 |
|
07-25-2008, 02:07 PM
|
#21
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
 Quote:
Originally Posted by 73ss454
I think Chrysler may have the edge here, but it's close.
|
I predict Chrysler will go BK before the year is out, and the other automakers will snap up the salvageable pieces........ 
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
07-25-2008, 02:08 PM
|
#22
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
|
Quote:
Originally Posted by 73ss454
If in fact there's an ins. co. that's willing to guarantee loses on Chrysler vehicles at auction, well, they must be crazy. Can you imagine a Chrysler going through an auction at a profit. Maybe Chrysler can get them to do the leasing. (heh)
|
There are insurers and reinsurers willing to take the following risks:
- a hurricane hitting florida
- california having an earthquake
- a racehorse might die
- bars might get sued for serving too much booze to a patron
- brokers might get sued for lying to customers
Lease residuals are tame by comparison.
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
|
|
|
|
|
07-25-2008, 02:10 PM
|
#23
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Quote:
Originally Posted by brewer12345
There are insurers and reinsurers willing to take the following risks:
- a hurricane hitting florida
- california having an earthquake
- a racehorse might die
- bars might get sued for serving too much booze to a patron
- brokers might get sued for lying to customers
Lease residuals are tame by comparison.
|
Kind of like NML owning jets and leasing them to United and others at a fat premium. Although some of those jets are grounded, they made PLENTY of money......... 
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
|
07-25-2008, 02:14 PM
|
#24
|
|
Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
|
We got out of the reinsurance business a while ago... but, as an aside, one of the funny things we had to check for was to make sure that we hadn't accidentally insured the original product or insured one of the upstream reinsurance companies.
|
|
|
|
|
07-25-2008, 02:17 PM
|
#25
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
|
*Sigh*
In 2003 or so, I watched an awful lot of life insurance executives get awfully sick of hearing about the EETCs they had bought a few years before. Fortunately, most of them seemed to have avoided the same mistake with subprime MBS this time around.
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
|
|
|
|
|
07-25-2008, 04:29 PM
|
#26
|
|
Thinks s/he gets paid by the post
Join Date: Dec 2004
Posts: 1,798
|
Quote:
Originally Posted by FinanceDude
BTW, GE Capital exited the leasing business (new and used) quickly after a $230 million dollar loss in ONE QUARTER several years ago...........
|
GE Capital might have exited teh leasing business, but GE Leasing started up. I think both are essentially the same company.
__________________
You don't want to work. You want to live like a king, but the big bad world don't owe you a thing. Get over it--The Eagles
|
|
|
|
|
07-25-2008, 08:05 PM
|
#27
|
|
Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,822
|
Aren't they collectively referred to as "the Big Three Automakers"?
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
|
|
|
|
|
07-27-2008, 05:56 AM
|
#28
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Quote:
Originally Posted by Nords
Aren't they collectively referred to as "the Big Three Automakers"?
|
They are NOW!!!
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
|
07-28-2008, 02:45 AM
|
#29
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2005
Posts: 5,634
|
except for jeep i really have to think hard about what it is chrysler makes
|
|
|
|
|
07-28-2008, 07:11 AM
|
#30
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
|
Quote:
Originally Posted by mathjak107
except for jeep i really have to think hard about what it is chrysler makes
|
Crap, mostly.
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
|
|
|
|
|
07-28-2008, 07:40 AM
|
#31
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Quote:
Originally Posted by brewer12345
Crap, mostly.
|
To be exact, bad gas mileage crap.........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
|
07-28-2008, 12:41 PM
|
#32
|
|
Moderator Emeritus
Join Date: Aug 2007
Location: Just north of the 41st parallel
Posts: 14,611
|
Jeeps are ok, but lead the league in bad gas mileage.
|
|
|
|
|
07-28-2008, 12:45 PM
|
#33
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Quote:
Originally Posted by Ronstar
Jeeps are ok, but lead the league in bad gas mileage.
|
I suppose Hummer could say that too.........great if you're offroad in a jungle, but you'll need a trailer to carry all the gas you'll need...... 
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
|
07-28-2008, 12:49 PM
|
#34
|
|
Moderator Emeritus
Join Date: Aug 2007
Location: Just north of the 41st parallel
Posts: 14,611
|
you're right - my 133k mileage grand cherokee gets 16 mpg. I've never checked my Wrangler (it seems like the gas runs out of it before I have a chance to figure the mileage). Thats why I'm biking to work.
|
|
|
|
|
07-28-2008, 01:07 PM
|
#35
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Quote:
Originally Posted by Ronstar
you're right - my 133k mileage grand cherokee gets 16 mpg. I've never checked my Wrangler (it seems like the gas runs out of it before I have a chance to figure the mileage). Thats why I'm biking to work.
|
But if you go offroad, I can't follow you, I would need the BIKE.........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
|
07-28-2008, 01:08 PM
|
#36
|
|
Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
|
Dude, don't be hatin' on the Accord. I think you're underestimating its abilities.
|
|
|
|
|
07-28-2008, 01:21 PM
|
#37
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Quote:
Originally Posted by Marquette
Dude, don't be hatin' on the Accord. I think you're underestimating its abilities.
|
They're tearing up the road outside my office, and I've nearly bottomed out twice in the Accord. I need more clearance........... 
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
|
07-28-2008, 01:27 PM
|
#38
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 2,358
|
To be exact, bad gas mileage crap designed for middle class people who for some bizarre reasons want to look like gangsters.
__________________
"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
|
|
|
|
|
07-28-2008, 01:39 PM
|
#39
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Quote:
Originally Posted by Milton
To be exact, bad gas mileage crap designed for middle class people who for some bizarre reasons want to look like gangsters.
|
They do look good with 20 inch chrome rims...........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
| Thread Tools |
Search this Thread |
|
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
