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Old 11-07-2008, 02:56 PM   #25 (permalink)
trikkonceptz
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Join Date: Apr 2008
Location: Homestead, Fl.
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Evil Pumpkin - '08 Scion xD RS 1.0 #1633
90 day: 35.45 mpg (US)

Silent Silver Killer - '10 Honda Insight EX
90 day: 51.5 mpg (US)
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For what its worth, I firmly believe that it is the auto industry that will pull us out of this economic mess. Here is how it will go down. GMAC and Ford will become Banks, And by banks I mean their lending institutions not the car building side. By doing so they can go to the Fed window and ask for stimulus money to fund their loans instead of doing it through bonds as it is currently done. Once they have the liquidity to loan money by borrowing @ 1% you will likely see interest rates on car loans drop to 1.9% lets say for 60 mo instead of 6.9% + currently.

That ease in interest will bring consumers back into the car market and jump start this recession. The climb out will be slow, but mark my words it will start with the auto industry.
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