Car dealers fight slow sales after end of Clunkers

AP ^

[kittymyrib]

Exactly the same thing will happen to realtors after the First Time Home Buyers subsidy ends Nov. 30. They better save ever nickle they are earning now, because next year, with a new tidal wave of ARMs coming due in June and July, will be another catastrophic year in housing. If you have a home to sell, better sell it now for whatever you can get, because it won’t get better than this for quite a while.

[ebersole]

“The brainwashing is career long and very effective.”

I’d say it’s an genetic defect aquired during conception and fostered throughout all phases of life. The auto union genetic defect is the strongest though the steel workers are a close second in my opinion. Once a child born into a union household, even obtaining a professional degree and working in the white collar industry does not cure them...they just try and unionize the white collar work group they are in using their union connections.

[DoughtyOne]

I hear ya. I’ve been a Ford man for years, sortof through the back door. We bought a Mercury Villager around 1996, and have leased or purchased three of their other cars (SUVs) since. They’ve been good vehicles. One of them we’ve now driven for nine years. That one will be replaced in a year or so.

[grellis]

If you would like to be added or dropped from the Michigan ping list, please freepmail me.

[SunkenCiv]

The Chrysler dealer in my home town is gone.

[TwelveOfTwenty]

I've searched some dealer inventories and found that many nice cars are still available, so they didn't run out of inventory. And $112,000,000 was unspent when CFC ended, so they didn't run out of money. That tells me they ran out of customers, which is what we're seeing now.