Results 171 to 180 of 188
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December 28th, 2008 08:42 PM #171
IMO, the reason why they have to raise prices (japanese brands) is coz of the strong yen
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December 29th, 2008 03:02 AM #172strong yen? diba sir mahina yen? just update me nalang, di ko na kasi alam palitan since i don't care about that much since la din naman ako ipapapalit hehe.
if you guys say na tatamaan tayo crisis by 2009 and car prices would drop down. my question is: would their prices be like 50%-off (or more) katulad dun sa mga unsold cars sa US?
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December 29th, 2008 02:24 PM #173
strong yen po.
http://finance.yahoo.com/echarts?s=U...urce=undefined
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December 31st, 2008 04:23 PM #174
Can't sell cars coz of lack of financing?
NO problem
the US govt bailed out GM's financing affiliate GMAC
they injected capital into GMAC so GMAC can make car loans so GM can sell cars
Plus..
GMAC offers zero percent financing
and to gain more customers, GMAC lowered lending standards, allowing customers with lower credit rating to qualify
excellent
subprime lending for autos
http://www.reuters.com/article/busin...=10276&sp=true
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December 31st, 2008 05:34 PM #176
their goal is to keep GM alive...
at the expense of US taxpayers
the capital injected into GMAC is taxpayer money
GMAC will be making car loans with taxpayer money so GM can sell cars
the taxpayers are risk if the car buyers default on their loan payments
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December 31st, 2008 05:40 PM #177
iba po dito
iba sa States, ok?
people there can't even get financing to buy cars with big discounts
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dito, car price increase is coz of the strong yen (Japan brands)
if you are talking about the price of a car being more expensive if it's acquired thru financing, syempre... may interest eh
and wala problema sa car financing dito... nagpapautang ang mga bangko dito, di tulad sa States
mas gusto ng car dealers ang bumibili thru financing kasi meron dealer's incentive (bonus from banks)Last edited by uls; December 31st, 2008 at 05:51 PM.
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December 31st, 2008 06:09 PM #178
so if u buy something online or from a direct importer really cheap and i saw the same thing being sold in a store at almost 1.5X to 2X the price, it's coz of "financing"?
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December 31st, 2008 06:17 PM #179
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December 31st, 2008 11:58 PM #180
just to interject some info on jim rogers.
there was a time that his fund (i forget the name) earned so much like a 1800% return (not a typo). he made so much money that he "retired" at the age of 37 to travel around the world. He created the first commodities index fund about a decade ago which significantly outperformed the market until recently. Maybe somewhere in between he delved into acting (he was kind of a good-looking dude in his younger years).
He now resides in Singapore. He says it's like living in New York at the turn of the century, i.e., Asia is where the action will be moving forward.
Haha that's true. People entering the roundabout charge into it as if they have the right of way,...
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