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If the big 3 declare bankruptcy are warranties ok?
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knight0334
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Joined: 22 Aug 2003
Posts: 2234
Location: Neither Here, Nor There

PostPosted: Sun, 23 Nov 2008 15:27:17    Post Subject: Reply with quote View Single Post

edvallie wrote:
knight0334 wrote:
pffftt... anything built today is a waste of money and a piece of crap.

I'd sooner have any pre-1975 US make truck without a computer than some piece of crap that goes from 8 mpg to 3 mpg because a frigging sensor decided to die, or any other overpriced polished turd built today.


I'm of the same mindset, simply because I can't afford anything post-1975 Grin Wave

What do people think of the lowered gas prices in relativity to the auto industry? I think the lower-prices might encourage at least a little more spending towards new vehicles, not having to pay $60 to fill your average tank anymore. It'd be a shame if the big 3 did fold for michigan, our economy is already hurting a lot, maybe we should start focusing on the mediciene field a bit more heavily.


I too cant afford anything new. I've bought a few new cars in my life, but I cant see paying more for a vehicle than my house is worth. Especially when I can buy a $1000-$3000 car that lasts 2-3 years or more. My 10 year vehicle costs are maybe $10K, maybe $12K with repairs and maintenance. Which is less than half of what you'd pay if you bought a new vehicle.

As for the industry, I'd hate to see it turn belly up. I do not like seeing folks lose their jobs, hell even folks I do not like. Not only does it hurt the car builders, it hurts those that make the materials like the steel mill workers, the iron and aluminum miners, the places where they spend their hard earned cash, etc.


Last edited by knight0334 on Mon, 24 Nov 2008 10:26:03; edited 1 time in total
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Little Bruin
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JimBowy
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PostPosted: Mon, 24 Nov 2008 09:09:59    Post Subject: Reply with quote View Single Post

Over the weeekend citibank received a $20 billion bailout but the automakers still dont see a dime. This is what doesn't make any sense to me. Who questions these moves? If the big 3 made bad business decessions how come the same isn't being said for the banks?
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