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Emmett, ID Car Consumer Discussions

Re: Out of Line Wayyyy [rockylee]

by lemko on Tue Apr 14 17:44:37 PDT 2009

Shoot, if I had Dr. Emmett Brown's DeLorean, my girlfriend and I would go back to 1955 and stay there, live out our lives and hopefully be dead before 2009. She'd be driving her new blue 1955 Buick Special while I'd look forward to purchasing a new black 1957 Cadillac Fleetwood sedan in a year or so. Oh, I might also have a 1938 Buick Roadmaster and 1939 Cadillac Fleetwood V-16.

D'OH

by laurasdada on Sat Jul 12 15:10:39 PDT 2008

Ok, just caught up to all the posts. Sorry, Duke. You didn't stump many with that classic... Mack, in the words of Ric Emmett and Triumph (the rock group, not the car/motorcycle), "Fight the good fight!" Bon chance, mis ami...(ok, I don't speak or write French). Buena suerte, amigo. (ok, I don't speak or write Spanish).

Lawmaker: Woman forced to purchase cars

by rockfish1 on Fri Mar 30 18:55:09 PDT 2007

I've enjoyed reading the stories posted here by salesman and would like to contribute a story I saw in a local paper The Baltimore Examiner. A Baltimore County woman is getting help from her delegate over claims a local car dealership is forcing her to purchase two cars she can’t afford and doesn’t want. Del. Emmett Burns Jr., D-Baltimore County, said he is launching a campaign including legislation, media briefings and public protests at the Russel Toyota dealership on Route 40 in Catonsville, where he said Evelyn Campbell purchased two used vehicles in January. When Campbell’s credit union denied her financing, the dealership forced financing with a high interest rate without her signature and towed the cars to her house, he said. “They drove them to the house and left them there — I kid you not,” Burns said. “She said, ‘They can’t do this to me,’ and I agree.” Burns described Toyota Russel managers, whom he said he contacted three times, as “recalcitrant.” But Wade Sterry, the dealership’s general manager, said the Better Business Bureau, state’s attorney and Campbell’s attorney agree her complaints are invalid. Campbell drove one car off the lot they day she purchased it and left one for leather installation, Sterry said. Campbell signed a hold contract to delay the processing of the sales contract she signed for three days, and a delivery contract, which she said she thought allowed her to return the cars if financing was denied. But Sterry said Campbell understood she could not return the car unless the seller agreed or for legal reasons. “Once you buy a car, it’s final,” Sterry said. “There’s no changing your mind.” Not being in sales myself I wonder if it is OK for the dealer to auotmatically sign this person up to a high rate loan and tow the car to her house. I am also not sure if the paper work the person signed gave the ok for the loan. It seems like everybody in the story except the purchaser and the politician believes the woman has to keep the cars.

Re: Door lock ? [floridabob1]

by fgfan on Wed Feb 21 07:23:38 PST 2007

Thanks, guess I got confused on my sequence of events. Checked out and it works as you described. Thanks again! Emmett

Door lock ?

by fgfan on Wed Feb 21 06:08:31 PST 2007

New 2006 with 500 miles. Never lock it in the garage. A few days ago found doors locked. Unlocked, opened driver door and closed. Didn't lock but, while working in garage, heard doors lock and system re armed within a minute from closing door. Repeated this procedure several times and system re armed every time. Now has since quit automatic arming function. Anyone know what's going on? Thanks, Emmett

Ethanol company investment?

by seniorjose on Thu Jun 15 16:27:19 PDT 2006

Is Ethanol Worth the Hype? By Ryan Fuhrmann, CFA June 15, 2006 If you recall the movie Back to the Future, nutty professor Dr. Emmett Brown, a.k.a. "Doc," created a time machine capable of driving back and forth in time. During one of his trips back to the future, Doc invented an automotive fuel source capable of blending and transforming fruits and veggies from a Cuisinart into a petrol equivalent. According to Doc, "The way I see it, if you're gonna build a time machine into a car, why not do it with some style?" He was probably talking more about the DeLorean sports car body, but the Cuisinart was definitely a classy feature. The future for today :) Maybe some day there'll be a plethora of time machine companies, all of which will gladly offer shares to investors to allow them to participate in jaw-dropping sales growth while also subsidizing company development costs and years of operating losses. Until that time, we'll have to settle for the developing investment craze of ethanol companies, which are capable of turning crops such as corn into an alternative fuel source -- kinda like that Cuisinart from Back to the Future. The current crazePart of the growing ethanol hype is yesterday's share offering of VeraSun (NYSE: VSE) to the public at $23. VeraSun is the second-largest producer of ethanol in the U.S. The company plans to use the stock proceeds to build more ethanol plants and expand market share. Imagine that. The stock opened at $28 and shot to $30 by the close of the market for a 30% gain on the day. Great Scott! No wonder investors want in on the action. And shares of Archer Daniels Midland (NYSE: ADM) have nearly doubled this year as investors discovered it's the largest producer of ethanol in the United States. Soon-to-be-public companies include Aventis Renewable and Hawkeye Energy. There will be no shortage of ethanol IPOs as long as investors willingly snap up the shares. The issues with ethanolClearly, there are merits to producing ethanol and using it as an alternative to oil-based gasoline. It would most definitely benefit domestic farmers with a huge new market to sell corn into. It would also reduce American dependence on oil from the geopolitically charged Middle East. On the flipside, it's unclear whether ethanol is, or will be, more affordable than gasoline. The issue is further complicated by factors such as subsidies provided to ethanol producers and fluctuating oil prices. If oil were to return to $20 a barrel, for instance, SUVs might even revisit their heyday. There's also a rather critical debate as to whether more energy is actually expended to create ethanol than is spent using it as a fuel source. And what about concerns that ethanol might damage engines and clog up filters? In other words, there are quite a few issues yet to be worked out. Berkshire Hathaway weighs inThere's no better illustration of these issues than a summary of Charlie Munger's and Warren Buffett's thoughts on the subject at the May annual Berkshire Hathaway (NYSE: BRKa) meeting in Omaha, courtesy of fellow Fool Rick Casterline's copious note-taking. Question: What is your opinion on the economics of ethanol as a fuel additive and as a potential investment? Should I be looking at that industry? WB: Charlie and I don't know enough to answer that latter part. We've been approached many times, but we're trying to figure out the economics of an ethanol plant. It will depend on many factors, such as government policy and a lot of other variables we're not good at predicting. It's also a very hot area for investors right now, and our general experience is that we don't participate in things that are hot and easy to raise money for. I have a son who is head of the Ethanol Board in Nebraska. When he starts making more money than me, I'll reconsider. There's no question that usage will grow, but generally speaking, agricultural processing firms have not earned high ROICs. Look at Cargill, ADM. It has not been a great business. Ethanol could prove to be an exception, but I'm not sure how you gain a significant competitive advantage with any particular ethanol plant. CM: My attitude is even more hostile than Warren's. I have just enough knowledge of thermodynamics left in me to suspect that it takes more fossil fuel energy than you can get out of ethanol, and that's a very stupid way to solve an energy problem. [Laughter] The Foolish bottom lineIn summary, there will be a substantial amount of money made and lost by companies and investors alike as they wrangle over ethanol and its market potential. Cynicism aside, ethanol has promise. If the economics become compelling, the industry has the potential to greatly benefit oil-dependent domestic and international economies, as well as the environment. But from an investment perspective, until that promise develops, the Foolish investor would be wise to passively watch this one unfold from the sidelines.