New CTS-v or E39 M5? - Page 3

everycredit · 24th November 2008, 07:38

Get the Caddy and you'll love it for six months or so. Then, any one or more of the following will happen:

1. Many psychological studies dictate that you accommodate after six months, meaning that you won't be happy with the novelty of a car after that. This is true in the event of a raise: after six months, you'll want more money where you were perfectly happy with it six months prior.

2. There will be an electronic gremlin that pops up and there's no solution to it.

3. There will be a mechanical issue that will pop up and, although it's covered under warranty, the mechanics can't fix it properly. When you bring it back, GM won't honor the warranty since they are under bankruptcy protection and the local dealer is out of business.

4. The car will spontaneously combust and you will die.

5. In one year, you will post on caddyshack.com a "Dear Abby" letter about whether to pick up an M5 or keep the caddy.

ppatel9 · 24th November 2008, 07:40

Quote:

Originally Posted by kosmo

Retard, its pretty clear that you have only idea what you're talking about in regards to the big 3. A filing of Chapter 11 doesnt not mean a company closes its doors, but rather a protection from creditors while it reorgs.

Furthermore, what the hell do you mean "...but then again it's American"?
It appears youre in Altanta. Last time I checked, Altanta is in America! Well, if you dont like it...
Finally, Aston, until recently, was owned by FORD. That company is headquartered in Detriot, which is also in America.

Please dont lecture me on chapter 11.....I manage a million dollar portfolio while being a student in college. Nevertheless, a bankruptcy may cause some dealers to close their doors. You dont know that, I dont know that. That is still an if. I do hope that the American car companies get back into the game. It may appear from my previous statement that I hate American cars. I do not. I respect them for all their worth.

Now to answer your question on what the hell it means that its American is pretty obvious. There has always been prejudice against American cars and their build quality. You remember the saying Fix Or Repair Daily. Exactly my point. I know that American automakers are getting much better with their products but there is still that nagging voice in the back your mind saying this and you just cant get rid of it can you?

To answer your second comment on Atlanta, what do you mean by this statement? Also please learn how to spell your American cities.

To address the last comment, I was purely making a suggestion on a car that he could possibly obtain near that price range. Also, Aston wasnt held for very long looking back at its entire history (94-07). Also, Astons were never made in America.

Now to address every person who has read this thread. I am not trying to start a flame war. I am simply addressing kosmo who has quoted and addressed me. I apologize to anyone who I may have offended.

everycredit · 24th November 2008, 07:51

Chapter 11 bankruptcy won't close dealerships' doors, yes. But when no one shops there because of bankruptcy, the chapter 11 can go quickly to chapter 7.

jclyman · 24th November 2008, 08:07

One small correction.

There has NOT always been the assumption that American cars are inferior. That mindset came about in the late 1940's when the GIs returning from WWII brought back MGs and such. By comparison, MGs were made of pretty crappy materials. (They were built with minimal tops and without heaters, too.) But, they were cheap, fun to drive, easy to work on (had to be, since they all broke quite a bit), and you were someone special if you drove one. We used to wave at EVERY MG we saw while driving.

Then when the Japanese showed up, it started a flood of hatred for American cars and their weaknesses, compared to Japanese cars, after the first couple of years (at first, those cars weren't very good, either ... remember when all Japanese stuff was made of recycled beer cans? Or, so we claimed.).

The American manufacturers just figured they would one day go away! Sorry, but that is arrogance.

I was there!

Blockdoc · 24th November 2008, 08:13

Quote:

Originally Posted by everycredit

wing will happen:

1. Many psychological studies dictate that you accommodate after six months, meaning that you won't be happy with the novelty of a car after that. This is true in the event of a raise: after six months, you'll want more money where you were perfectly happy with it six months prior.

.

SO true.....isn't that why there is so much interest in forced induction for the Beasts!

Brian

Kmac · 24th November 2008, 17:43

Everycredit,

Awesome post!

I do not fear death, I fear prolonged pain.

Kirk

eclips · 24th November 2008, 18:07

I had to LOL when I saw this topic, especially since just this morning I emailed a friend of mine who just happens to sell caddies... and i specifically said that "if" you guys go chapter 11, and "only" if you do, what kind of deal can i get on the new CTS-V, any color or transmission...

All this nonsense about not buying a GM car because of they might go bankrupt just magnifies how little one must know about the marketplace. One walk around SEMA will prove that, as will a search of all the after market suppliers on this board just for the E39!

And as for quality... GM has been making very, very good cars for a few years now but unfortunately, that's not their problem. The problem is you can't have a business that pays someone with salary, benefits and retirement what amounts to $74 an hour straight out of high school, year after year after year without it not coming back to bite you in the butt!

...and a big BULL-YAA for Kosmo

wilsodh · 24th November 2008, 18:42

Well, this has been pretty thrashed.

I wouldn't worry about the downturn in the auto industry in my decision.

I'd have to really like the Caddy. It is an impressive piece that will out-perform the beast, but its all about the driving/bonding experience with the car.

The third point is one that Jerry first brought up.. the depreciation hit. Economically it would make more sense to freshen up your current ride than climb on top of the depreciation curve and take a big slide with a new purchase.

Dave

everycredit · 24th November 2008, 19:02

or just attack the UAW...

Kmac · 24th November 2008, 20:31

Quote:

Originally Posted by wilsodh

Economically it would make more sense to freshen up your current ride than climb on top of the depreciation curve and take a big slide with a new purchase.

Agreed. Although if I thought about that I wouldn't have bought the M5.

On the topic of bankruptcy, when a company goes into Chapter 11, they do not cease operations. In 11 they are allowed to continue operations, but it puts all of the businesses creditors on hold, negates all unfavorable contracts (including the UAW contract) and appoints a member of the court to oversee all of this. Dealer contracts are also reviewable, but most state frachise laws protect the dealer to some extent. The dealer is almost always a separate ownership group, so they are not effected directly, although the indirect consequences can be a financial disaster for them.

Given all of that, the biggest problem if they went into 11 is warranty claims, which may not be reimbursed to the dealer. It is also potentially feasible that they could cancel a number of products, depending on their feasibility. Hummer, for instance, could be liquidated.

You have to wonder if this may be the only year for the CTS-v (but I doubt it).

-Kirk-