Quote:
Originally Posted by Frank Lee
God Bless all the new car buyers; they create such a bountiful supply of cheap/free used cars for me!  |
Nice to see you thinking POSITIVE Frank!
But honestly the used cars and trucks sold used here in Kentucky often have between 100,000 and 300,000 miles. I have seen some real nice cars in the used lots here but I learned a long time ago that because so many people here have long drives to work that they really pack heavy miles on their cars fast. It's not as easy to find a good car at a bargain price with 30,000 miles or less- and that seems to be the big market here. Yet there is still a bigger demand for inexpensive used running cars/trucks if you know how and can afford to keep them running. The best I can do is work out a trade with a mechanic- I troubleshoot his laptop for his doing the same for my car. Otherwise every used car I ever owned was to "junky" to keep it on the road long. Now thanks to the Cash for Clunkers deal I bet mechanics lost a bit of business, but not for long.
I read somewhere that Americans have aprox. two cars for every person. In China it is something like 30 cars for every 1000 people- So there is the potential for much bigger demands on oil. When China grows their people with money they seem to love to buy Buicks I read. (go figure) We already have so many cars and trucks in America that the only real way to get a big demand for new cars is to scrape out the used cars and lower the price of the new ones.. and I would speculate that cash for clunkers thing was, in part, attempting to deplete some of the used cars so there could be more demand for new ones. I know if I was a mechanic I would have some strong thoughts on that deal.