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Politics : DON'T START THE WAR -- Ignore unavailable to you. Want to Upgrade?


To: Patricia Trinchero who wrote (16527)3/7/2003 5:56:15 PM
From: techanalyst1  Read Replies (1) | Respond to of 25898
 
But the price of used cars is down because of too much supply.

Almost all those who were taking up the 0% financing traded in older vehicles. The dealers around here have so much supply it's amazing.

I think once UAW contract is up, GM tries to cut production. Right now they pay workers almost as much if they don't work as the ones who do. Might as well try to eek out a little profit out of a car than pay a worker to stay home. Meanwhile............. more supply of older cars keeps coming on from trade ins.

Hondas retain their value cuz they are virtually unkillable if maintained. Mine drives as well as when I bought it and I'm not admitting how old it is or how many miles are on it. LOL!