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Present state of the car industry

799 Views 15 Replies 9 Participants Last post by  Spark757
Present state of the car industry..

Found this on the Guardian newspaper, makes me think............ :stop:
http://www.guardian.co.uk/business/gall ... =341883529
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Whoa... cool pictures to look at though haha.
It's going to get worse, before it gets any better. Over production of automobiles has been going on for about ten years now for the American market. The rest of the world isn't far behind. Car makers have known about this the entire time. They overproduce hoping to land the sale that the competitor doesn't land. Only the largest and most effiecent will survive.
I've got an idea. They could sell a ton of cars. The Govt. would come off and give a 100% tax break on 50% of ant new ride bought. :wave: :party:
:clap: :thumb: I like that idea!
camusdarrach said:
Present state of the car industry..

Found this on the Guardian newspaper, makes me think............ :stop:
http://www.guardian.co.uk/business/gall ... =341883529
If they're storing the cars at the test track. Where are they testing new ones? :shrug:
Maybe they aren't, and that's one more reason that I'm sticking with Ford.

:thumb:
Has anyone priced out a new escape with bonus cash and employee discount? The Vibe is almost paid off i'm tempted to start looking around.
Same here. I'm still really tempted to get an Escape Hybrid. I can't wait to see if there's yet another round of improvements for the 2010 models.
Well, as far as I'm concerned the manufacturers deserve it.
Last week I visited my local Landrover dealership, with every intention of purchasing a 2 year old Landrover Discovery, as they had one on the forecourt for £22,000
I walked out of there, when they offered me £750 for the Maverick as a trade in :shock:

They have since phoned me, and offered £2,500 trade in, but I told them to forget it, will stick with the Maverick, as its not only a nice car (bit small though, hence the idea of a Discovery), but at least it's paid for :yahoo:
:doh: The Land Rover Discoveries (in my opinion) are sooo ugly!! :lol:
I much prefer the Range Rovers :D

But yes, I am still looking around for a smaller, cheaper car, and came across a relatively local '07 Honda Civic. The mileage is not that bad, but the only problem is that Carfax came up with that it was a former rental car. When I go to see it I'm going to hound the dealer about it and give them the whole "well we don't know how it was previously driven, people beat rental cars, it's probably been driven hard" type of thing and see how much of a price cut we can get :yes: If we can't get anything decent, we'll walk off the lot also, but these guys should be eager to sell it since Carfax also says its been up for sale since last July :confused:
If that car has been sitting there that long, and it's a Honda: All I can say is "Step Away From the Honda." Something else is wrong, and it could be you are not seeing it. Hondas usually fly off of lots.

BTW, Civics of the past 2-3 years have been less than stellar in performance and reliablity. Better than most cars, but not anything like they used to be. The difference is price that you will have to give them over your Tribbie is going to be so great, the Honda will have to get something like 65 M.P.G. to pay itself off in fuel money saved over the Tribbie.
camusdarrach said:
Well, as far as I'm concerned the manufacturers deserve it.
Last week I visited my local Landrover dealership, with every intention of purchasing a 2 year old Landrover Discovery, as they had one on the forecourt for £22,000
I walked out of there, when they offered me £750 for the Maverick as a trade in :shock:

They have since phoned me, and offered £2,500 trade in, but I told them to forget it, will stick with the Maverick, as its not only a nice car (bit small though, hence the idea of a Discovery), but at least it's paid for :yahoo:
A reliable car/truck that is "Paid for" is always a better car/truck than anything they are selling.
I was talking to some people last night that wanted to trade in a 2 year old Ford 350 on a new one. The truck cost them $46k when the got it 2 yrs ago. It was a work truck but supposedly in really good condition. The dealer wanted to give them 15k for a trade-in. :shock: And they didn't really give them much of a discount on the 52k new one they were looking at. :bill: Needless to say, they walked out of the showroom... The market's just not right for "new every two" the way it used to be.
I run my rigs till there is little to no trade allowance. They really arn't giving you anything for it. I keep them from 10 to 12 years. The Cheapest car you can have is one that's paid for. I like to get 150K to 175K on them. At that point they don't owe you anything :wave: :cigar:
Good point, Jonas, but the new Civics are so cute! And 40+ mpg hwy is so enticing :D I'll keep looking..
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