Biggest carmaker in the world

Quite a long time at one place, a rarity these days. Keep enjoying retirement.

Awww, did I hurt your feelings?

If it is the union wages are costing GM so much money why is it the Toyotas assembled in the US os mostly lower cost imported parts and material by non union labor, cost 20% more to buy than similar sized and equipped GM cars?

I don't know, but I'm sure it is not a very simplistic answer. GM complains they spend too much on labor, workers complain about too low a wage and benefits, but that is only a portion of the entire picture. We don't really know about the comparative efficiency of the plants, the distribution system, the cost of parts, funding of new developments, and hundreds of other factors that affect the cost of building a car and getting it to the customer.

You buy a car that costs $30.000 two years later you sell it for $25.000 then resale value goes down by $1.000 every year after that and the car lasts

15 years average repair and service costs $1.000 every year

buy two year less per lasts yearly Total price year years repair cost yearly cost $30.000 $25.000 $1.000 15 1.000 $3.000 $30.000 $24.000 $2.000 10 2.000 $5.000

If you have to choose between two cars that costs the same initial price it can be difficult to choose. If you do know from experience that one lasts longer in general, has better resale price, cost less in repairs then the Total yearly cost is surely lower and that is what matters most to you.

If besides these costs you like the idea of having a reliable car that gets you were you want to go when you want to go plus that it draws less fuel will also affect your decision.

The differences may not aways be this obvious but in the long run you will get the general idea and that is what has been happening over a very long time.

Try $20,000 two years later.

I bought an 02 Lincoln Town Car with 33,000 miles on it in 03 for $22,900.00. Don't know what the sticker was, but probably more than $30,000.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Retired Shop Rat: 14,647 days in a GM plant. Speak softly and carry a loaded .45 Lifetime member; Vast Right Wing Conspiricy Web Site:

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And that's another reason I'll not buy American again....a new G37 is projected to retain 52% of it's value after 5 years. A GM/Ford loses that in the first year.

b

Resale value on a particular model doesn't show the big picture. I sold a 96 Impalla SS last year for 19K. Bought a 89 GTA Indy Pace car new, kept it for

11 yrs and sold it for 22500, bought a 82 Porsche 924 new sold it in 84 for 9K at about 55% loss, have a 04 Pontiac Montana that I bought new and its worth nothing. Smaller production numbers generally drive up resale. If there are 10000 vehicles with 1 buyer they are cheap, 1 vehicle with 10000 buyers and you are gonna pay. Solid late 70's to late 80's 1/2 ton Chevy trucks fetch 10 grand around here. Thats pretty good resale value. How many G37's can they sell at 35K each. In a slowing car market probably not as many as last year which was somewhere in the neighborhood of 15000. Yes that will keep resale up. In 62 14531 Vetts were produced for a base price of $4038 resale is high on them.

Actually, you're simply showing the world how stupid you are. Thought you could use the tip.

Looks like your feelings are hurt now. Just review your own words in earlier posts in this thread. If you can't spot your own bias, then, as I said, you're showing the world...