- #56 of 654
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Re: A bit off topic [boaz47]
by lemko
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Dec 01, 2008 (9:25 am)
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Replying to: boaz47 (Nov 24, 2008 3:57 pm)
Good idea on an individual basis. However, if people kept hoarding their money and keeping their old hoopties, the recovery will never happen.
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- #57 of 654
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Re: A bit off topic [lemko]
by boaz47
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Dec 01, 2008 (1:53 pm)
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Replying to: lemko (Dec 01, 2008 9:25 am)
You could be right. But maybe someone will come along and make a practical entry level car at realistic prices. There is simply no excuse for a 15K Smart car. Not in R&D and not it cost to manufacture. At best it should be a 8K car. It isn't as technically as advanced as a motorcycle. Take the Auto industry down a peg and find other ways to get from point A to point B and maybe we would get the cars we deserve rather that the cars they feel like making. All auto dealers should be like Saturn or Lexus not like VW. When you walk in you are the customer and shouldn't be treated like a patsy. So if the auto dealers are suffering maybe they should think about treating customers like they matter rather than a cow to milk. But that is just how I feel. I will not be interested in any "new" car produced right now because they are not "new" but only redone from what they already had. Even the new small diesels they are talking about sending are only cars they already produce some place else. So I will drive what I have till the wheels fall off unless they come up with something that that is truly new and worth looking at.
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- #58 of 654
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kind of ironic
by explorerx4
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Dec 01, 2008 (2:47 pm)
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i drove by a closed ford dealer a few days ago, and there were 2 model t's in the showroom. 
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- #59 of 654
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Re: kind of ironic [explorerx4]
by fintail
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Dec 01, 2008 (4:10 pm)
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Replying to: explorerx4 (Dec 01, 2008 2:47 pm)
I wonder if they were leftover '27s 
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- #60 of 654
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This isn't the first time
by boaz47
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Dec 01, 2008 (5:40 pm)
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We managed to live through Nissan trying to fold and selling off its Financial arm to Renault. Kia went belly up and Hyundai was forced to buy them so they wouldn't be a monopoly in Korea. Saab was bought lock stock and barrel as was Volvo. Most of the household names england are now owned by the Germans or the US. Isn't the Queens vehicle of choice owned by Ford? We can survive this as well. We simply don't need as many dealers as we have.
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- #61 of 654
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a local one bites the dust
by steve_ HOST
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Dec 04, 2008 (8:55 pm)
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Bill Buckner's auto dealership closes
Yeah, that Bill Buckner. He had a Chrysler shop up the road.
The same TV station (KTBA) is running this story too:
"Dan Wiebold Jr. has been selling cars for over 20 years and says dealers across the country are taking an unprecedented hit.
"They're closing up at roughly two a day which is 60 a month nationwide," said Wiebold. "
Local auto dealers hope Congress will save their industry
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- #62 of 654
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Re: a local one bites the dust [steve_]
by gagrice
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Dec 04, 2008 (9:13 pm)
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Replying to: steve_ (Dec 04, 2008 8:55 pm)
My question again. How will the bailout to the BIG 3 help the dealerships AT ALL? If people ain't buying, they will go broke. I heard the expected number for 2008 is 1000 dealerships. The Toyota dealer I bought my Sequoia from is under new owners.
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- #63 of 654
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Re: a local one bites the dust [gagrice]
by steve_ HOST
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Dec 04, 2008 (10:52 pm)
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Replying to: gagrice (Dec 04, 2008 9:13 pm)
Well, if the automakers get stabilized and credit eases, people will start buying cars again, and they can't buy them direct or from Wal-Mart. Some dealers will either survive or new ones will fill the voids.
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- #64 of 654
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Re: a local one bites the dust [steve_]
by gagrice
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Dec 05, 2008 (6:39 am)
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Replying to: steve_ (Dec 04, 2008 10:52 pm)
I don't think we will see the EZ credit from the past 15 years again. At least I hope not. That is what got US where we are today. 7% to 8% home and auto loans should be the standard for good paying borrowers. Don't expect a buying spree in new cars for several years.
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- #65 of 654
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Re: a local one bites the dust [gagrice]
by nortsr1
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Dec 05, 2008 (6:42 am)
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Replying to: gagrice (Dec 04, 2008 9:13 pm)
Well, if the dealerships "close" of their own fruition, it would probably mean that GM, Ford or Chrysler would have a lot less dealerships to "buy out"???? I have to assume when a dealership closes because of lack of sales or whatever, they would not be a "costly buyout" to one of the Big 3????
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