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To: ild who wrote (254921)8/10/2003 9:35:28 PM
From: Earlie  Respond to of 436258
 
Ild:
Car sales are falling off the graph. Big inventories, especially the big gas hogs and SUVs. Dealers getting product shoved down the distribution pipeline that they don't want, but have to take. Yuk.

Also, that huge "lease bubble" is starting to really bulge (residual values on the leases are not even close to the actual used car "comparables") and use car prices continue to fall as more and more folk try to improve their liquidity. Not a pretty sight.

Best, Earlie