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What loan?They will just increase the term of the loan. Instead of 60 months, it will be 120 months.
So Americans will be paying off their car purchase for 10 years? And that isn’t driving up the cost of the car?They will just increase the term of the loan. Instead of 60 months, it will be 120 months.
Because we have been conditioned to worship wealth..People who produce the cars want a raise = bad.
People want an ever increasing "shareholder value" = good.
I'll never understand it.
www.pbs.org
I paid $7000 including the sales tax for a 2003 Mercury Grand Marquis LS.Still around $20,000 and up.
Depends on what you include as labor. It's probably closer to 80 percent.Funny how only 5% of the total cost of the car goes towards labor costs.....but ok.....
20 years old! My car was 17 when I dumped it.I paid $7000 including the sales tax for a 2003 Mercury Grand Marquis LS.
$733.00, and just think if these workers get their ridiculous demands met, you can bet the new car price is going to skyrocket further.
$733.00!!! Henry Ford has got to be rolling in his grave.
- The United Auto Workers went on strike on Friday after the union's four-year contract expired.
- The strike could impact car prices and the US economy.
- The cost of a new car has increased since the pandemic slowed production.
The average monthly payment for a new car was $733 in the second quarter of 2023. That could rise if auto workers strike long enough.
The auto workers strike could hit consumers' wallets if the work stoppage lasts long enough.www.businessinsider.com
So workers are worthless and should be treated like such. Got it.Those men that Ford hired knew their worth.
These greedy little UAW workers have no idea they are next to worthless.
Without Queer Barry's bailout there would be no GM or Chrysler. Without the massive government subsidies for these stupid EVs and government fleet sales the American car companies would have no future.
Labor represents about 15% of new car prices. It will go to about 20% if they get their demands.
Lots of benefits with longevity of employment.It’s a far cry of the strikes of the old days where you actually had tens of thousands of Americans take them to the streets and were supported by their wives. They were fighting the police officers attempting to break the strike. They were fighting the scabs. What a beautiful time in history when Americans were standing up for what was right
Look at how terrible America is today. People are happy to be on drugs and making 15 bucks an hour. Back in the 1950s adjusted for inflation they were getting 35 bucks an hour and the whole country was doing great. There’s no excuse to not have a strong middle class in the strongest country in the world.
So if you start off at Ford motor company today you make around 18- $20 an hour with no pension no good benefits. But back in the 1950s all the way up until I think 2000 you got equal pay after 90 days on the job making like $35 an hour adjusted for inflation. So that type of thing worked for decades on
We have horrible politicians. And today’s wealthy CEOs are monstrous their nothing like they used to be.
That’s how bad America is today they convince people to waive the BLM flag and they convince people to make no money, and be happy to live in a tiny communist apartment, eating bugs, using drugs.
www.payscale.com
Grand Marquis run forever. This is my third one. Great cars.20 years old! My car was 17 when I dumped it.
That depends on what is classified as labor.Labor represents about 15% of new car prices. It will go to about 20% if they get their demands.
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It’s because workers have few rights and wealthy shareholders have lots of rights. It’s the American Way. Money rules.People who produce the cars want a raise = bad.
People want an ever increasing "shareholder value" = good.
I'll never understand it.
They do run forever, but they sure are ugly.Grand Marquis run forever. This is my third one. Great cars.
Why would increasing union wages and benefits rise car prices, when the companies have been making tremendous profits for years?$733.00, and just think if these workers get their ridiculous demands met, you can bet the new car price is going to skyrocket further.
$733.00!!! Henry Ford has got to be rolling in his grave.
- The United Auto Workers went on strike on Friday after the union's four-year contract expired.
- The strike could impact car prices and the US economy.
- The cost of a new car has increased since the pandemic slowed production.
The average monthly payment for a new car was $733 in the second quarter of 2023. That could rise if auto workers strike long enough.
The auto workers strike could hit consumers' wallets if the work stoppage lasts long enough.
It is because of the national wealth produced by investors, entrepreneurs, and the government that the common man is able to attain wealth. Hard to get rich in a poor country.It’s because workers have few rights and wealthy shareholders have lots of rights. It’s the American Way. Money rules.
