Re: S.U.V's found abandon
 

<jcd1234@kattare.com> wrote in message
news:1124465220.501518.167740@g43g2000cwa.googlegr oups.com...
> Those people cannot afford SUVs to begin with. Most of them take out
> 60 month, 72 month, or even 96 month loans to pay for them. Rising gas
> prices will stretch many to the limit (not that they're not already
> there anyway), and they will default on their car loans. You
> overestimate the intelligence of the average consumer.

In the majority of cases, this is indeed true. One of my co-workers has a
workout partner at his gym who's a sales manager at a GMC/Pontiac/Buick
dealership. He said that roughly 95% of the people that purchase SUVs at
that dealership finance anywhere from 95% of the sale price to 120% when
they're "upside down" with their trade-ins. The guy said that it just amazes
him on a daily basis "how financially f'ed up these people are--yet they're
wanting to buy a ~$38,000.00 SUV that gets HORRIBLE gas mileage." He said
that there were "a few exceptions where someone will plop down cash for one
of these beasts".

Ron M.

Re: S.U.V's found abandon
 

<jcd1234@kattare.com> wrote in message
news:1124465220.501518.167740@g43g2000cwa.googlegr oups.com...
> Those people cannot afford SUVs to begin with. Most of them take out
> 60 month, 72 month, or even 96 month loans to pay for them. Rising gas
> prices will stretch many to the limit (not that they're not already
> there anyway), and they will default on their car loans. You
> overestimate the intelligence of the average consumer.

In the majority of cases, this is indeed true. One of my co-workers has a
workout partner at his gym who's a sales manager at a GMC/Pontiac/Buick
dealership. He said that roughly 95% of the people that purchase SUVs at
that dealership finance anywhere from 95% of the sale price to 120% when
they're "upside down" with their trade-ins. The guy said that it just amazes
him on a daily basis "how financially f'ed up these people are--yet they're
wanting to buy a ~$38,000.00 SUV that gets HORRIBLE gas mileage." He said
that there were "a few exceptions where someone will plop down cash for one
of these beasts".

Ron M.

Re: S.U.V's found abandon
 

On Thu, 18 Aug 2005 22:01:34 -0700, "Brad Taylor" <BradTaylor@ev1.net>
wrote:

>Of course you beleive all the liberal press krap. You sound like a no
>brainer yourself.

1) top posting is a no-no.

2) very little press in the Us is liberal. It is aminly controlled by
a few conglomerates, with heavy political allegences to one or the
other of the main parties - this is something clearly evident back in
October.

3) am i a liberal? well, if you mean am i a free-thinking person who
doesn't let the preconceptions of others contrain me into a narrow
thought pattern, then yes, i am. (that IS what liberal means, you
know. How the hell americans have come to be convinced, as you
obviously are, that free and independant thought is a bad thing, i'll
never know.

>
>> Americans just need to get their heads out of their collective arses,
>> stop whining, and live with it. I mean, when you elect an oil
>> president, of course oil prices will rise. Duh. its an utter no
>> brainer. Grow up, get over it, welcome to the real world.
>>
>

Re: S.U.V's found abandon
 

On Thu, 18 Aug 2005 22:01:34 -0700, "Brad Taylor" <BradTaylor@ev1.net>
wrote:

>Of course you beleive all the liberal press krap. You sound like a no
>brainer yourself.

1) top posting is a no-no.

2) very little press in the Us is liberal. It is aminly controlled by
a few conglomerates, with heavy political allegences to one or the
other of the main parties - this is something clearly evident back in
October.

3) am i a liberal? well, if you mean am i a free-thinking person who
doesn't let the preconceptions of others contrain me into a narrow
thought pattern, then yes, i am. (that IS what liberal means, you
know. How the hell americans have come to be convinced, as you
obviously are, that free and independant thought is a bad thing, i'll
never know.

>
>> Americans just need to get their heads out of their collective arses,
>> stop whining, and live with it. I mean, when you elect an oil
>> president, of course oil prices will rise. Duh. its an utter no
>> brainer. Grow up, get over it, welcome to the real world.
>>
>

Re: S.U.V's found abandon
 

T.E.R.M.S............That's the magic word for people with no money in the
bank . My dad always told me buy it if you got the money , if you don't have
the money don't buy it . Pretty simple actually .


"Ron M." <nobody@nowhere.net> wrote in message
news:11gedolrbdip37f@corp.supernews.com...
> <jcd1234@kattare.com> wrote in message
> news:1124465220.501518.167740@g43g2000cwa.googlegr oups.com...
>> Those people cannot afford SUVs to begin with. Most of them take out
>> 60 month, 72 month, or even 96 month loans to pay for them. Rising gas
>> prices will stretch many to the limit (not that they're not already
>> there anyway), and they will default on their car loans. You
>> overestimate the intelligence of the average consumer.
>
> In the majority of cases, this is indeed true. One of my co-workers has a
> workout partner at his gym who's a sales manager at a GMC/Pontiac/Buick
> dealership. He said that roughly 95% of the people that purchase SUVs at
> that dealership finance anywhere from 95% of the sale price to 120% when
> they're "upside down" with their trade-ins. The guy said that it just
> amazes
> him on a daily basis "how financially f'ed up these people are--yet
> they're
> wanting to buy a ~$38,000.00 SUV that gets HORRIBLE gas mileage." He said
> that there were "a few exceptions where someone will plop down cash for
> one
> of these beasts".
>
> Ron M.
>
>

Re: S.U.V's found abandon
 

T.E.R.M.S............That's the magic word for people with no money in the
bank . My dad always told me buy it if you got the money , if you don't have
the money don't buy it . Pretty simple actually .


"Ron M." <nobody@nowhere.net> wrote in message
news:11gedolrbdip37f@corp.supernews.com...
> <jcd1234@kattare.com> wrote in message
> news:1124465220.501518.167740@g43g2000cwa.googlegr oups.com...
>> Those people cannot afford SUVs to begin with. Most of them take out
>> 60 month, 72 month, or even 96 month loans to pay for them. Rising gas
>> prices will stretch many to the limit (not that they're not already
>> there anyway), and they will default on their car loans. You
>> overestimate the intelligence of the average consumer.
>
> In the majority of cases, this is indeed true. One of my co-workers has a
> workout partner at his gym who's a sales manager at a GMC/Pontiac/Buick
> dealership. He said that roughly 95% of the people that purchase SUVs at
> that dealership finance anywhere from 95% of the sale price to 120% when
> they're "upside down" with their trade-ins. The guy said that it just
> amazes
> him on a daily basis "how financially f'ed up these people are--yet
> they're
> wanting to buy a ~$38,000.00 SUV that gets HORRIBLE gas mileage." He said
> that there were "a few exceptions where someone will plop down cash for
> one
> of these beasts".
>
> Ron M.
>
>