Irrelevant Forum

Go Back   Irrelevant Forum > Lifestyle > Cars

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 01-03-2009, 01:26 AM
Senior Member
 
Join Date: Jan 2009
Location: DFW, TX
Posts: 122
Default Car Prices and the Bailout

Does anyone else thing car prices are about to go up with the bailout the government just gave to auto manufacturers?
Reply With Quote
  #2 (permalink)  
Old 01-03-2009, 04:17 AM
Administrator
 
Join Date: Jan 2009
Location: Wylie, Texas
Posts: 90
Default

Why would they go up?
Reply With Quote
  #3 (permalink)  
Old 01-03-2009, 05:57 AM
Senior Member
 
Join Date: Jan 2009
Location: DFW, TX
Posts: 122
Default

Well, the government is going to press them for higher emissions standards and better mileage. Which I think is good. But they will pass that cost along, as with any business. Also, there will be pressure to make up the loan money as quick as possible. I can see the manufactures changing their 7 year loans to 8 or even 9 years to lower monthly payments while being able to increase prices like they did a decade ago by changing for 5 years to 7. Just my opinion.
Reply With Quote
  #4 (permalink)  
Old 01-03-2009, 05:55 PM
Administrator
 
Join Date: Jan 2009
Location: Dallas, TX
Posts: 95
Send a message via AIM to Anthony Send a message via MSN to Anthony Send a message via Yahoo to Anthony Send a message via Skype™ to Anthony
Default

Emission standards are such a joke. Humans produce less than 3 percent of the world's CO2. The rest is largely produces by decaying plants and volcanoes people! I would rather they improve fuel efficiency and not worry about emissions at all. Toyota plans to produce a hybrid that gets 100 miles per gallon. Below is a link to the story:

MSN: The 100 MPG Car Is Coming

Can GM compete against that?
Reply With Quote
  #5 (permalink)  
Old 01-03-2009, 07:38 PM
Junior Member
 
Join Date: Jan 2009
Posts: 20
Default

Why wouldn't they raise prices? They don't have to worry about making money any more because the government will just bail them out. So they just raise prices and don't care if they sell as many cars or not.

I'm just a little bitter about all of the bail outs. Let them all go out of business. If I run my business like an idiot and lose money, I don't think the government will save me.
Reply With Quote
  #6 (permalink)  
Old 01-03-2009, 09:42 PM
Administrator
 
Join Date: Jan 2009
Location: Wylie, Texas
Posts: 90
Default

Prices are determined by supply and demand. I don't think the bailout is going to significantly change the supply and demand structure for the car business. Car prices go up over time, period.
Reply With Quote
  #7 (permalink)  
Old 01-03-2009, 11:02 PM
Administrator
 
Join Date: Jan 2009
Location: Dallas, TX
Posts: 95
Send a message via AIM to Anthony Send a message via MSN to Anthony Send a message via Yahoo to Anthony Send a message via Skype™ to Anthony
Default

Randy is right but if we're going to truly analyze the factors which directly contribute to the price of cars then we also have to look at the prices for the raw materials required such as metal and plastics which have both climbed throughout the better part of 08 and haven't seen much of a decline.
Reply With Quote
  #8 (permalink)  
Old 01-03-2009, 11:28 PM
Member
 
Join Date: Jan 2009
Location: Beaumont, TX
Posts: 32
Default

I'm thinking of buying a donkey.

Price has stayed pretty consistent since the time of Christ.
Reply With Quote
  #9 (permalink)  
Old 01-03-2009, 11:30 PM
Administrator
 
Join Date: Jan 2009
Location: Wylie, Texas
Posts: 90
Default

I won't be buying a new truck for at least another 10 years anyway. I love my Dodge Ram.

And, it's already paid for.
Reply With Quote
  #10 (permalink)  
Old 01-04-2009, 03:06 AM
Administrator
 
Join Date: Jan 2009
Location: Texas
Posts: 392
Default

Quote:
Originally Posted by WFRoby View Post
I'm thinking of buying a donkey.

Price has stayed pretty consistent since the time of Christ.
Now that's freakin' funny.
__________________
"Even though I'm no more than a monster - don't I, too, have the right to live?" -- Oldboy (2003)
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


All times are GMT. The time now is 07:03 AM.


Powered by vBulletin® Version 3.7.4
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.2.0