The SUV bubble : Market Getting Flooded With Used
- Thread starter AK-74me
- Start date
R
RadioPatrol
Guest
Ah Huh ... Suckers
losing their a$$ on the SUV's 
My wifes 94 Explorer still does quite well, has been paid off for several yrs now
I laugh my ass off @ people that feel the need to buy "NEW" every couple yrs, just cause something has a few miles in it .... 168k and still on the 1st motor, and just passed VEIP .... 
kom526
They call me ... Sarcasmo
Ah Huh ... Suckers
My wifes 94 Explorer still does quite well, has been paid off for several yrs now
I've always liked the, "It's getting close to 100,000 miles on it, I need to get rid of it." excuse. Now if you were driving a Dodge Chrysler/Plymouth product then I'd understand.
R
RadioPatrol
Guest
I always heard 100k on a Slant 6 was just breaking it in ....
we got 165k on Mom's 88 voyager on the original Trans ... of course the Motor got replaced @ that time as well .... but seemed to need a new top end ... ie bad valve guides every 70k or so ...
GWguy
*
I've yet to see a Voyager of that vintage that wasn't spewing smoke due to bad engine parts.... they are slowly coming off the road as they die.
Related Story
ABC News: GM Closures Hit Plant Towns Hard
I heard about this on the news last night. Apparantly GM is closing a couple plants in Canada too.
The greenie part of me thinks "about time they stopped making these gas guzzlers", but the more populist side can't help but be angry at GM for their lack of foresight costing so many people their livelihoods.
The big 3 have put too much emphasis on SUVS as profit making machines for the last decade and were not thinking far enough ahead. Toyota produced it's first Prius 10 years ago. Now Detroit has lost considerable market share to foreign auto makers ...again. I know that most Asian model cars are actually made here now, so it's not as if buying a Toyota or Honda means your supporting overseas jobs vs US jobs anymore. But think of all the small towns that were built up around US autoplants 40-50 years ago. Hey GM....how about building something else in those factories? It may mean some job losses at the plants, but that would be far better than the complete shutdowns that threaten to destory entire towns.
ABC News: GM Closures Hit Plant Towns Hard
I heard about this on the news last night. Apparantly GM is closing a couple plants in Canada too.
The greenie part of me thinks "about time they stopped making these gas guzzlers", but the more populist side can't help but be angry at GM for their lack of foresight costing so many people their livelihoods.
The big 3 have put too much emphasis on SUVS as profit making machines for the last decade and were not thinking far enough ahead. Toyota produced it's first Prius 10 years ago. Now Detroit has lost considerable market share to foreign auto makers ...again. I know that most Asian model cars are actually made here now, so it's not as if buying a Toyota or Honda means your supporting overseas jobs vs US jobs anymore. But think of all the small towns that were built up around US autoplants 40-50 years ago. Hey GM....how about building something else in those factories? It may mean some job losses at the plants, but that would be far better than the complete shutdowns that threaten to destory entire towns.
kwillia
n/a
The article I read yesterday said that about 10,000 would lose their jobs at the plants that are closing, but that the vast majority would be able to walk into new jobs at other plants because there are 19,000 about to take the early retirement offer GM proposed a while back.
GWguy
*
Not entirely true. The public WANTED bigger vehicles, the companies responded to consumer demands. It's isn't up the the car companies to dictate to the public what they will and will not have. The govt does that job well enough.
That's good to hear. I just wonder about the other jobs in these towns that are going to be affected by the plant closures and so many pulling up stakes. Stores, restaraunts, schools, services, etc.
aps45819
24/7 Single Dad
Every single business in America exists for the same purpose, to produce a PROFIT for it's owners.
The only business that's run as a charity and able to sustain itself is our government.
of course they do it by confiscating the property of the citizens, GM doesn't have this ability.
CableChick
Loved
I had looked into buying a newer car because of "gas mileage/cost" issues. After putting it down on paper, it made no sense to purchase a new car and get into 5 more years of payments.
My mini-van is 3 years old.
It has 60K miles on it.
That's an avg of 20K a year.
I get on avg. 20 mpg.
That's about 1,000 miles a year.
@ $4/gallon that's $4000 a year I pay out in gas. Not worth putting out the $$ for a new car for 5 more years that only gets about 10/15 more mpg.
My mini-van is 3 years old.
It has 60K miles on it.
That's an avg of 20K a year.
I get on avg. 20 mpg.
That's about 1,000 miles a year.
@ $4/gallon that's $4000 a year I pay out in gas. Not worth putting out the $$ for a new car for 5 more years that only gets about 10/15 more mpg.
But why not retool existing plants in towns where they are established rather than build new ones from the ground up?
I always wondered why companies like Toyota didn't buy up defunct US automakers plants and retrofit them. Is this something that would have been more expensive than starting from scratch? If it were possible think of both the economic and environmental impact that would have.
chernmax
NOT Politically Correct!!
Not surprised, when we purchased our SUV 4 years ago the first things we looked for were safety and gas mileage. Our Chevy Trailblazer LTZ gets better gas mileage than some cars 22mpg highway 17mpg city. Not bad considering it has a 4.2L inline 6 with a K&N Cold Air Intake system with 282hp...
aps45819
24/7 Single Dad
They would have an old building with old equipment in a state that guarantees every job in the plant will be union.
Much more expensive than a new plant in TN.
I guess that's true, and there are areas in TN that really need the jobs.
The area my relatives live in lost jobs to foreign labor when the H.I.S. factory(company that makes Cherokee, Chic Jeans, etc) closed down.
Wonder when the unions will wake up and realize that they need to be working towards protecting their members jobs, period, rather than simply fighting over wages. Fair treatment and compensation is what they should be working for. Adversarial relations with the company doesn't do either any good.
chernmax
NOT Politically Correct!!
It's also because the Auto Worker Unions would never let auto manufactures make super efficent plants like this!!!
A must see video in efficency!!!
detnews.com | Webvideo | Ford's most advanced assembly plant operates in rural Brazil
A must see video in efficency!!!
detnews.com | Webvideo | Ford's most advanced assembly plant operates in rural Brazil