Comments on: New car sales to plunge even further in 2009 http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html Car news, reviews, and specs for the auto-industry Fri, 10 Feb 2012 22:36:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Lariat Luxury Locomotive Liner No.3 http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html#comment-412701 Lariat Luxury Locomotive Liner No.3 Fri, 10 Oct 2008 00:23:27 +0000 http://www.leftlanenews.com/?p=10292#comment-412701 GM is such a juggernaut that a bounce back realistically might not happen. No joke. GM is such a juggernaut that a bounce back realistically might not happen. No joke.

]]> By: NipponRules http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html#comment-412642 NipponRules Thu, 09 Oct 2008 20:26:06 +0000 http://www.leftlanenews.com/?p=10292#comment-412642 Better hope Detroit survives this. The talk won't be recession more like depression. Better hope Detroit survives this. The talk won’t be recession more like depression.

]]> By: yarddog82abn http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html#comment-412617 yarddog82abn Thu, 09 Oct 2008 19:06:56 +0000 http://www.leftlanenews.com/?p=10292#comment-412617 Old news, I read this report last week, and it'll be more like mid after every one get's there tax return, every year 08% of Americans use there tax return to buy a car, that's when we'll see sales go up again... just ask NADA, they'll tell you... Old news, I read this report last week, and it’ll be more like mid after every one get’s there tax return, every year 08% of Americans use there tax return to buy a car, that’s when we’ll see sales go up again… just ask NADA, they’ll tell you…

]]> By: Lariat Luxury Locomotive Liner No.3 http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html#comment-412580 Lariat Luxury Locomotive Liner No.3 Thu, 09 Oct 2008 17:08:35 +0000 http://www.leftlanenews.com/?p=10292#comment-412580 <a href="http://www.marketwatch.com/news/story/story.aspx?guid=%7BC503DCF6%2D2571%2D42CD%2DAFA4%2D682958304034%7D&siteid=rss" rel="nofollow">GM falls to 1950 levels; European sales stung</a> GM falls to 1950 levels; European sales stung

]]> By: ktulu http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html#comment-412570 ktulu Thu, 09 Oct 2008 16:55:22 +0000 http://www.leftlanenews.com/?p=10292#comment-412570 The Obamster will claim his throne in less than a month. 2008 will be the worst year for new car sales in nearly two decades (the popolation is a lot bigget than '88). I think people who have really old cars will buy nu. But I think the # of poeple whi trade in a 5 year old Malibuor civic will drop severly. It is better to hold-on to what you have and run it into the ground until the economy gets nbetter. LLN’s should admit that da new site is not working & either redisign it or go back 2 da way it was b4, like CFB should do with tyhe bowl suystem. I do not klike the Watchtower? the Gr8 Depression could B just around da corner. unemployment & welfare don't make † 4 the $ a good job brings in. not many of us really pay cash up front without financing. paying cash 4 a car is smart. Unless you're paying cash sted taking a 0% loan. The Obamster will claim his throne in less than a month.

2008 will be the worst year for new car sales in nearly two decades (the popolation is a lot bigget than ’88).

I think people who have really old cars will buy nu. But I think the # of poeple whi trade in a 5 year old Malibuor civic will drop severly.

It is better to hold-on to what you have and run it into the ground until the economy gets nbetter.

LLN’s should admit that da new site is not working & either redisign it or go back 2 da way it was b4, like CFB should do with tyhe bowl suystem.

I do not klike the Watchtower?

the Gr8 Depression could B just around da corner.

unemployment & welfare don’t make † 4 the $ a good job brings in.

not many of us really pay cash up front without financing.

paying cash 4 a car is smart. Unless you’re paying cash sted taking a 0% loan.

]]> By: jonmiles http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html#comment-412512 jonmiles Thu, 09 Oct 2008 14:09:29 +0000 http://www.leftlanenews.com/?p=10292#comment-412512 Only morons pay cash for cars. If you had any brains, you would have better uses for your cash. Having equity in your car is like driving around with suitcases of money in the trunk; totally pointless. Only morons pay cash for cars. If you had any brains, you would have better uses for your cash. Having equity in your car is like driving around with suitcases of money in the trunk; totally pointless.

]]> By: MercMark http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html#comment-412503 MercMark Thu, 09 Oct 2008 12:13:03 +0000 http://www.leftlanenews.com/?p=10292#comment-412503 Howsmydriving what do you do for a living? And are you hiring? Because I'll bet the percentage that buy new cars with cash (not home equity or the like) is under 5%. Howsmydriving what do you do for a living? And are you hiring?
Because I’ll bet the percentage that buy new cars with cash (not home equity or the like) is under 5%.

]]> By: howsmydriving http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html#comment-412498 howsmydriving Thu, 09 Oct 2008 11:10:49 +0000 http://www.leftlanenews.com/?p=10292#comment-412498 "How many % of us really pay cash up front without financing?" Me. “How many % of us really pay cash up front without financing?” Me.

]]> By: sharpie http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html#comment-412496 sharpie Thu, 09 Oct 2008 10:15:36 +0000 http://www.leftlanenews.com/?p=10292#comment-412496 Yeah everything is down, including salary. For some, that number has gone to $0 when you lose your job (unemployment and welfare notwithstanding). It's still better to have a small car now than a gas guzzler, it will leave more green in your pocket. The fact is that trucks were not selling because of oil price, now nothing is selling because of credit freeze. How many % of us really pay cash up front without financing? So this really has nothing to do with oil price. When the market becomes healthy and barrels of oil get traded as securities, you will see oil price go up again and small car then is still the answer. Bad news or not, with two months to spare in 2008, it is more likely that 2009 is going to be worse because of the tightened credit market. No financing = no new car. Yeah everything is down, including salary. For some, that number has gone to $0 when you lose your job (unemployment and welfare notwithstanding).

It’s still better to have a small car now than a gas guzzler, it will leave more green in your pocket. The fact is that trucks were not selling because of oil price, now nothing is selling because of credit freeze. How many % of us really pay cash up front without financing? So this really has nothing to do with oil price.

When the market becomes healthy and barrels of oil get traded as securities, you will see oil price go up again and small car then is still the answer. Bad news or not, with two months to spare in 2008, it is more likely that 2009 is going to be worse because of the tightened credit market. No financing = no new car.

]]> By: manarc250 http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html#comment-412481 manarc250 Thu, 09 Oct 2008 04:21:57 +0000 http://www.leftlanenews.com/?p=10292#comment-412481 Less than three months ago all the reports said Oil was heading for 200 dollars a barrel by this fall. Small cars were all the rage and trucks were out and this would be the way of the future. Experts agreed. Now oil is down in the 80's, gas is coming down, and nothing is selling. Experts predict now that the Great Depression has returned. In the next 90 days we will have a new president, bailouts will have actually hit the market, and rates will be very very low. No one has any clue what will really happen but those with the worst news will get noticed. Good news doesnt sell so dont expect any from the media. Less than three months ago all the reports said Oil was heading for 200 dollars a barrel by this fall. Small cars were all the rage and trucks were out and this would be the way of the future. Experts agreed. Now oil is down in the 80′s, gas is coming down, and nothing is selling. Experts predict now that the Great Depression has returned. In the next 90 days we will have a new president, bailouts will have actually hit the market, and rates will be very very low. No one has any clue what will really happen but those with the worst news will get noticed. Good news doesnt sell so dont expect any from the media.

]]> By: johnnycanuck http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html#comment-412476 johnnycanuck Thu, 09 Oct 2008 03:56:54 +0000 http://www.leftlanenews.com/?p=10292#comment-412476 Who in the name of all things automotive is 'Global Insight' and why should I take any prognostications coming from said authority any more seriously than I would the guy in a trench coat hiding in the darkest bowels of a strip mall holding sweat stained copies of Watchtower? Let me offer up some 'Global Insight': the strong will survive and excuses are for losers. Who in the name of all things automotive is ‘Global Insight’ and why should I take any prognostications coming from said authority any more seriously than I would the guy in a trench coat hiding in the darkest bowels of a strip mall holding sweat stained copies of Watchtower? Let me offer up some ‘Global Insight’: the strong will survive and excuses are for losers.

]]> By: beatusmongous http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html#comment-412464 beatusmongous Thu, 09 Oct 2008 03:04:13 +0000 http://www.leftlanenews.com/?p=10292#comment-412464 And in other news, LLN's new site continues to suffer with server issues and loading problems... And in other news, LLN’s new site continues to suffer with server issues and loading problems…

]]> By: Lariat Luxury Locomotive Liner No.3 http://www.leftlanenews.com/new-car-sales-to-plunge-even-further-in-2009.html#comment-412450 Lariat Luxury Locomotive Liner No.3 Wed, 08 Oct 2008 22:53:31 +0000 http://www.leftlanenews.com/?p=10292#comment-412450 Of course sales will continue to go down. Unless you're wealthy why would you purchase another automobile only to see its residual value in the depths of hell by the time you make the last payment? You wouldn't. It is better to hold-on to what you have and run it into the ground until the automobile industry addresses all the real issues of ownership—starting with cost per mile. Of course sales will continue to go down. Unless you’re wealthy why would you purchase another automobile only to see its residual value in the depths of hell by the time you make the last payment? You wouldn’t. It is better to hold-on to what you have and run it into the ground until the automobile industry addresses all the real issues of ownership—starting with cost per mile.

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