Mish's Global Economic Trend Analysis Message Board

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

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To: mishedlo who wrote (14195)	10/28/2004 2:02:56 PM
From: TH	Read Replies (1) of 116555

mish, Some anecdotal automotive stuff from this week. 1. I inquired about the new Ford Mustang at the local dealership. I informed them I get X and A plan (industry and family discounts below dealer invoice). Response from the salesman: I'm at lunch right now and dealers don't have to accept those plans (this was news to me). Mustang is going to be like PT Crusier and you can get on the list. Paraphase this as F* Y! I mentioned I was also interested in an SUV and he bolted out of his chair. Completely different guy in 15 seconds. 2. At the Lincoln Mercury dealer I was confused by the amount of information they were willing to share with me. I was told that they would give me the bigger rebate if they are announced during the 8 weeks or so it takes to build my order. I asked if they expected that to actually happen. His exact words were, "they are going to have to do something cause this stuff is not moving". Both showrooms were DEAD. I mean no one in the place. I require an SUV for a work reason, otherwise I would not be interested in these gas hogs. I think the incentives for this segment of the market are going to increase dramatically in the next few months. GT TH

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