Review of used autos for sale::Privately Owned Cars for Sale?
Review of used autos for sale::Privately Owned Cars for Sale?
With President Obama leading GM into bankruptcy proceedings today, the U.S. taxpayers are on the hook for at least $50,000,000,000.00 in this game of political payback. The reorganization plans for General Motors seems to be extremely short sighted and lacking any appreciable hopes of reestablishing a competitive automobile manufacturing industry in the United States. Since all U.S. citizens are going to be the proud owners of 60% of this automobile company, there should be more public scrutiny of the plans. To better understand the problems associated with Obama's auto bailout plan, we need to look at how the U.S. auto manufacturers came to be in this position. The big three ( GM, Ford and Chrysler ) dominated the U.S. and world markets for decades. This led to large profits and lax negotiations with the United Auto Workers (UAW) union. Profits were plentiful and any work stoppage associated with union negotiations would lead to huge profit losses. This led the big three to give union contracts with relatively high wages, numerous benefits and an extremely generous retirement plan. The market share dominance of the big three continued without opposition into the 1970s. By this time, the extended period of dominance had led to problems with lack of innovation and quality. When the Japanese imports began to show up in the 1970s, they found the big three at a disadvantage. The imports were more reliable and inexpensive compared to their U.S. counterparts. The big three began the long trend of losing market share to the import vehicles. In the 1980s, the big three began to show improvements in their vehicles. Quality and reliability standards began to increase. They began to show some more innovation in their designs but they continued to have problems in retaining market share. Public perception of the quality of big three autos remained low and would lag for many years to come up to the present. The big three continued to be at a disadvantage in pricing their products competitively with the import vehicles. UAW contracts that were conceived in a market dominated by the big three were now a drag on the U.S. auto companies. Not only were the direct labor costs higher for the big three but the legacy costs of retirees dragged on the company. Former workers were surviving much longer in retirement at the same time as medical costs were beginning to skyrocket. This trend continued until the big three were spending more to pay the labor costs of their retirees than for the active workers. In the 1980s, the Japanese automobile manufacturers began to assemble in the U.S.. Their brands maintained a labor cost advantage by keeping the UAW from organizing at their plants. They are able to offer competitive wages while maintaining lower labor costs because they are not saddled with the legacy costs to the UAW retirees. I am not saying that the UAW is evil, just that these obligations to union members and retirees were a major financial drag on the big three. The contracts were originally negotiated in a period of U.S. industrial domination and are not functional in a period of global industrial competition. The UAW contracts were not the sole cause of the collapse of the U.S. auto industry but they are a major contributing factor. Now that we face the total collapse of GM in 2009, the U.S. was faced with the problem of what to do about it. I agree with the idea that we did not want to see U.S. automobile industry disappear from the landscape. Having viable manufacturing industries in the country is of extreme importance for many strategic and economic reasons. But the approach taken by the Obama administration appears to be an extreme gamble based on paying back the UAW for it's support of the Democrat party. As G.M. filed for chapter 11 bankruptcy on Monday, Obama's plan seems to leave much to be desired. The U.S. would control 60% of the company in exchange for it's past and future financial contributions. The UAW would take 17.5% of the companies shares in exchange for money owed the retiree health care trust. Unsecured bond holders would get a 10% stake in G.M. in exchange for $27 billion in debt. The elimination of the payments to the retiree's health care trust will help the new G.M. to be more competitive but will it be enough. G.M. will still be under the current UAW contract with freezes in place for the next few years. The company will be under intense government pressures and scrutiny for the foreseeable future. The Obama administration has called for G.M. to focus on building a "green fleet" of vehicles even though this type of car has not been profitable for U.S. manufacturers. Chapter 11 plans call for continued downsizing and employee buyouts. Is there any real hope of G.M. ever regaining it's stature. Would we not have been better served by President Obama if he had put the taxpayer ahead of the UAW campaign contributors? When G.M. was collapsing, the administration could have used it as a real model to revitalize the domestic auto industry. The U.S. government could have used the $50 billion to provide secured loans for the buyers of a split up G.M.. When G.M. entered chapter 11, the courts would oversee the break up of the company assets. Sale of these assets would have gone to paying off debts to bond holders and the UAW obligations. The government could have helped the financing of private entities to buy up assets from this break up. This would have led to the creation of new companies (some under the old product line names) that would be free from all prior burdens of G.M. including the UAW contracts. This would have led to a truly new and revitalized auto industry in the U.S. but President Obama could not do this. He had too much political debt to the unions that support the Democrat party. So the interests of the UAW got placed ahead of all the U.S. taxpayers. I do not see how the same old G.M. will succeed while inflicted with all of the government "help" in running it's business. The taxpayer will be on the hook for more and more "investments" in this failed company. Pressures to provide favorable terms from the government to this government owned companies will only cause pressure on the sole remaining independent manufacturer (Ford) and retaliation from foreign manufacturers. We have spent $50 billion to save 300,000 jobs. That is over $150,000 per job. I only hope that there is some payback in the future. That is beyond the payback that President Obama will get from his union supporters. |
Image of used autos for sale
used autos for sale Image 1
used autos for sale Image 2
used autos for sale Image 3
used autos for sale Image 4
used autos for sale Image 5
Related blog with used autos for sale
Related Video with used autos for sale
used autos for sale Video 1
used autos for sale Video 2
used autos for sale Video 3
used autos for sale
Labels: Autos for Sale By Owner, Autos for Sale Websites, AutoTrader, Best Used Small SUV, Craigslist Used Autos for Sale, eBay Used Autos for Sale, Kelley Blue Book, Local Autos for Sale
Monday, June 9, 2014
Review of auto for sale::Used Cars for Sale in My Area?
Review of auto for sale::Used Cars for Sale in My Area?
It's a fact: selling your good used auto yourself can often get you more money out of it that trading it in to a car dealership. The money a car lot gives you is often numbers on paper. The salesperson can add on "other costs" that will actually lower the amount. But, the money that the new owner gives you is cold, hard cash. The first thing you need to do to get the best price out of your auto, is to prepare it for selling. Your vehicle needs to be in the best shape it can be. This means that you'll need to use some elbow grease to make your auto look "showroom" sharp. Thoroughly wash and dry the outside of your vehicle. A coat of wax can make an amazing difference too. Then, dry and shine the chrome. Dry and clean the windows, inside and out, by using a spray cleaner and a soft cloth. Next, clean out the interior of your auto and remove the floormats. Vacuum the floors and the mats thoroughly; replace the clean mats. If the seats are covered with cloth, you should vacuum those too. Otherwise, leather or vinyl material needs a good quality protectant applied to it. If there are cloth seats in your auto, and they're noticeably soiled, it would be a good idea to shampoo them too. Visit your local auto store to find a suitable upholstery shampoo. Be sure you read the manufacturer's directions in order to achieve the best results. Don't forget to clean out the glove compartment, nooks, crannies, trunk and hatchback too. Place any maintenance records you have in the your used auto. Prospective buyers will want to see how often you had the oil changed, et cetera. And, if your good used auto has tobacco or other odors in it, an air freshener can effectively help cover the smells. This can greatly increase your chances of getting the best price. The second thing you need to do is to change the motor oil if that hasn't been done recently. A good way to tell if it needs changed is to pull the dipstick out. If the oil looks dirty, (brownish-black in color), or if it feels gritty between your fingers, then it needs to be changed. Now, the next thing to do is to find out how much your used auto "books" for. There are several sources, such as Kelley Blue Book, you can check. (Kelley's has been around for about eighty years. They are one of the most respected authorities on new and used auto values.) Now that you have a fair asking price in mind, you're ready to advertise your auto. It used to be that your only choices were placing an ad in your local newspaper, word-of-mouth, or by tacking a notice on the grocer's bulletin board. Nowadays, you can also sell it by placing an ad on the Internet. Or, you can use an auction site like eBay.com. Take advantage of free local newspapers, bulletin boards, and other means of advertising. Of course, don't forget to place a "For Sale" sign on your used auto. This method of advertising always attracts the most attention. Whatever means you use to advertise, you'll need to write up an advertisement that will effectively attract prospective buyers. Compare these two ads. Which auto would you be willing to pay the best price for? 1. "For Sale- 1999 Ford car. Runs good, looks good. Low mileage. Call 555-5555." 2. For Immediate Sale- 1999 Ford Taurus Sedan. V6, 305 engine, mechanically sound. Clean inside and out. Excellent Condition- 80,000 highway miles. Asking $2500. Call 555-5555 anytime." Your ad should give exact details about the used auto you are selling. Be honest, though, and don't lie just to make a deal. Be sure to emphasize the positive facts about your auto. Also, include details that prospective buyers might be interested in. These details can be if your auto has air conditioning, a stereo system, four wheel drive, leather interior, manual or automatic transmission, moon roof, keyless entry, remote start, and so on. A final word of advice: Don't jump at the first offer on your good used auto. Take your time and remind prospective buyers of all the "pros" your vehicle has. |
Image of auto for sale
auto for sale Image 1
auto for sale Image 2
auto for sale Image 3
auto for sale Image 4
auto for sale Image 5
Related blog with auto for sale
Related Video with auto for sale
auto for sale Video 1
auto for sale Video 2
auto for sale Video 3
auto for sale
Labels: Autos Usados, Craigslist Cars for Sale, Craigslist Used Autos for Sale, Craigslist Used Cars for Sale, Local Cars for Sale, Trucks For Sale, Used Cars for Cheap, Used Cars for Sale By Owner







