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Everything posted by balthazar
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I would think most consumers in the Spark/Sonic shopping tier would largely go to the pre-owned market in a hard downturn (not artificially effected by a ‘CfC’ program), not to mention CUVs are much closer in price to low-end cars than they were 10 years ago. I don’t expect the same dynamic of radical oil speculation to happen again, oil was down today with the news of an unexpected rise in supply. I think GM & Ford are safe in a future economic storm without small cheap cars.
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Did sales of that price tier really jump during the ‘08-09 recession? Cause the Trax MSRP’s starts @ $21K before deals/incentives.
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Point of clarification: early mortgage payments on a 30-yr are typically 100% interest for the first year and a half or thereabouts. You pay it down faster the later in the schedule you are. Get an amortization schedule from your lender. That said I agree with the above - pay down debt whenever you are able.
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I cut my 30-yr (actually 22-yr; a bi-weekly) to 11 years. Havent had a mortgage payment since 2004.
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Those numbers don't seem right. Theres an estimated 400 million guns in the US. 4% of US population is 14,000,000, obviously a lot less once you eliminate minors.
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Mercedez Benz News Mercedes-AMG One Delayed
balthazar replied to Drew Dowdell's topic in Mercedes-Benz
^ Agreed with the above principal; tech just doesn't move nearly fast enough to make anything 4 years old 'irrelevant'. Most production redesigns are on a 7 year window as it is. I don't feel that a 2-yr delay does anything other than cause a dozen serious buyers a longer wait. That said; the car as a marketing tool IS irrelevant. Not going to sell a single 'nuther A- or C-class if this thing eventually sees the light of day. -
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Falconer V-16.
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Mercedez Benz News Mercedes-AMG One Delayed
balthazar replied to Drew Dowdell's topic in Mercedes-Benz
If it's a million dollars or whatever and they're going to bother putting electric motors in it, shouldn't it be the first to go 500 miles on battery power, instead of less than every other car already in production? -
Mercedez Benz News Mercedes-AMG One Delayed
balthazar replied to Drew Dowdell's topic in Mercedes-Benz
The EV-only range being quoted is a mere 25 miles. That's pretty pathetic. -
Mercedez Benz News Mercedes-AMG One Delayed
balthazar replied to Drew Dowdell's topic in Mercedes-Benz
You can buy a 1000 HP engine at Dodge and do 210+ MPH right now. Wait: its front wheel drive?? -
Jaguar News: Jaguar Land Rover Could Share BMW Platform
balthazar replied to Drew Dowdell's topic in Jaguar
Europe has no buses? -
Mercedez Benz News Mercedes-AMG One Delayed
balthazar replied to Drew Dowdell's topic in Mercedes-Benz
Reminds me of the Tesla having to warm its batteries for AN HOUR to achieve max accel in ludicrious mode. The case is certainly easily made that EVs are benchmarking ICs but are still falling well short. -
“Problem” is a nice way to put it. ‘Fraud’ might be closer to the truth tho.
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