I know plenty of people whom I have talked to about buying a new car (tax advantage this year) and almost to a person the have said they would NOT by a GM or Chrysler because of the government takeover of the companies. They feel they won’t be around to honor the warranty claims if it becomes necessary. Not saying they will be all buying FORD because most have said they will buy foreign.
If my only choice is between a Ford and a foreign car, I guess I will be forced to buy a foreign car. Too bad.
I have not heard a single person say they will not buy a GM car because of Tarp/Government Motors. That I read on the internet not the real world.
GM/Chrysler is far more likely to honor warranty today than a year ago.
I know only one person that is buying a new car in the next month.
My niece. She just got married a year ago and moved from Los Angeles to Fort Wayne Indiana.
She had a 2002 VW Jetta. Is considering Dodge Nitro(becuase of integrated child seat),Ford Escape and Chevrolet Equinox( becauase her new husbands has a 2005 Cheverolet Silverado and a good relationship with the local Chevy dealer.) But she likes Escape becase two of her friends have one.
She is a Republican but not a Freeper or hardcore activist. She could care less about Tarp bailout money or anything else.
I own a 2003 Honda Accord. My next car will be a Camaro V6.
After over 50 years of working... My wife and I wonder if the government is going to honor our warrantee and I’m talking about Medicare, not cars.