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Tuesday, August 11, 2009

Take Advantage of the Recession

According to this article you can take advantage of the recession by stealing away with a hot car bargain. It's a Yahoo! News article which I always enjoy because they are usually funny despite their obvious seriousness. This particular article wants to help out the car buyer looking for a good deal in an obviously battered auto market. The first suggestion? The Audi A8 which normally goes for $122,000.00. According to the article you might be able to land this for, well, actually, the writer doesn't know but he (or she) suggests don't over haggle it (I guess start at $110,000.00 and get ready to haggle from there). Other suggestions from the article were for a Lincoln Town Car at $53,000.00 and a $46,000.00 Cadillac (I guess buying the top-end vehicle from near bankrupt companies is now the "in" thing to do). You could even get some leverage on the dealer of a Hummer H2 (starting price around $63,000.00) but, again, as the article urges don't get greedy. Sure your house might be worth less than half of what you paid for it and your taxes will be paying directly into the car industry for the next ten years but that is no reason to think that you should get an insane deal on something that is worth twenty percent less the moment you drive it off the lot. Of course, the article might be envisioning a near future where our houses are so worthless we might have to live in our cars. Sure, that is a highly pessimistic future but that considered I guess its a pretty good article after all.