Jon wrote:

> Anyone noticed how all cars mysteriously now are available for 0%
> interest, and some even for no payments for a year? And how television
> advertising is wall-to-wall car ads? Methinks they might be having
> trouble selling new vehicles in this economy.. 

I saw an auto industry analyst say that the Big Three are losing money on every 
vehicle they sell with a zero interest rate loan. On the 
other hand, every time they end the zero interest rate buy-down programs, new vehicle 
sales fall over a cliff.


Vince

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