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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.
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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? |
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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. |
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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.
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Quote:
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) |
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