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Record 13.2% Of Americans Plan To Buy Car Or Truck Soon
IBD's Capital Hill ^ | 2/22/2011 | Ed Carson

Posted on 02/22/2011 11:12:35 AM PST by Slyscribe

The share of Americans planning to buy an auto in the next six months rose to 13.2% this month, easily the highest reading since the Conference Board began tracking this measure in 1978. Auto sales for GM(GM), Ford (F) and others have been hot in recent months.

Auto loan credit approvals for first-time buyers have risen for the first time since the start of the recession, climbing 4.5% since October, LeaseTrader.com said.

(Excerpt) Read more at blogs.investors.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: autos; confidence; economy; housing
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1 posted on 02/22/2011 11:12:44 AM PST by Slyscribe
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To: Slyscribe

Seems most Americans don’t care about the bailouts — that’s too stratospheric for them to see.


2 posted on 02/22/2011 11:14:37 AM PST by HiTech RedNeck (Hawk)
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To: Slyscribe

Idiots.


3 posted on 02/22/2011 11:16:36 AM PST by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: Slyscribe
The share of Americans planning to buy an auto in the next six months rose to 13.2% this month

Too bad most of these autos they are going to buy will be older used models they can afford...

4 posted on 02/22/2011 11:17:20 AM PST by Dixie Yooper (Ephesians 6:11)
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To: Slyscribe

That’s because you can only drive an old Ford Festiva with stick shift for so long before it gives out. Thanks Obama, for the high gas prices!


5 posted on 02/22/2011 11:17:32 AM PST by NorthStarStateConservative (I'm just another disabled naturalized minority vegan pro life conservative.)
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To: Slyscribe

No way I believe this.


6 posted on 02/22/2011 11:18:22 AM PST by Repeal The 17th
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To: Slyscribe

Bet they do NOT!

We have another thing coming and buying a new car will not fit into their plans to survive.


7 posted on 02/22/2011 11:18:26 AM PST by jafojeffsurf (Return to the Constitution.)
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To: Slyscribe

Who are these people kidding?That would be the day I would buy a new vehicle of any type.

As far as I’m concerned NOW is Not the time to buy anything that expensive espechially on credit.

My vehicle is 7 years old and it’s going to have too last a while longer.


8 posted on 02/22/2011 11:18:37 AM PST by puppypusher (The World is going to the dogs.)
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To: Slyscribe

half of them also think sosh security is a good return on ‘investment’ ,the Easter Bunny is real,and
they’re going to win the lottery soon.


9 posted on 02/22/2011 11:26:41 AM PST by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: Dixie Yooper

I’m tradin’ in my Highlander for this;
http://tinyurl.com/4h7m6ze


10 posted on 02/22/2011 11:26:55 AM PST by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: HiTech RedNeck

Watch, they are going to buy Trucks, SUVs, and Minivans again and not the green commie cars.


11 posted on 02/22/2011 11:32:16 AM PST by dila813
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To: Dr. Bogus Pachysandra

Congratulations on finally achieving your lifetime goal of finally owning a Cadillac!


12 posted on 02/22/2011 11:35:03 AM PST by Dixie Yooper (Ephesians 6:11)
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To: Slyscribe
Haven't looked at the promotion deals, have you, hell it is not GMs money, it is the federal reserve, and they are paying people to sign, no money down, deep discount and you can leave with money in your pocket.
13 posted on 02/22/2011 11:35:13 AM PST by org.whodat
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To: Dixie Yooper

It looks like a flying saucer landed on it! Bizarre, to say the least!


14 posted on 02/22/2011 11:40:36 AM PST by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: Slyscribe

Real story is 86.8% Of Americans do not Plan To Buy Car Or Truck Soon, and I am one of them.


15 posted on 02/22/2011 11:43:54 AM PST by NavyCanDo
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To: Dr. Bogus Pachysandra

Too bad it has a reserve, it would have gone for really big money at the Barrett-Jackson auction last month.


16 posted on 02/22/2011 11:44:33 AM PST by Dixie Yooper (Ephesians 6:11)
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To: Slyscribe

Let’s see if their plans change after the incipient stock market crash.


17 posted on 02/22/2011 11:46:36 AM PST by steve86 (Acerbic by nature, not nurture (Could be worst in 40 years))
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To: Slyscribe
Americans Plan To Buy Car Or Truck Soon

Any time now, real soon, any second, probably next week....

18 posted on 02/22/2011 11:49:47 AM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: Slyscribe

No new car for me until I pay off my house(less than 4 yrs now). Here’s hoping my Toyota hangs in there just for several more years.


19 posted on 02/22/2011 11:59:32 AM PST by bigredkitty1 (March 5,2010. Rest in peace, sweet boy. I will miss you, Big Red.)
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To: bigredkitty1

back in debt


20 posted on 02/22/2011 12:05:03 PM PST by scooby321
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