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  • From: "Don Bowen" <don.bowen AT earthlink.net>
  • To: <homestead AT lists.ibiblio.org>
  • Subject: Re: [Homestead] need a work truck?
  • Date: Fri, 8 Aug 2008 19:33:50 -0500

> I was driving down the west coast yesterday and heard an ad on the
> radio, a Dodge dealer is selling his new Dodge trucks for 50% off the
> MSLP. Sounds like they are trying to get rid of them, if you need a
> truck, if you were thinking about a new one now is the time.
> The world is changing fast...

That was happening in the San Francisco Bay area last spring. Big pickups
and SUVs were selling for 25% to 50% off. Just about every lot you passed
was loaded with pickups.

Ford announced a significant cut back in its leasing operations and that if
there is no improvement in the bottom line will stop leasing altogether.
The reason is the plunge in auction prices for pickup and SUV lease returns.
Chrysler announced some similar recently and I expect GM to do the same.

Don Bowen KI6DIU
http://www.braingarage.com/Dons/Travels/journal/Journal.html





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