52 pm) So, why don't I like Jeeps of any kind? |
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