Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Mark Fowler who wrote (8524)	8/30/2001 12:00:17 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 57684

There is a glut of '98 and '99 model-year cars coming off lease, and the residual prices are $1500-3000 less than the companies planned.

To: Mark Fowler who wrote (8524)	8/30/2001 12:37:47 PM
From: Bill Harmond	Read Replies (3) \| Respond to of 57684

I think I heard David Faber say earlier that carrier capital spending is holding above trend at 19% of revenues.

To: Mark Fowler who wrote (8524)	8/30/2001 5:52:45 PM
From: Libbyt	Read Replies (1) \| Respond to of 57684

>BAC announced that they will take a ...write off (loss) in the upcoming quarter from the sale of auto finance businesses< Something that has changed in the last few years is the home equity line of credit. When considering the need to purchase a car loan or use a home equity loan for the purchase, some accountants might push their clients towards a home equity line of credit. It is my understanding that interest on a home equity loan is a deductible tax expense, but interest on a car loan is not deductible. Nows good time to shop for one. I've been shopping for a new car, and you're right the various dealers are offering many incentives in order to help their sales.