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Where the World's Unsold Cars Go To Die
Zero Hedge ^ | 5/16/2014 | Tyler Durden

Posted on 05/17/2014 6:28:49 AM PDT by RightGeek

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To: Oldexpat

There is a lot written on the best way to buy a car. The key for me was to decide on what car my wife and I wanted (mostly my wife) then leave her at home when I went to buy the car.

Buy the car before you really HAVE to have it.

Don’t be afraid to walk out if you have not gotten the deal you want.

I think most people hate buying a car. I see it as a game. I negotiated for 6 hrs. for a car once. Made $7000 for my effort, not bad pay. You have never seen such exhausted salesmen. Also walked out of a dealer ship 3 times before I bought the car on the 4th trip. They kept calling me back to do the deal.


41 posted on 05/17/2014 7:27:01 AM PDT by super7man
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To: super7man

Always make them an offer first. Don’ let them start.


42 posted on 05/17/2014 7:28:08 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: super7man

Always buy a car in the winter when the weather is bad. A Tuesday is good usually a slow day. Rain is good, snow better.


43 posted on 05/17/2014 7:30:22 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Oldexpat; sheana

I am in a rather special area, we are being flooded with new workers in the oil patch, spending their money like drunken sailors in port.

I can wait and this year there is supposed to be a glut of lease cars coming off lease.

The only reason, I looked at a new one is they made real changes for the better in the model I like.


44 posted on 05/17/2014 7:31:52 AM PDT by razorback-bert (Due to the high price of ammo, no warning shot will be fired.)
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To: Uncle Chip

These lots must be where Hollywood movie producers go to get the cars they smash up.
**********************************
In the opening sequence of one of the newer Bond movies they destroyed more than 20 brand new Audi’s (10 or 12 identical copies each of the “2” cars) ... crash and crush ,, write them off as advertising...


45 posted on 05/17/2014 7:33:28 AM PDT by Neidermeyer
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To: RightGeek

I found another one!
Proof positive of a Global Glut on M&M’s: http://static.panoramio.com/photos/large/47321779.jpg
Irrefutable evidence!


46 posted on 05/17/2014 7:33:52 AM PDT by NYAmerican
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To: Jack Hydrazine

“It’s like the ghost cities in China.

Good thought, park ‘em there!


47 posted on 05/17/2014 7:34:37 AM PDT by Average Al
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To: FatherofFive

I don’t believe this. I understand (somewhat) the Chinese ‘ghost’ cities, but why import something for which there is no market?
***************************
The manufacturers produce cars ,, that’s what they do ... they are shipped to the dealers and marked as sold by the manufacturer ,, of course they can only do this as long as the dealers have available credit to “purchase” the cars for their inventory... when they hit the end of that rope the cars pile up in manufacturers lots. After 4-7 months they can no longer hide the fact they have a surplus.


48 posted on 05/17/2014 7:37:18 AM PDT by Neidermeyer
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To: Doctor 2Brains
Stunning that sentiment humans would fall for this.

I don't usually correct doctors, but when I do, I tell them that the word they were looking for was, sentient, not sentiment.
49 posted on 05/17/2014 7:38:37 AM PDT by Delta Dawn (Fluent in two languages: English and cursive.)
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To: Flag_This

With 85 million vehicles produced worldwide and a typical 60 day inventory level in the industry, that’s 15 million or so vehicles sitting around at any given time.

There is anxiety in the auto industry with excess of the usual 60 day supply (up to 90 days in the US). That doesn’t mean any but Government Motors vehicles are being dismantled or being left to rot.


50 posted on 05/17/2014 7:41:36 AM PDT by jjotto ("Ya could look it up!")
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To: RightGeek

Not buying this.


51 posted on 05/17/2014 7:42:14 AM PDT by steelwheels
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To: steelwheels
Not buying this.

You do see the irony in your statement?

52 posted on 05/17/2014 7:44:17 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: RightGeek
If this is true, it is insane. Almost like a government program.

Exactly. The Soviet Union used to do the same thing with tractors and other goods to inflate their production numbers.

53 posted on 05/17/2014 7:53:03 AM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: steelwheels

Not buying this.

**********

Things change. Here’s an example of change coming to Austrialia

http://www.afr.com/p/national/toyota_exit_changes_the_face_of_OA7WtCEFbo8AyVOBx3361M

Toyota exit ‘changes the face of industry’Citing multiple pressures including high
local costs and an unfavourable dollar, Toyota’s global president, Akio Toyoda,
said Toyota would close its manufacturing operations in 2017. Ford and GM Holden
have already declared they will shut down their car-making businesses in 2016.

end snip


54 posted on 05/17/2014 7:53:16 AM PDT by deport
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To: RightGeek
I dunno is this is remarkable if the car is not built close to where it is sold.

Take "America's Car" (the 2015 Toyota Camry). According to the Toyota website, it's available in 4 model lines, with two engines, 9 exterior colors and 2 interior colors, in leather or in cloth. Realizing that not all possible permutations and combinations are available -- but still if Toyota didn't build the cars in Kentucky, it would need a huge inventory in North America to allow each and every combination to be readily available.

55 posted on 05/17/2014 7:53:58 AM PDT by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: central_va
Rear wheel drive cars are superior in every way. Handle balance maintenance etc.

I guess you never heard of snow.

Front wheel drive sucks. How many formula 1 cars are front wheel drive?

Racing? Is that how you drive? Kicking in the turbo on a hairpin turn just so you can get a little tire-spin and drift action? FWD cars don't do that...they just go where you point them.

Besides, F1 cars don't have a big bouncing cast iron rear axle/differential and a driveshaft connected to a front mounted engine. They have a FWD-type drivetrain, mounted right behind the driver.

Ask any race car driver about front wheel drive.

OK, I've seen VW Golfs blow the doors off of 4cyl Mustangs in mini-stocks, their rear wheels bouncing like basketballs. I doubt a MG Midget or other RWD sports car does real well against a Mini Cooper or Golf on a sports car track.

I don't see a lot of RWD cars faring well in Rally Racing...which is hell-bent-for-leather driving, on real bad road conditions.

Speaking of real-world driving conditions; Up here, RWD pickups are so worthless you can barely find one even to buy. In Maine, with the worst driving conditions imaginable, virtually all vehicles are either FWD, 4WD or AWD.

Real-world conditions dictate that.

56 posted on 05/17/2014 7:54:56 AM PDT by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month.)
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To: RightGeek

Hell, if it’s true the end is near. Why engage in a massive, costly deception rather than simply adjust to market reality? HOW could it be done?


57 posted on 05/17/2014 7:56:08 AM PDT by TalBlack (Evil doesn't have a day job.)
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To: central_va

Superbowl Sunday is the best day to buy a car. No customers in sight, and all the sales folks want to leave, early. Made a killing on a new Honda, that day ;)


58 posted on 05/17/2014 7:56:44 AM PDT by jttpwalsh
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To: central_va
If they made cars with more variety then they might sell more. I mean THEY ALL LOOK ALIKE. They have zero personality egg shaped neutermobiles.

They aren't allowed variety. The EPA made sure of that.

59 posted on 05/17/2014 7:58:04 AM PDT by Balding_Eagle (Want to keep your doctor? Remove your Democrat Senator.)
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To: cripplecreek

China is also full of ghost cities and roads to nowhere.


60 posted on 05/17/2014 7:59:44 AM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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