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Originally Posted by MT's#1Customer!
It was reported on Fox News yesterday. GM just announced that sales were up 30% in June, so an "insider industry expert" that was interviewed was reporting that Chrysler was already working on a game plan and that Ford was one-step behind. In fact, if I were in the market for a new car, I would wait for these new programs.
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The only problem imo with these prices are that when they end the sales, their cars sales are going to tank even further. Its just like the rebates, its a viscous cycle.
Toyota and Honda have proven that people are willing to pay near full MSRP and no rebates for a good product that is proven to last.
The other thing is people fail to realize that the car they are buying for 2K under invoice new will be worth half that in two years. Where Toyota and Hondas and other companies with little or no rebates hold their value very well.
GM, Ford, and Chrysler (to a smaller extent) need to make better cars that are equally powered, styled well, built well, and at a slightly lower price and they will at least come and look.