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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (38915)	8/22/2010 3:27:10 PM
From: Paul Senior	1 Recommendation Respond to of 78670

Yes, seems like a political-type IPO. OT: Those discount things are one of the reasons I dislike shopping for GM cars. Everybody but me seems to qualify for something and get better pricing. Recent college grad and first car purchase? Special deal. A Pontiac or Saturn owner? Take $1000 off list A '99 or newer Lexus owner or lease holder? Take $1000 off list. Are you a qualified credit union member? Take $500 off list. Are you a USAA member? Take $750 off. Are you a GM employee or GM employee "friend" or family member? Special pricing for you. Do you work for a supplier company to GM? Special pricing for you too. (Not saying these "special prices" are worth anything now though with end-of-model year discounts and overall discounts off list. Sometimes they very well are worth taking advantage of though, if you qualify and want a GM product.) Just sour grapes on my part. I guess good car shoppers would deal from invoice price, not list price, so these discounts from list would possibly be irrelevant. Still for me, knowing these "discounts" abound for which I don't qualify, it's one more reason I have a bad feeling about GM when I'm looking to buy new cars.