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Prospect, OR Car Consumer Discussions

Re: Steve...... [rockylee]

by circlew on Sun Nov 16 17:33:25 PST 2008

Before I would bailout UAW members and their companies, how about the other Americans out of work. Funny how only Auto employment counts. Well, join the club because one way or the other, the Big 3 are history. Pay now or later but forget what you see today. UAW will DIE as an entity. Considering this news, who the heck is going to buy a car from a failing THREE? U.S. jobless claims reach 7-year high Last Updated: Thursday, November 13, 2008 | 1:57 PM ET Comments6Recommend6 CBC News U.S. initial jobless claims have hit their highest since the aftermath of the Sept. 11, 2001 terrorist attacks, according to figures released Thursday. The U.S. Department of Labour said the number of Americans who asked for unemployment benefits spiked at 516,000 for the week ended Nov. 4. That level represented a jump of seven per cent, or 32,000, compared with a week earlier. The jobless claims figures also was the highest since the last week of September 2001. Worse still, economists had expected the number to remain roughly stable at 484,000. The jobless claims figures indicate a U.S. economy with its prospects heading south, experts said. "This report provides little reason for optimism about any easing in the pace of jobs declines from the 240,000 drop in October and the risk of an even more pronounced drop," said RBC Economics assistant chief economist Paul Ferley in a commentary Thursday. As a four-week average, 491,000 Americans asked for employment benefits in the most recent reading, up 13,000 from the 477,000 one week earlier. Examining these figures as a monthly average reduces the economic effect of a single event, such as a hurricane, on employment. Another measure of the weakening U.S. jobs situation — the number of workers who receive employment benefits on a continued basis — stayed at a five-year peak. For the past three weeks, U.S. continuing jobless claims averaged 3.7 million, the highest figures since June 2003. Regards, OW

Re: Yep... [steve_]

by circlew on Sun Nov 16 17:41:09 PST 2008

I wouldn't bet the farm with taxpayer's money to bail them out either. There's a whole heck of a lot of angry folks that are in worse shape that might have something to say about bailing out the UAW jobs! U.S. jobless claims reach 7-year high Last Updated: Thursday, November 13, 2008 | 1:57 PM ET Comments6Recommend6 CBC News U.S. initial jobless claims have hit their highest since the aftermath of the Sept. 11, 2001 terrorist attacks, according to figures released Thursday. The U.S. Department of Labour said the number of Americans who asked for unemployment benefits spiked at 516,000 for the week ended Nov. 4. That level represented a jump of seven per cent, or 32,000, compared with a week earlier. The jobless claims figures also was the highest since the last week of September 2001. Worse still, economists had expected the number to remain roughly stable at 484,000. The jobless claims figures indicate a U.S. economy with its prospects heading south, experts said. "This report provides little reason for optimism about any easing in the pace of jobs declines from the 240,000 drop in October and the risk of an even more pronounced drop," said RBC Economics assistant chief economist Paul Ferley in a commentary Thursday. As a four-week average, 491,000 Americans asked for employment benefits in the most recent reading, up 13,000 from the 477,000 one week earlier. Examining these figures as a monthly average reduces the economic effect of a single event, such as a hurricane, on employment. Another measure of the weakening U.S. jobs situation — the number of workers who receive employment benefits on a continued basis — stayed at a five-year peak. For the past three weeks, U.S. continuing jobless claims averaged 3.7 million, the highest figures since June 2003. This is going to be a very interesting week. It's the best Reality TV you will ever see! Regards, OW

no title

by m4d_cow on Sat Nov 15 22:13:24 PST 2008

Hey there, Gardis. I have no 1sthand experience with the 5-series, but a former co-worker of mine (laid off last week, bless him) has a 535i. Gas mileage, last time I heard he got 16mpg city and 23mpg highway. In this regard I must say you're mistaken about the notion of turbo = gas guzzler. In fact I got almost the same result from my experience testing a 2005 530i, whch came up with 18-24mpg. Considering the massive power bump from 225 up to 300hp and the new engine's extra mass, I say its more than decent enough. Power is decent from any perspective, but the best part is that the auto tranny is more refined than the previous version (which in 2005 530i I tested, tend to lunge from one gear to another). As for the i(diot)Drive, I have no clue about the new one but the previous version was very inconsistent. It worked fine in one car, but can be hideously slow in another. As a reference he mentioned the slow operating NAV but the rest of the system works just fine. It may be daunting at first but you'll quickly adapt to it overtime, even better if you're used to computer mouse. Think of it as a button-less home theater remote, not that hard to use. The only scary part imo, is the distraction produced from operating i-drive while driving (not recommended). However 28k miles in 1 year is an awful lot, personally I'd skip on that vehicle as it wont even pass for CPO. I can only think of 2 explanations for such mileage: 1) The car's been put through many long distance trips 2) The car was a "program car", aka test-car for auto journalists or promotional use Neither is a good prospect. Being a former tester means the car's been abused, abuse is never good no matter how good BMW mechanics are at performing maintenance. If the car's been put through many long distance drivings then expect pricy turbo replacement in the near future. Overly worked turbos dont last, and 28k/yr miles is a lot of work.

Lease or Buy?

by gardis on Sat Nov 15 21:25:22 PST 2008

Guys, I have learned a lot from these forums. I just read the Edmunds "10 Steps..." and I still can't figure out, why would you choose to lease a car, if at the end of the procedure, you are left with nothing, and you n eed to start all over again? After two cycles of that, you would have paid off a car. Why doesn't the prospect of permanent car payments, plus the down payment on a lease which is never recovered, be attractive? Can a single person with out a business reason for the car, get a tax deduction off FedINc Taxes? I don't think so. Just curious, I'm trying to learn more, and thanks so much. I've really gotten a lot out of these forums. Amazing depth of knowledge displayed here, my hat is off to you! Gardis in CT gardis72@gmail.com

Re: I'd be in agreement for a government sponsered takeover of GM.. [tlong]

by kdhspyder on Fri Nov 14 16:48:58 PST 2008

That would be the E-flex system in the upper tier. I actually think that it has good long term prospects assuming GM stays afloat. The Volt itself won't save GM but it has to be keep in development for the next decade. It has to be on the streets for them to get solid long term feed back. This is a good use of Federal funds IMO.

Re: No bailout without addressing the UAW [gagrice]

by dallasdude1 on Thu Nov 13 21:34:21 PST 2008

Working conditions in Japan called Sweatshop by Toyota workers. Gary you do understand what supply chain means? If your going to read it, read it right and entirely. Japan does use temp workers and suppliers. These aren't the natives. I saw the way they treat non-Japanese workers as oppose to their own kind/family. Your failing to see their culture and or seeing their culture from an American prospective.