[MeneMeneTekelUpharsin]

Used car market falling really fast. Prices are coming down so fast it's making me nervous.

[John Beresford Tipton]

So, Mr. Ford, I guess you're telling me *NOT*
to rush out and buy because prices are coming down?

[Chi-townChief]

Maybe it's finally time to look at some new cars.

[Just another Joe]

Maybe I've finally waited them out.

[Capitalist Eric]

deflation, man... deflation.

You think it's bad NOW? LOL... "You ain't seen nothin' yet..."

Instead of ponying up $25K for a marginal sedan for my next business car, I'll buy a two year-old Corvette with <30,000 miles... gets 30+ MPG on the highway and still goes like a rocket-ship, removable hardtop, leather and all the rest of the goodies... Show me a new car- any new car- that offers that kind of a deal!!!

FReegards,

[smith288]

I think ill just get late model used cars, they are cheaper and look just as good.

[Extremely Extreme Extremist]

FORD: FIXED OR REPAIRED DAILY

[Redbob]

Be interesting to see how prices do on the new Ford pickup - it was designed primarily under the direction of Jaq Nasser, and is widely known to cost over $1000 more to build (per truck!) than the model it replaced.

Ford is hurting with that albatross around it's neck, but no cost was too great to get rid of Nasser.

[ken5050]

Look, the big three screwed the pooch after 9/ll with their collective 0% financing...all they accomplished was to accelerate three years future demand into one year....where they are REALLY getting hurt is in two areas..leasing, and used car sales...because as new car priced drop...used car prices, and the assumed residual value of cars coming OFF lease..fall further...the absolute best deals NOW are on luxury SUV's just coming off lease.....you can steal them..

[bmwcyle]

Cars have been overpriced for years. They are now making cars that last longer and the used market has a glut. Supply, demand, and competition are taking place. This might give the big boys the move to set themselves apart and design new ideas for profit.

[AdamSelene235]

Look at a chart of the price of automobiles since 1980. Looks like a bubble to me. But will the price of cars collapse anytime soon? Case closed!

Ping !!

[ninenot]

You are weighed in the balance and found wanting....and on that night, was Ford the king slain, and his kingdom divided.

It's my understanding that "off-lease" cars are now discounted to 50% of their projected value. In other words, if it came off lease with a PROJECTED value of $16K it's gonna sell for $8K.

And there's a LOT of iron sitting around Milwaukee-area used car lots.

[AdamSelene235]

Look at a chart of the price of automobiles since 1980. Looks like a bubble to me. But will the price of cars collapse anytime soon? Case closed!

Ping !!

[AdamSelene235]

Look at a chart of the price of automobiles since 1980. Looks like a bubble to me. But will the price of cars collapse anytime soon? Case closed!

Ping !!

[ServesURight]

Ford is a company truly at the crossroads.

[Defender2]

When automobile prices approach the cost of purchasing a home, what else could the automotive industries expect?
they've been pricing themselves right out of the market.

[Freebird Forever]

extra cost cuts above the planned $500m

Does Ford have a contract to negotiate with the UAW in the near future? Perhaps their looking for concessions.

[Abe Froman]

I suppose this doesn't apply to Japanese cars----the falling dollar would cause the price of those to go up, right? Darnit, I had my eye on that new Subaru WRX STi.....

[maxter]

Just bought a new Ford Ranger XLT last weekend, $3,000 rebate, additional discounts, free bedliner, full tank of gas and they beat the lowest rate for financing my credit union was offering. From our experience, Ford is wheeling and dealing. Felt real good about it. First time in a long time I've bought a vehicle without feeling like I got screwed.

[38special]

FIRST ON RACE DAY
My New Ford

[Nov3]

Fords bonds are just above junk status according to an article a few months ago. This won't help