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Dude, where did all the dealerships go?

654 messages,  Last post on Nov 23, 2009 at 7:56 PM

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What is this discussion about? Car Buying, Automotive News, Legislation


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#175 of 654
Re: But we are waiting to see who blinks first. [nippononly] by boaz47
Mar 11, 2009 (8:22 pm)
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Replying to: nippononly (Mar 11, 2009 3:30 pm)

But what are you going to do with the Excess Toyotas, Hondas and Nissans? They are all still making cars and the storage is piling up. How will they price over stock from 2008 and 2009 in 2010?
#176 of 654
Re: But we are waiting to see who blinks first. [boaz47] by nippononly
Mar 11, 2009 (8:31 pm)
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Replying to: boaz47 (Mar 11, 2009 8:22 pm)

Oh there won't be much, boaz. Not from the Japanese 3. They have already cut or entirely halted production in many places overseas (and here as well, the folks at NUMMI are facing big cutbacks on their work schedules for instance). We will see them only produce half as many vehicles as usual for the '09 model year.
 
As for '08s I think Toyota was the only one caught flat-footed there, and they will have to offer $2000+ rebates on leftover '08s, which they are already doing. I think we will see them go well before 1-1-2010.
 
But dealers face a year of cutthroat competition with each other, I would guess. So much for profit margins on new car sales.
#177 of 654
Re: But we are waiting to see who blinks first. [boaz47] by gagrice
Mar 11, 2009 (8:36 pm)
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Replying to: boaz47 (Mar 11, 2009 8:22 pm)

Here is my question. You have 100s or 1000s of hybrids sitting stored without charging the batteries and a NiMH battery will go bad quickly. They do not do well discharged and especially if it is cold. A month will not hurt anything past that it is anyone's guess.
#178 of 654
Re: But we are waiting to see who blinks first. [boaz47] by lemko
Mar 12, 2009 (5:54 am)
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Replying to: boaz47 (Mar 11, 2009 3:18 pm)

If those cars are near a marine environment, the salty air can't be good for them. Wouldn't it be weird if they shipped 'em back to Asia? Are there a lot of MBs piling up on docks on the other coast? Maybe now's an awesome time to make a heck of a deal on a S550 or E-Class that might otherwise rot on a dock?
#179 of 654
Re: But we are waiting to see who blinks first. [lemko] by bvdj84
Mar 12, 2009 (7:14 am)
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Replying to: lemko (Mar 12, 2009 5:54 am)

I would love to take advantage of a deal, perhaps get out of my current leased GM, but that might be a small chance....
 
My dealer sells VW too, I thinking of doing that. My trade in might be too low.
#180 of 654
Re: But we are waiting to see who blinks first. [nippononly] by boaz47
Mar 12, 2009 (8:40 am)
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Replying to: nippononly (Mar 11, 2009 8:31 pm)

"Oh there won't be much, boaz. Not from the Japanese 3."
 
Motor Intelligence reported in February that Toyota sales were off 35.9 percent in the US. And Europe doesn’t look any better. Nissan was off 33.6 percent as of February. Now with the pictures posted of storage at the end of the year in 08. And with sales flat right now? How will they dump the cars?
 
  
 
http://www.businessinsider.com/unsold-cars-around-the-world-2009-2
 
I say hold off and wait till the prices drop like ripe fruit. In consumers simply hold off till the 2010s hit the market the prices will have to drop. Or the companies will have to make artificial reefs with the left over cars. The cars are being stored in shipping lots and receiving lots, container ships. And the world isn’t buying.
#181 of 654
Re: But we are waiting to see who blinks first. [boaz47] by lemko
Mar 12, 2009 (9:15 am)
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Replying to: boaz47 (Mar 12, 2009 8:40 am)

I got a good idea for all those unused cars! Let's make the ULTIMATE remake of "Gone in 60 Seconds!"
#182 of 654
Re: But we are waiting to see who blinks first. [lemko] by boaz47
Mar 12, 2009 (9:32 am)
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Replying to: lemko (Mar 12, 2009 9:15 am)

"I got a good idea for all those unused cars! Let's make the ULTIMATE remake of "Gone in 60 Seconds!"
 
I like the idea. But there are no new cars with the drool factor of a GT 500.
 
Did you ever think you would see that many cars stored at the Nissan test track? And the ones stored close to the shipping docks? Can you imagine a car that has sat in one of those lots for six months in the salt air? How about after a year?
 
we should be able to get a great discount once the 2010s come out. There are still 08s in LA harbor. It will be like gone in 60 seconds.
#183 of 654
Re: But we are waiting to see who blinks first. [boaz47] by fezo
Mar 12, 2009 (9:53 am)
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Replying to: boaz47 (Mar 12, 2009 9:32 am)

Foloow up to previous post:
 
Car dealers found after 81 vehicles vanished
 
"Miranda Cervantes, the dealership's title manager, told the Scottsbluff Star-Herald she returned to work Tuesday after a day off and found the lot was virtually empty. She said the desks of Patch, Fait and Covello had been cleaned out.
 
"It’s been a very surprising day,' Cervantes said. 'As soon as I came in, I knew something was wrong.'"
 
Boy, you can't slip one by her....
#184 of 654
Re: But we are waiting to see who blinks first. [fezo] by boaz47
Mar 12, 2009 (10:29 am)
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Replying to: fezo (Mar 12, 2009 9:53 am)

"Miranda Cervantes, the dealership's title manager, told the Scottsbluff Star-Herald she returned to work Tuesday after a day off and found the lot was virtually empty. She said the desks of Patch, Fait and Covello had been cleaned out.
  
"It’s been a very surprising day,' Cervantes said. 'As soon as I came in, I knew something was wrong.'"
  
Boy, you can't slip one by her....
 
hahaha.. yes she is one sharp tack. I also got a kick out of the Toyota quote about trying to Borrow 2 billion from the Japanese government. It was like they said, we don't really need it we were just trying to leverage our assets and wonder if you had an extra 2 billion to toss our way. I am sure that press release was written by the descendent of the one that wrote on December 6, 1941. We are simply sending our sailors on a vacation cruise in the Pacific. Maybe the remark was made by Yokomata B. Madeoff. Distant relative of Bernie. They aren't as bad as our manufacturers but they sure lie like one.
 
what was that song, "don't worry, be Happy"? or the guy from Wham, "Ya gotta have Faith.'?

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