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Tuesday, November 11, 2008

Do You Buy A Car From A Dead Company?

GM's stock is under $3. Plenty of talk that they're over. Does that stop you from buying a GM product?

Comments

The stock price would not sway me one way or the other, GM is and always will be a fine company, yes they are doing it tough as are all businesses at the moment. Car dealerships around the world are feeling the pinch, but things will get better soon I hope ;)

Regards,
Frederick
http://1407autopark.com

GM must do more than build good cars. GM must find a path from 'buy American' to 'buy green' and then it must become that path. It must not only find a way to market itself as a premier car company for transportation invested in environmental stewardship, but also create the means for millions of Americans to identify anew with their products as the country embraces a more sustainable economic and cultural story.

At present situation I don't think any one prefer, better to wait for some time.

Rose.

Cash is the best way of paying for a new car as you will have more bargaining power and won't pay interest. But if, like most buyers, you don't have that sort of money to hand, you'll need credit. And even though interest rates are low, showroom finance deals can be expensive.

GM only changed the propulsion system, slightly different then Toyota did many years ago.

I work in the automotive industry and am keenly aware of the bad reputation car dealers have. It frustrates me to hear these stories (and I hear a lot of them) because I genuinely care about my company, and I know that much of our success or failure depends on our dealer network.
http://www.globalrvtrader.com

I work in the automotive industry and am keenly aware of the bad reputation car dealers have. It frustrates me to hear these stories (and I hear a lot of them) because I genuinely care about my company, and I know that much of our success or failure depends on our dealer network.
http://www.globalrvtrader.com

Car are to expensive 44-55,000.00 way to much. I would love to buy a nice car but who wants to pay that much for them. A person could add a new roof or make new additions to their home for that price.Why go into debit for a car that will depreciate once it is driven off the lot. $600.00 payment, gas, insurance way to much for the average person. They make them affordable I will buy.

Dealers need to focus on ensuring that customers are receiving the best quality service for every time they visit the dealership.

Its waste of buying car or automobiles online as there is no information and details. If you get it outside or by seeing or contacting them directly, you can assure the product.

http://www.chiefenterprises.com

Online car buying is very effective as it provide complete information about your favourite car.

I'd go for 2nd hand cars. It is much cost effective..

People go for Used cars — even those that are only one year old — are 20 to 30 percent cheaper than new cars. They always looking for benefits not for anything.

http://autoselect.com/

Used Cars, New Cars, Find your Car, Buy a Car, Sell your Car, Price your Car, New/Old car Prices, Compare Cars, Car buying Tips, Car Financing, Auto Select, Kelley Blue Book

we are purchasing and selling any kind of used cars; well GM is branded card there are no scopes like this.

If the price is cheap enough people will buy anything, especially if it is something lumpy that they could not afford before.

Despite its financial woes, GM is still one of the best vehicle manufacturers in the planet. It is actually quite unsettling when giants like GM fold from financial problems. That makes everyone nervous. Nevertheless, the poor GM sales mean a lot of GM cars in the sales lots, and that could potentially lower the value of these cars, to the benefit of buyers.

In these unstable times, I suggest leasing or renting vehicles rather than owning one. My company offers that here: http://www.van-sales.org/. Visit us sometime.

hell no, i raamatupidamine would look half dead myself when driving that car.

Q: what's the difference between Germans and americans?

A: Germans make cars, Americans make money.

why it matters? because people tend to by cars. whoever makes good cars makes money. GM would have no issues at all if they would actually produce fine automobiles rather then current rubbish. their cars look cheap and discount all the way.


Best Regards
Raamatupidamine,

http://www.araamatupidamine.ee


hell no, i raamatupidamine would look half dead myself when driving that car.

Q: what's the difference between Germans and americans?

A: Germans make cars, Americans make money.

why it matters? because people tend to by cars. whoever makes good cars makes money. GM would have no issues at all if they would actually produce fine automobiles rather then current rubbish. their cars look cheap and discount all the way.


Best Regards
Raamatupidamine,

http://www.araamatupidamine.ee


Searching for a new or used car can be difficult. However, the Internet can be a great resource to help make an informed decision on what vehicle to choose.

Regards,

Rose.

http://www.wheelscene.com/car-buying/car-buying-guide/car-search.aspx

Nope, but mostly because they dont sell anything I want to buy. I like small cars, well designed. Not finding that from GM anyplace. Closest thing is the Saturn Astra, which suffers from a poor choice of engines in its US configuration. Better options abroad.

It's not as if you won't be able to service & maintain the product even if they do go under...

No I never want to buy a car from a dead company. Because If i buy from them and they close company, Where can we found original parts of cars if any broken?
==>> http://www.rzcars.com/blog

Consumers will continue to buy GM products no matter what... I just don't like the fact that GM is crawling on hands and knees to the US Gov't for a handout! Their is something wrong with this distorted picture of capitalism gone bad.

Ya know, I keep seeing articles saying that their biggest problem was not making the small, fuel efficient cars that people want.

Has anyone looked around? The roads are *clogged* with SUVs and mini vans ... because that's what people want!

I get the sense that the authors of those articles are merely inserting their own political agenda into these stories, so as to mesmerize the public into *not* wanting large, safe vehicles.

Don’t forget about Detroit’s other problem: too many dealers and the agreements are too expensive to get out of thanks to state laws. Shutting down Oldsmobile cost over $2B, with the dealership settlements a big part (but it did allow me at the time to pick up a low-mileage 2002 Alero for a song).

A structured bankruptcy with the Feds providing Debtor in Possession (DIP) financing would empty the executive suites, break the dealership agreements, drastically revise the labor agreements, and let GM and Ford get back to health -- they have product the public will buy at the right price. (I think Chrysler is toast because it has little in the development pipeline and no overseas product or sales to draw on. Its investors took a gamble and probably lost.)

As for buying a vehicle from a us company that is made & assembled in Mexico, I did. With the Alero at 160K miles, I bought a 2008 Fusion new during the rebate madness in March 08. I considered Mazda, Subaru, and GM, my wife drives a 2007 I-4 Camry, but the quality and equipment on the V-6 Fusion at the price was too good to pass up and cheaper than the Camry a year earlier.

With DIP, GM could scale down to Chevy/Olds, Cadillac, and Saturn / Pontiac or some combo like that, to fight against the DIP-restructured Ford/Lincoln. There’d be a great selection, fewer dealers, and great value for consumers.

Absolutely no way. I cannot speak for others, but I work long, hard hours for my wage and when I put some of it down on something I need, I need for that purchase to be a good one. There is enough concern, lack of quality and unsurety in the world as it is.
Besides my purchases speak to who I am as a person.

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