Replies to post #111360 on Savvy Trades and Investments

[littlejohn]

TM, 9.5?huge number yen versus 9.7

in year ago 1st quarter isn't a

sharp drop off...

Big number has to be them selling

less units than years ago...

A Toyota Camry might cost over

30,000 now that cost around 14,000

or so around ten years ago...

Obama bail outs of auto industry

have surged the new car inflation...

All new car sellers thought that every

trade in should be worth 4,000 or more

despite age or condition that the gov't

GAVE them during Obama bail outs...

Auto industry didn't react with appreciation

for that to their customers...

Auto companies took advantage and

have had excessive price inflation in

new car prices for many years...

At some point, excessive pricing should

bite the whole auto industry on their

greedy rears with lower sales...

Now is as good of a time as any to

see lower new car sales trend...

More is less...


So we watch...LJ