SoCalDem
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Oct-01-08 02:18 PM
Original message |
Is anybody buying the "car dealer analogies? |
|
Edited on Wed Oct-01-08 02:50 PM by SoCalDem
Seems as if all the microphone-hogs have a "car dealer story" to tell...(see : Welfare queen with Cadillac, incubator babies thrown on floor, Harry & Louise Part 1)
Around here car dealers could not fit another car on their lots, no matter how many loans they could manage to get.. their problem is that no one is buying the ones they HAVE.. There are a few dealers around here who still have NEW 2007 SUVs that have not sold..
and it's not about the lack of loans... It's about the price of gasoline and the high costs of living, that have choked the life out of car-buying.. Loan or no loan, people don;t have expendable money to even make the payments on those $30K+ monsters and the insurance & upkeep on them..
Know what IS selling?
1980's & 90's Toyotas & Hondas.. People are snapping up those "throwaway cars".. the ones with 50K miles left in them, that cost $1k or less.. Buy 'em for cash, drive 'em until they die, and buy another one.. If it lasts a year, you've had wheels for less than $100 a month..and if you lose your job and get desperate for cash you can sell it for as much as you paid for it :)
Last week, there were THREE notes left on my husband's 1988 Dodge pick up..All wanted to buy it..
|