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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Patricia Trinchero who wrote (173748)12/27/2008 7:50:29 PM
From: energyplayRead Replies (2) of 306849
 
Watching TV across a number of channels last night, over 60% of the commercials were for cars or trucks - many promoting BIG price cuts, cash back at low finance rates (as much as $6000!), zero or near zero percent financing, XXX thousand off MSRP, etc.

I assume the manufacturers are reimbursing the dealers to some degree for these discounts in order to "share the pain"
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