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Is it stupid to buy Chevy or American now?

F

FerraraZ

Senior member
Currently looking for a vehicle and since our family is getting smaller I was going to finally break down and buy a coupe. Saw the new 2010 Camaro's are getting great reviews all around. Is it a bad idea to buy an American car right now especially since GM will be going bankrupt?

OK, the OP's question has been asked and answered and the thread is devolving into a trolling ground for the usual suspects. I'm locking it up.

Zenmervolt - AnandTech Garage Moderator
 
Ford is still doing just fine. And even if GM goes into bankruptcy the company itself wont cease functioning, and warranties will certainly continue to be honored.
 
Originally posted by: thecoolnessrune
Ford is still doing just fine. And even if GM goes into bankruptcy the company itself wont cease functioning, and warranties will certainly continue to be honored.
Click to expand...

Who will keep GM functioning?
 
Originally posted by: DVad3r
Originally posted by: thecoolnessrune
Ford is still doing just fine. And even if GM goes into bankruptcy the company itself wont cease functioning, and warranties will certainly continue to be honored.
Click to expand...

Who will keep GM functioning?
Click to expand...

Whatever / Whoever buys them.
 
Originally posted by: DVad3r
Originally posted by: thecoolnessrune
Ford is still doing just fine. And even if GM goes into bankruptcy the company itself wont cease functioning, and warranties will certainly continue to be honored.
Click to expand...

Who will keep GM functioning?
Click to expand...

Bankruptcy structure will probably keep essential pieces going, such as parts and warranty service.
 
I wouldn't worry too much about the warranty on a GM. While they may go through bankruptcy they won't be giving up on the warranties and they will emerge from bankruptcy. That may not be true about Chrysler. Ford I think is positioned quite well and I wouldn't have second thoughts about their security.
 
Ford is fine. Chrysler very possibly not, I'd want a killer deal to buy one. GM somewhere in the middle. I've never bought a domestic, but I'm as prone to camaro-lust as any man. If I needed a new car right now I really would think about it.
 
I'd buy a Ford right now if i was in the market. They have great cars, solid rebates, and the company is on as sound footing as Toyota at this point.
 
Originally posted by: DVad3r
Originally posted by: thecoolnessrune
Ford is still doing just fine. And even if GM goes into bankruptcy the company itself wont cease functioning, and warranties will certainly continue to be honored.
Click to expand...

Who will keep GM functioning?
Click to expand...

Your taxes
 
I wouldn't buy GM.

I like the Tahoe but GM dealerships are going bankrupt. They are vanishing left and right.
You will have to take your car far far away for service
 
If the company did cease to exist cars like cobalts may be worthless, already are 😉, but a camaro is desirable and would be in short supply. Thats one way to spin it anyway to make yourself feel better.
 
Originally posted by: Aimster
I wouldn't buy GM.

I like the Tahoe but GM dealerships are going bankrupt. They are vanishing left and right.
You will have to take your car far far away for service
Click to expand...

GM has more dealers in the US than any other car manufacturer, so much so that there's an over supply of them and they are essentially forcing some of them to shutdown. 2 years ago there were ~4300 Chevy dealers, even if they manage to half that amount, there's no way you can be in any remotely major city and be more than 10-15 miles away from one.
 
i wouldn't get any, ford isn't exactly doing well. just months ago they were begging for money and threatening bankruptcy. i wouldn't want my car company to be bankrupt, would you? Ford never really made good quality cars, they never really stood out in the crowd among its competitors. Minus the f-150, which is in its own little world of "i'm american, i like trucks, buy me"

GM and Chrysler are down the drain, they're worth shit now... didn't you get the memo?

there are so many other options in the market, there is no reason for anyone to "buy american" other than the imaginary idea of "patriotism." This, in economics, would mean that you'd be an irrational buyer and not spending your money wisely: there are better/cheaper options out there in the market where one can buy a car.
 
Originally posted by: LOUISSSSS
i wouldn't get any, ford isn't exactly doing well. just months ago they were begging for money and threatening bankruptcy. i wouldn't want my car company to be bankrupt, would you? Ford never really made good quality cars, they never really stood out in the crowd among its competitors. Minus the f-150, which is in its own little world of "i'm american, i like trucks, buy me"

GM and Chrysler are down the drain, they're worth shit now... didn't you get the memo?

there are so many other options in the market, there is no reason for anyone to "buy american" other than the imaginary idea of "patriotism." This, in economics, would mean that you'd be an irrational buyer and not spending your money wisely: there are better/cheaper options out there in the market where one can buy a car.
Click to expand...

I think even if the only japanese car you could get was a toyota echo versus anything from an american make you would still pick the echo.

Ford will be fine, the others, who knows, but Ford will probably be ok
 
Originally posted by: PhoKingGuy
Originally posted by: LOUISSSSS
i wouldn't get any, ford isn't exactly doing well. just months ago they were begging for money and threatening bankruptcy. i wouldn't want my car company to be bankrupt, would you? Ford never really made good quality cars, they never really stood out in the crowd among its competitors. Minus the f-150, which is in its own little world of "i'm american, i like trucks, buy me"

GM and Chrysler are down the drain, they're worth shit now... didn't you get the memo?

there are so many other options in the market, there is no reason for anyone to "buy american" other than the imaginary idea of "patriotism." This, in economics, would mean that you'd be an irrational buyer and not spending your money wisely: there are better/cheaper options out there in the market where one can buy a car.
Click to expand...

I think even if the only japanese car you could get was a toyota echo versus anything from an american make you would still pick the echo.

Ford will be fine, the others, who knows, but Ford will probably be ok
Click to expand...

dont assume.

ford is "fine" ford will "probably" be "ok"

but there are better options out there. More reliable options. Cars that don't drop ridiculously in value after just a few months like american cars.
 
Originally posted by: LOUISSSSS
Originally posted by: PhoKingGuy
Originally posted by: LOUISSSSS
i wouldn't get any, ford isn't exactly doing well. just months ago they were begging for money and threatening bankruptcy. i wouldn't want my car company to be bankrupt, would you? Ford never really made good quality cars, they never really stood out in the crowd among its competitors. Minus the f-150, which is in its own little world of "i'm american, i like trucks, buy me"

GM and Chrysler are down the drain, they're worth shit now... didn't you get the memo?

there are so many other options in the market, there is no reason for anyone to "buy american" other than the imaginary idea of "patriotism." This, in economics, would mean that you'd be an irrational buyer and not spending your money wisely: there are better/cheaper options out there in the market where one can buy a car.
Click to expand...

I think even if the only japanese car you could get was a toyota echo versus anything from an american make you would still pick the echo.

Ford will be fine, the others, who knows, but Ford will probably be ok
Click to expand...

dont assume.

ford is "fine" ford will "probably" be "ok"

but there are better options out there. More reliable options. Cars that don't drop ridiculously in value after just a few months like american cars.
Click to expand...

I have to agree 100 % with LOUISSSSS here.

Assumptions based on assumptions rarely lead to accurate predictions.

A safe buyer who can find just as good if not better and safer alternatives to Ford, Chrysler and GM ought to choose the alternatives over the unstable 3 we have here.

Just let them die and get this over with. Let them die by the greed of their own employees, unions and executives and have them a lesson in American history for the rest of the dumbasses to come in the future.

 
Originally posted by: LOUISSSSS
i wouldn't get any, ford isn't exactly doing well. just months ago they were begging for money and threatening bankruptcy. i wouldn't want my car company to be bankrupt, would you? Ford never really made good quality cars, they never really stood out in the crowd among its competitors. Minus the f-150, which is in its own little world of "i'm american, i like trucks, buy me"

GM and Chrysler are down the drain, they're worth shit now... didn't you get the memo?

there are so many other options in the market, there is no reason for anyone to "buy american" other than the imaginary idea of "patriotism." This, in economics, would mean that you'd be an irrational buyer and not spending your money wisely: there are better/cheaper options out there in the market where one can buy a car.
Click to expand...

I doubt you'd buy anything if it wasn't Japanese.

Originally posted by: DarkThinker
Originally posted by: LOUISSSSS
Originally posted by: PhoKingGuy
Originally posted by: LOUISSSSS
i wouldn't get any, ford isn't exactly doing well. just months ago they were begging for money and threatening bankruptcy. i wouldn't want my car company to be bankrupt, would you? Ford never really made good quality cars, they never really stood out in the crowd among its competitors. Minus the f-150, which is in its own little world of "i'm american, i like trucks, buy me"

GM and Chrysler are down the drain, they're worth shit now... didn't you get the memo?

there are so many other options in the market, there is no reason for anyone to "buy american" other than the imaginary idea of "patriotism." This, in economics, would mean that you'd be an irrational buyer and not spending your money wisely: there are better/cheaper options out there in the market where one can buy a car.
Click to expand...

I think even if the only japanese car you could get was a toyota echo versus anything from an american make you would still pick the echo.

Ford will be fine, the others, who knows, but Ford will probably be ok
Click to expand...

dont assume.

ford is "fine" ford will "probably" be "ok"

but there are better options out there. More reliable options. Cars that don't drop ridiculously in value after just a few months like american cars.
Click to expand...

I have to agree 100 % with LOUISSSSS here.

Assumptions based on assumptions rarely lead to accurate predictions.

A safe buyer who can find just as good if not better and safer alternatives to Ford, Chrysler and GM ought to choose the alternatives over the unstable 3 we have here.

Just let them die and get this over with. Let them die by the greed of their own employees, unions and executives and have them a lesson in American history for the rest of the dumbasses to come in the future.
Click to expand...

At least as far as Ford goes, they've met all the goals they were supposed to, with the catch being they didn't have to (they didn't accept any loans). However, Ford got their total compensation down to ?$55, which is only slightly higher than Toyota (?$50). I'd say their line also reflects how seriously they're finally taking their competition.

While I still think the name change is stupid, I'd consider the Taurus over the Accord (oddly enough, both classic cases of midsize sedans are both large sedans now, which technically leaves Honda without a midsize). And looking at the rest of the line, there's just as much effort in the rest of their cars. GM is still sporadic, with certain cars proving very competitive, while others seem to be weak attempts. In addition, they insist on competing against themselves.

Chrysler is in a lot of trouble though. They really need the Fiat deal. The amount of money and time it takes to come out with a new car simply isn't there. At least Alfas and Fiats could fill the gaps. Simply on aesthetics, the Fiat Grande Punto wipes the floor with the Calibur.
 
GM and Ford will be around, chrysler maybe not.

Someone may also buy peices of chrysler if Fiat falls through and if that happens then all bets are off. Whem GM bought Dawoo they just bought some peices and did nto follow up ownership of the US part and as such do nto make parts/support them. The same could happen with Chrysler.

Ford seems to have enough to wetaher this storm. GM will sell off saturn, saab, and maybe another and will also come out in the end.

I would buy a GM/Ford yes, chrysler no.
 
ford isn't exactly doing well. just months ago they were begging for money and threatening bankruptcy.
Click to expand...
Ford? I don't think so.
there are so many other options in the market, there is no reason for anyone to "buy american" other than the imaginary idea of "patriotism."
Click to expand...
Or, 2008 Ford Fusion with under 10k miles for $10,500. What does that buy? Oh, yes, a 2005 corolla with 50k, no thanks.
Cars that don't drop ridiculously in value after just a few months like american cars.
Click to expand...
Don't be a fool; don't buy new. Take advantage of some other sucker's drop in resale and always buy used.
 
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