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Going to drive used car prices down eh? Aren't a lot of people complaining that used car prices are too high anyway? I see this as a sign that the industry may be hitting a tipping point, where the price of used cars has gotten so high that it makes more sense to simply buy new. I would expect GM to try and take advantage of such a situation ... if they can do so profitably.
Also, I would think that incentives are a lot more affordable for GM than they were a few years ago. The cost of labour has gone down substantially while the value of their product has gone up. So its not as bad as it once was. It also depends on what they're spending money on.
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Note, if I've gotten any facts wrong in the above, just ignore any points I made with them
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Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors......
........and HE WOULD KNOW!!!!
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Camaro Fest sub-forum
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