Originally posted by Adam S.:
I think everyone's guilty of all the rebates and incentives these days. Honestly, GM doesn't really care what happens to resale value. They only care about big overall sales numbers, sometimes moreso than actual profit. They've hit sales records the past couple years, which is all that matters to them. It just sucks for the ones trading in their old models. But look out, it's going to get worse again. GM announced a couple weeks ago that they're going to get aggressive with their rebates, etc. again, due to slipping sales. It's a buyer's market these days, and that's about it!
Adam you make a good point. everyone cares about upping the ante, more and bigger sales figures, not resale or what it does to people or the company. every business is like that. But isnt there some limit out there? Isnt there a point where the car market is just saturated and sales have to eventually slip a little? Why is a dip in the numbers so awful? they eventually go back up again when the next round of buyers come to the table.
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