Comments on: Monday’s Articles – New GM Deal http://www.consumerismcommentary.com/2005/08/01/mondays-articles-new-gm-deal/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Flexo http://www.consumerismcommentary.com/2005/08/01/mondays-articles-new-gm-deal/#comment-705 Flexo Fri, 05 Aug 2005 08:40:31 +0000 http://wp.consumerismcommentary.com/?p=427#comment-705 Good point, GM sells cars <i>and</i> provides financing -- a match made in heaven. Good point, GM sells cars and provides financing — a match made in heaven.

]]> By: Jonathan http://www.consumerismcommentary.com/2005/08/01/mondays-articles-new-gm-deal/#comment-704 Jonathan Fri, 05 Aug 2005 08:30:41 +0000 http://wp.consumerismcommentary.com/?p=427#comment-704 Actually, they are probably counting on making money via the loans on those cars, they are almost selling those things to a loss to the dealers. Of course, this makes the residual car value of my GM go to crap. Now I'll have to drive it 'till it dies... Actually, they are probably counting on making money via the loans on those cars, they are almost selling those things to a loss to the dealers.

Of course, this makes the residual car value of my GM go to crap. Now I’ll have to drive it ’till it dies…

]]> By: Flexo http://www.consumerismcommentary.com/2005/08/01/mondays-articles-new-gm-deal/#comment-703 Flexo Tue, 02 Aug 2005 00:29:44 +0000 http://wp.consumerismcommentary.com/?p=427#comment-703 They are counting on the fact that they will be able to make up for the price cuts through volume, which could be a risky bet, especially if the public still prefers "foreign" over "American" (not that those labels are accurate anymore). They are counting on the fact that they will be able to make up for the price cuts through volume, which could be a risky bet, especially if the public still prefers “foreign” over “American” (not that those labels are accurate anymore).

]]> By: Jose http://www.consumerismcommentary.com/2005/08/01/mondays-articles-new-gm-deal/#comment-702 Jose Mon, 01 Aug 2005 23:46:20 +0000 http://wp.consumerismcommentary.com/?p=427#comment-702 At least they are responding to the competitive situation in a way that may avert bankrupcy. However, it is sad that american cars have become the 'cheap, unwanted' car, and foreign cares have became the trusted, desired car. At least they are responding to the competitive situation in a way that may avert bankrupcy.

However, it is sad that american cars have become the ‘cheap, unwanted’ car, and foreign cares have became the trusted, desired car.

]]>