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Is this the proof that "the economy is booming" ?

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JohnnyRingo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 01:26 PM
Original message
Is this the proof that "the economy is booming" ?
This year I've noticed a lot of TV ads suggesting an automobile as a Xmas gift.
Not just any car...usually a BMW or upscale Pontiac.
Christ!...I'm hoping I can scratch together 25 bucks each for my grandkids and the commercials wonder: "Where did you find such a big bow"? (BMW).

The economy is "booming" alright, but those of us that earn an hourly wage will never see it.
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wicket Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 01:28 PM
Response to Original message
1. cars for Christmas
Those ad have become a yearly tradition in the past few years, and they never fail to make me want to :puke:
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illflem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 01:29 PM
Response to Reply #1
2. It's booming if you make over $200k
and don't have to pay your fair share of taxes.
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AllegroRondo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 01:30 PM
Response to Original message
3. have you noticed the incentives?
0% financing for 6 years
$5000 (or more) cash back

Pontiac even has a deal where you can 'lock in' the APR on the current purchase for your next Pontiac purchase.

The car dealerships are hurting bad if they have to resort to incentives like this.
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Old and In the Way Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 01:37 PM
Response to Reply #3
5. Where do they go from here?
Start offering negative rates of interest? Wouldn't surprise me if they boost the selling price , then offer to pay you a cash rebate on the installments....
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immoderate Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-06-04 01:33 PM
Response to Original message
4. Official Announcement.
I will accept a BMW as a Chrismas gift this year. Thank you ver' much.

--IMM
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