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Old 12-17-2008, 10:57 AM   #1 (permalink)
 
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Orphan's...My dealer had 7 last week

My local dealer had 7 orphan's last week, still think they have a few, MSRP. No "market" up charge.

Economic times are tuff! The novilty of own'n a smart is out when money is tight, Glad I bought mine to enjoy and use for work instead of just a niche' car.
23k and still love'n the car.

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Old 12-17-2008, 11:41 AM   #2 (permalink)
 
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Combine hard economic times with $2 gas and I can understand that demand may slip
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Old 12-17-2008, 12:23 PM   #3 (permalink)
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Saudi's are rattling their oil derricks. They are talking production cuts to raise barrel price to $70-75. Enjoy your smartie and the cheap gas for now. Be nice not to have to depend upon others for energy. 2 cents
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Old 12-18-2008, 09:55 AM   #4 (permalink)
 
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Cheap gas!!!!! I remember $0.27 per gallon and cigarettes at $0.17 per pack! Oh yes, my first brand new VW Beetle cost $1299 from the dealership. Now, that's inflation!
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Old 12-18-2008, 10:05 AM   #5 (permalink)
 
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Gringo, I must be just a bit older than you, worked at gas station during hi skool and sold regular for 0.179 and with that I washed your windows, checked your tires, battery and oil. Saw on some talk show that the Saudi's need to keep oil around $55.00 a barrel to make a profit...
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Old 12-18-2008, 12:18 PM   #6 (permalink)
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We know there's roughly 7% margin on these cars for the dealers; the big question for me is when will we start to see orphans going for below MSRP?
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Old 12-18-2008, 03:24 PM   #7 (permalink)
 
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Quote:
Originally Posted by burtandnancy View Post
Gringo, I must be just a bit older than you, worked at gas station during hi skool and sold regular for 0.179 and with that I washed your windows, checked your tires, battery and oil. Saw on some talk show that the Saudi's need to keep oil around $55.00 a barrel to make a profit...
As I understand things, the Saudi budget is predicated upon $75 oil below that and they have to dip into their reserves (money reserves). Venezuela has based theirs upon $60 oil so they have a bit more cushion. The difference is that the Saudis use their money to prop up our economy by buying Treasury notes and Hugo Chavez uses his to foment revolution in our backyard. Remember every dollar you spend at a Citgo station is a quarter in Hugo's slush fund......
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