Gas Prices making a dent ... finally!

My friend although I have at times owned GM and Toyota vehicles I currently do not. I'm as simply pointing out that the glee with which some of you are forecasting the demise of GM, and the domestic manufactures, is a bit juvenile and asinine at best. GM is still number one, no matter how you might like that or not. The facts are more buyers prefer their vehicles to all others including the other domestic and ALL of the imports. GM will be here for a long time to come, as will Ford.

mike hunt

Reply to
Mike Hunter
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Nattie have I ever started a thread? ;)

mike hunt

Reply to
Mike Hunter

Gee I'm sorry you had problems with your Ford trucks but I see a lot of Toyota trucks on Ford dealers use car lots. Others must have problems with Toyota trucks as well. Especially when you consider the Ford F Series is still the number one selling truck line and the F150 is still the number one selling vehicle in the world, car or truck, and has been for twenty eight years. The F150 is such a good truck that Ford sells more of them alone, in one month, then Toyota sell trucks in a whole year. Apparently, unlike your personal experience, more buyers like the buff mags think Fords trucks are better, more dependable, longer lasting trucks, than any other and keep buying more of them every year. ;)

mike hunt

Reply to
Mike Hunter

Domestic cooperators? What is that?

If GM went bust? Toyota wouldn't miss a beat. It would help them.

GM is junk. Don't they still use push rod engines or something? My Toyota is 10 years and 155K miles on it. Runs like new. GM cars at half that are wheezing and coughing. Sound like a bucket of bolts. Spewing oil smoke all over the place. They are a joke.

Reply to
st-bum

LOL - it gets better - the bubbas around here hang 'nut sacks' from their trucks. It's quite sad

Natalie

Reply to
Wickeddoll®

GM's bonds aren't unrated. They're rated below BB or whatever the cutoff is. They're rating is known informally as "junk", or "below investment grade". As in "not for widows and orphans" as you may not get your money back.

Reply to
st-bum
200K is that all? I saw thousands of vehicles over many years in fleet service with twice that and still going strong, I have a 71 vehicle with nearly 300K on the clock that looks and runs like new ;)

mike hunt

Reply to
Mike Hunter

Toyota actually has healthy profits right now, while GM is treading water to save its life. Toyota stock market cap is 150 billion, GM's is what 20 billion?

GM revenues 190B vs. Toyota's 165B.

Toyota actually MADE 10B in profit last year. They made 1/2 of GM's market cap.

You said you bought GM in 1964 and it has "quadrupled"? Maybe it has, but it has gone down 50% since 1990. The stock market since 1964 has gone up about 12-15 fold.

Reply to
st-bum

Think about what you are implying. If the oil companies really could control the price of crude they must buy, why does it continue to go up? If the oil companies could really control the retail price of gasoline, why does it ever go down?

mike hunt

Reply to
Mike Hunter

Junk or rebuilt or for a V6? LOL

Reply to
Mike Hunter

Yes but that hemi will blow the doors of a Tundra, while hauling a bigger load LOL

mike hunt

Reply to
Mike Hunter

I wouldn't go that far... The changes in the last ten years heave been pretty subtle, really... Can you give a specific example of the improvements? What I mostly see is increased features of varying desirability (think multi-airbags, nav systems), along with more weight and bigger engines to propel them.

Reply to
dizzy

Idiot. This is not true, as has previously been explained to you. Price, prejudice, style, ignorance and other factors lead people to buy the "home team's brand". Any knowledgeable person knows that GM lags in quality.

Reply to
dizzy

Believe what, top poster?

Reply to
dizzy

Yeah but the Cummins turbo diesel is a real engine, and will walk circles around that HEMI.

Reply to
Johann Koenig

Well, you have to admit 90 miles a day adds up fast.

Charles of Kankakee

Reply to
n5hsr

Wots a klock...?

Reply to
Gord Beaman

I thought you were merely a blowhard but it turns out you're also breathtakingly stupid.

Hey, stupid, any oil company that produces any oil at all is cheering on the price of crude. The $50+ per barrel price applies to domestically produced oil as well as foreign. It's all gravy to the producers.

Hey, blowhard, I'm still waiting to see your bumper-to-bumper comparison of a GM vehicle that you think whips a Camry. You made the claim. Prove it.

Hey, blowhard, I'm still waiting to see your credible evidence of equal US manufacturer and Toyota quality. You made the claim. Prove it.

Reply to
dh

For many people, this is true. However, these people are, let me try and put this delicately, stupid.

Minimum lifecycle cost should be the determining factor. The purchase price is just one component:

Purchase Price Depreciation Maintenance Expense Repair expense (incidence rate times cost of repair) Insurance Fuel Mileage

We bought a minivan in 2001. We looked at the mid-range models of the Dodge Caravan, the Chevy Venture and the Toyota Sienna. They were very comparable in purchase price (the Toyota was actually least expensive and the most expensive was the Venture, with the Caravan next most expensive). Edmunds now puts the private party resale prices at:

Venture: $7249 Caravan: $8858 Sienna: $13034

Which one turns out to be least expensive if you keep it for 5 years and sell or trade it to buy something newer? We bought a Sienna. I'm probably $5,000 ahead at this point over where I'd be if I'd bought the Caravan.

Of those things that make up the lifecyle cost, the depreciation and the repair cost are not known and have to be projected. This is partly subjective and partly regression. If Toyota has a good track record for repair cost, consistently, for the last 10 years (something you can get from Consumer Reports or other sources) and Toyotas consistently have higher resale values (Edmunds.com or KBB.com can help you there), which otherwise equivalent $25,000 minivan do you buy?

Lexus may well have measurably better quality and/or lower projected repair expense than a Toyota but not enough so to justify the extra $5,000 or so it costs to buy one. However, not everyone does attempt to minimuze life cycle cost but some prefer to spend a little more for intangibles (prestige, style) or extras of arguable value (a better zero-to-sixty time or genuine wood trim). Well, these differences do make life more interesting.

Reply to
dh

Are you kidding??? :-)

Reply to
Doug Kanter

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