[josephr25]

Can't spend when my dad might lose his job next year.

[herbz]

Originally Posted by Kampfer

Can't spend when my dad might lose his job next year.

maybe your dad should sell your (his) car and try teaching his son the value of money.

or you could try moving out, getting a job, not taking anything from daddy and see how long it takes to make enough to buy the 335i you're driving.

[josephr25]

Originally Posted by herbz

maybe your dad should sell your (his) car and try teaching his son the value of money.

or you could try moving out, getting a job, not taking anything from daddy and see how long it takes to make enough to buy the 335i you're driving.

Maybe you should take that stick up your ass and know that I am paying for my car myself, down payment and all. I'll add insurance and gas and all maintenance while I'm at it, among numerous other bills to pay. Whatever I have left, after 401K and savings deposits, I buy a set of some stupid aluminum pedals.

Maybe you should teach yourself not to assume things, because you make an ass of you but not me.

[petener999]

Not this shit again...

[josephr25]

Originally Posted by petener999

Not this shit again...

Well that douche herbz has nothing to stand on. Even funnier is that he didn't comment on the topic and will probably not even come back

And as for the topic, BMW is not the only one suffering. I don't think people want to commit a substantial amount of money into anything right now when people fear losing their jobs among other things.

[petener999]

That's true a lots of people are cutting down their spending...

[RambleJ]

If we don't spend we are going to see alot more jobs lost. Yes it is true that we are buying alot of stuff "made" outside the US. But the stores that US citizens work in rely on selling these products... No products being sold no need for the stores to be open.

[Year's_End]

Originally Posted by RambleJ

If we don't spend we are going to see alot more jobs lost. Yes it is true that we are buying alot of stuff "made" outside the US. But the stores that US citizens work in rely on selling these products... No products being sold no need for the stores to be open.

RambleJ? RJD2?

[RambleJ]

RJD2??

[Sedan_Clan]

Originally Posted by 320what

Probelm for BMW is that their cars are not really luxury enough to be in demand by the elite rich who will keep buying Porsches and Lambos. BMW is a mass market luxury car, therefore it WILL suffer from the drop in demand. So expect factory closures, cost cutting, quality going a bit down. all the good stuffˇ. I imagine that quality wise, E46 would remain as best made 3 series for a while.

You've got to be kidding. One of the largest Lambo dealers just recently closed its doors due to low demand. The economy is affecting EVERYBODY!

Originally Posted by herbz

maybe your dad should sell your (his) car and try teaching his son the value of money.

or you could try moving out, getting a job, not taking anything from daddy and see how long it takes to make enough to buy the 335i you're driving.

A bit uncalled for....no? You're making huge assumptions without any knowledge about their financial situation.

[FStop7]

Originally Posted by Sedan_Clan

You've got to be kidding. One of the largest Lambo dealers just recently closed its doors due to low demand. The economy is affecting EVERYBODY!

Lambo claims it had nothing to do with the economy. Sounds like BS to me, but they claim it's true.

[watrob]

Originally Posted by Deda

everything is going to be just fine!

Are these the words your Banker says to you just after they repo your house,

"everything is going to be just fine!"

Famous last words they are!

[Year's_End]

Originally Posted by RambleJ

RJD2??

lol nvm. he's just a music artist i like.

RJD2 (born Ramble John "RJ" Krohn on May 27, 1976) is an American music producer, singer and musician. RJD2 was born in Eugene, Oregon, and raised in Columbus, Ohio. He currently resides in Philadelphia, Pennsylvania. He was signed to the Definitive Jux label where he released two largely instrumental hip hop albums and has produced tracks for many prominent rappers. However, he has now left Def Jux and has signed with XL Recordings.[1] His latest album, The Third Hand, is a striking departure from his usual style and features RJD2 singing and playing instruments on nearly every track.

http://en.wikipedia.org/wiki/RJD2

[JIM E92]

Isn't BMW now worth more than the Detroit Three combined?

[bulldog_yyc]

the bailout should go in this order

BMW
Mercedes
Audi

The rest of the inferior car manufacturers........

[scheherazade]

Originally Posted by Bobby_Light

That's the thing. The US doesn't produce anything anymore. We buy imported goods - largely from Asia. You can buy stuff, but you're not supporting the US; you're supporting foreigners in most cases. China is the new US. They will be reaping the benefits of their efforts in the 21st century much like the US did in the 20th century.

20% of our entire GDP is manufacturing.
In some states as much as 30% of entire state GDP.

There are maybe half a dozen nations whose ENTIRE GDP manages to exceed just our manufacturing GDP.

Imports are just highly visible, because we have many cheap items that are simply everywhere.


We just need people to get used to things, so they can get over their discomfort, and start buying again. You need demand to pay people's salaries.
Saving is nice and all, but if everyone saves then we all lose more money in the long run via lost income.


People like to jump to extremes. "We have to all save!" "We have to all spend!". Seriously... just do both in moderation. Get a grip and start enjoying life, and in the mean time put some cash aside each month. This isn't rocket science. Balance your impatience versus your income. Elementary subtraction is the only skill you need to win at this game.

-scheherazade

[stickypaws]

Originally Posted by FStop7

Lambo claims it had nothing to do with the economy. Sounds like BS to me, but they claim it's true.

They won't admit this but it's actually because everyone's now realized the new Lambos are really just VWs with bigger engines.....

[stickypaws]

Originally Posted by scheherazade

We just need people to get used to things, so they can get over their discomfort, and start buying again. You need demand to pay people's salaries.
Saving is nice and all, but if everyone saves then we all lose more money in the long run via lost income.
Get a grip and start enjoying life, and in the mean time put some cash aside each month. This isn't rocket science. Balance your impatience versus your income. Elementary subtraction is the only skill you need to win at this game.
-scheherazade

All very elementary for those who live on a paycheck. Simple.

But I just received my monthly statement yesterday and I have lost $12,917.71 for the month of November. That's money that no longer exists. It's gone. My real estate holdings (two houses) are worth a lot less than they were worth this time last year. That's money gone. It no longer exists. You want me to go out and buy stuff? When my value has diminished so much? When my assets are dwindling? These are real life assets disappearing, not just something written on paper.

Would you go out and spend, spend, spend if your employer decided to give you only 1/3 of your paycheck next time? And what if they said, "oh, and by the way, we're not sure but maybe next time we'll take out an additional 1/3."

Living on a paycheck and saving a little bit here and there is one thing, but if you have money tied up in various investment tools and you're watching it implode, that's something else all together. Why the hell do you think investors are pulling their money and stashing it away in cash? Why do you think bankers are doing the same and not lending? Do you think rich people have all their money sitting in little savings accounts? No, and the reason why they're rich is because they invest. But with everything imploding around them, they pull their investments and horde the cash. Simple.