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#1 |
AMA Supersport
Join Date: Nov 2008
Location: Richmond, Tx
Moto: '10 Tuono Factory
Posts: 4,569
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__________________
ΜΟΛΩΝ ΛΑΒΕ 2014 GROM! 181cc of FURY 2010 Aprilia Tuono Factory - SOLD 2009 SFV Gladius - SOLD 2008 Hayabusa - SOLD. |
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#2 |
AMA Supersport
Join Date: Nov 2008
Location: Richmond, Tx
Moto: '10 Tuono Factory
Posts: 4,569
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__________________
ΜΟΛΩΝ ΛΑΒΕ 2014 GROM! 181cc of FURY 2010 Aprilia Tuono Factory - SOLD 2009 SFV Gladius - SOLD 2008 Hayabusa - SOLD. |
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#3 |
Clit Commander
Join Date: Feb 2008
Location: Las Vegas
Moto: 2012 Ducati 1199 Panigale S
Posts: 4,189
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I'm not surprised.
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Dress for the crash. Not the ride. ![]() |
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#4 |
Moto GP Star
Join Date: Feb 2008
Posts: 12,156
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It's only going to get worse. The car companies are fucked.
Currently I'm leasing a GMC Acadia. The sticker price on it was $37K and I got it for $34K. The residual at the end of the lease is $23K meaning I'm only paying for $11K of vehicle. My lease is on for another year still and the retail value on a 2007 Acadia is under $20K. By the time my lease is up the car will be worth less than $16K and I won't buy it when the lease is up. GMC is going to lose well over $10K on that deal. In the next 1-2 years there will be all these lease returns flooding the market driving the used car price down even further while keeping the demand for new cars low. The auto makers better hold on cause it's going to be a very bumpy ride for the next several years. |
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#5 |
Ride Naked.
Join Date: Feb 2008
Location: Flat and Straight ND
Moto: 08 BUELL 1125R, 05 SV650S
Posts: 7,916
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This is part of the reason why there are currently no good lease deals out there, and probaly won't be for a long time.
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#6 |
Hopster
Join Date: Nov 2008
Location: Austin, TX
Moto: 2009 Buell 1125R
Posts: 4,743
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Think I'll try to hold onto my truck until next year.
It will be refreshing for the dealerships to be bending over backwards to make a sale.
__________________
“Well, obviously before; after was all gendarmes and dick stitches.” |
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#7 | |
Follower
Join Date: Nov 2008
Posts: 5,549
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GM is getting hosed on that deal. |
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#8 |
Moto GP Star
Join Date: Feb 2008
Posts: 12,156
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#9 | |
WSB Champion
Join Date: Nov 2008
Location: Anaheim, CA
Moto: 2009 Kawi ZX6R
Posts: 5,570
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I wouldn't be surprised if the Obama admin imposes a tariff for non-union made automobiles. lol
__________________
Train Hard Ron Paul - 2012 Mark of Excellence GM |
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#10 |
Moto GP Star
Join Date: Feb 2008
Posts: 12,156
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Unions are whats fucking wrong with the auto industry. Paying some uneducated fuck $26 for a job a monkey can do is ridiculous.
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