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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: CalculatedRisk who wrote (783)	2/26/2004 7:48:15 PM
From: mishedlo	Read Replies (1) of 116555

Cars: from Steve on the FOOL I happened to notice some auto dealer ads in today's Free Press (copy laying in the break room at work) New Chevy Cavilier coupe $9,100. New Chevy Aveo $7,089. Granted the advertised prices are with "A" plan discount, but even someone who works for a GM vendor, like me, gets "Z" plan so could get close to the advertised prices. Dealers are again advertising lease pull aheads so people can turn in a car 8 months early and get a new ride. Ford's lastest gimic is "Flexbuy" A whole new way to buy a new Ford Taurus. For the first three years of your loan Ford will reduce your monthly payment and the remaining 30 payments will be at a slightly higher price. Which means eligible A/Z/D-Plan employees can buy this well-equipped 2004 Taurus SE for just $195 a month . . . First three years payment, $195 Remaining 30 month payments, $245 With $1000 down. Now, with FleX Buy you can get more than you might . . . E X PECT thinkfordfirst.com lessee... $1,000 down + 195 X 36 + 245 X 30 = $15,370 for a Taurus with a sticker of $20,890....Bill Ford is freaking desperate to unload iron. Steve

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