![]() |
| EEK! Why Are Used Car Prices Going Up???? |
| Funny you should ask that.
Remember Mr. Glemm's 2:00 pm macro-economics class that you slept
through because you partied all night and just went into a grand mal
food coma from lunch? Well, that lesson on 'supply and demand' delivered
in his mono-tone voice that could have lulled amphetamine addicts to
sleep is the basic answer as to why used car prices are going up. See, because of the economy (and the economic hellfire/brimstone/flood/famine/pests preached by the media), people are afraid to spend money. That means they aren't following their usual trade-in-two-years ritual and that means there are fewer used cars out there for us used car dealers to buy. OR, new car dealers have to keep those trades to "retail out of 'em" (i.e. they valued the trades too high to make the deal on the new car and can't sell them on the wholesale market)...so we don't see them, yet they are still priced high. The vehicles we do see that become available to us are going further and further up in price - there just aren't as many of them out there these days. And we're paying through the nose for nice, clean cars. (There are still cheap junkers out there, but they're not at Georgetown Motors.) Unfortunately, if we used car dealers have to pay more for them, the price will go up on this end, as well, because, of course you already know, used car dealers are millionaires and we want to keep it that way. (That was a JOKE.) Another 9/11 would drive prices down 'cause the market would again become flooded with used cars due to major manufacturer incentives (high-ranking administration officials have a bit of pull with big corporations to 're-stimulate the economy.'). The other factor that would drive prices down is the price of oil. Right now, the price of a gallon of gas is affecting everything else you and I spend money on (food, goods, services) so we're a bit leery of forking out money for the new gas range or the new gas- guzzling Range Rover. (Can you blame us consumers?? Even my ditzy 15-year old average-student-because-socializing-is-more-important-than-books daughter noticed everything went up by 30 cents in the grocery store...) The solution? I don't know. (Surprising for me, I always have an answer!) |
| What's the REAL Cost of "Going Green" |
| OK, this is kind of a
rant, so hop on out of here back to the
Showroom Page if a little 'thought stimulation' ain't what you're
here for.... While looking for articles to link having to do with the latest car news, hands down, news about so-called "green" cars abound. While I am all in favor of saving the planet in a realistic, scientifically-proven way, this "bandwagon" of tiny tin can cars that are about to be pushed down our throats gives "green" a new meaning....it's what it'll be over us when we're pushing up daisies because these things simply are not safe. As long as there are 18-Wheelers, Tri-Axle dump trucks, Ford Excursions and deer on our roads, I just can't jump on this bandwagon of agreeing with putting "green" cars on the road that get ONLY 33mpg city, yet are similar in size to a golf cart and are built with a steel cage, not a frame. For a measly increase in fuel economy, the true cost of these 'Smart' cars is potentially deadly. Are you going to put your kids in a car that having a run-in with a deer could possibly be fatal? (That's if you can even get your family into one of these things.) How about getting rear-ended by a Chevy Trailblazer? (run over is more like it.) Sorry, but saving a few extra bucks at the pumps and saving a few extra carbon molecules is not worth the price. What we're going to see happen is a "softening" of our AMAZING U.S. Automobile Safety Standards in order to accommodate the influx of cheap Asian cars that come equipped with safety belts and air bags, but that are showing to have horrible crash test results (it's for the children, you know). No amount of bubble plastic is going to save you from a lifetime of paralysis after getting hit by the drunk in a Monte Carlo or Ford Taurus. At least if you were in a REAL car that gets 27 mpg (like a nice big, safe Nissan Altima)., you'd definitely have a fighting chance. So would your kids. Detroit (and other manufacturers) will catch up in a few years by making vehicles that are more fuel economic without sacrificing safety - we, and OUR GOVERNMENT, need to give them a little time to develop and design for it. The Planet isn't suddenly going to blow up and die. Trust me. In the mean time, what can you do with the price at the pumps? Use your Fuel Perks cards (offered through local grocery stores), ease off on the accelerator, coast down the hills, don't give in to your whims or your kids' whims to 'just run out' to the mall or whatever, coordinate errands to be done all at one time, keep your vehicle tuned up, don't 'fall' for buying one of these tiny unsafe 'green' cars AND.... ...Write/call/fax your congress critters and BEG them to ease up on developing OUR OWN oil resources and refineries until automotive engineering progress and development can catch up. It will - over the next 20 or so years as mandated by Congress. Yet, the price of other people's oil keeps going up and our ability to turn it into usable fuel keeps going down. Those 'horrible' Big Oil companies are chomping at the bit to develop drilling and build more refineries in the U.S. which would bring down the cost of our gasoline, our heating oil, our food and just about EVERYTHING else we buy - in turn, we could take those savings and spend 'em at Wal-Mart, thereby 'fueling' the economy. It's win-win all around. And we can 'ease' into 'Green' safely. Friday, January 18, 2007 |
|
International
Shipping |
|
|
|
Website Changes Wednesday, October 10, 2007 |
|
Drop the Top and Leaf Peep in Style
Wednesday, September 5, 2007 |
|
The Feel of Fall is in
the Air... A lot goes on at Georgetown Motors so my hope is to give you updates on the great cars we get in or that will soon be in and give you a little insight into the life of a small car dealership in a small town. Saturday, September 1, 2007 |