Jack Nerad
Jack Nerad
curve takes typical
It makes a lot of sense when you look at the depreciation curve on a typical new car. Most of the depreciation takes place in the first two years, so someone else takes the hit,
auto makers pie seems
There seems to be something for everyone. Auto makers are slicing the pie even narrower.
car companies work
A lot of car companies have a lot of work to do.
buying cars people
A lot of these people who are buying new cars shouldn't be buying new cars, period.
design developing ground millions platform saves sharing talking three
If you are talking about developing a new platform from the ground up, platform sharing probably saves tens or hundreds of millions of dollars. And it probably saves at least two or three years off the design process.
auto clearance generally time year
Generally this time of year is clearance time in the auto business.
financing percent unusual value
Financing of over 100 percent of the car's value is not unusual these days.
families kids safety variety vehicles
Families want their vehicles to do a variety of things. They're toting not only their kids, but other people's kids and they want space, safety and style.
dealer mouth pays spread throw throwing vehicle
There is only so much of a spread between what the dealer pays for the vehicle and the dealer's profits. If you throw a broker in there, you're just throwing in another mouth to feed.
certainly consumers couch dependent hard incentives motivate seen
I think it's a hard drug to get the consumers off of frankly. We've certainly seen that in our surveys. Many consumers have become very dependent on incentives to motivate them to get up off the couch and into showrooms.
certainly consumers couch dependent hard incentives motivate seen
I think it's a hard drug to get the consumers off of frankly, ... We've certainly seen that in our surveys. Many consumers have become very dependent on incentives to motivate them to get up off the couch and into showrooms.
car deal element population simply
There is an element of the population out there that simply does not want to deal with car salesmen ,
bit cars ford fuel gm model people prices regard sent stronger stuff terms trucks
Fuel prices have sent people to cars a little bit more, and many of the trucks and SUVs from GM and Ford are at the end of their model life. Frankly, in terms of new models, there's more interesting stuff happening, and it's stronger with regard to the Asians.
car downside equity payment
You can get more car for the monthly payment that way. The downside is you don't get any equity in the car. At the end of the lease you get zip.