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re: After always owning a Chevy or GMC, I finally made the switch.

Posted on 3/3/14 at 10:01 am to
Posted by TexasTiger
Katy TX
Member since Sep 2003
5325 posts
Posted on 3/3/14 at 10:01 am to
quote:

Nothing to pay back


You may want to read up on that...
Posted by LSU 318 LSU
El Cerrito Place
Member since Jan 2011
4278 posts
Posted on 3/3/14 at 10:14 am to
quote:

You'll never look back.
Posted by AlxTgr
Kyre Banorg
Member since Oct 2003
81762 posts
Posted on 3/3/14 at 10:15 am to
quote:

Nothing to pay back

$5.9 billion.
Posted by warr09
Georgia by way of Baton Rouge
Member since Jan 2013
800 posts
Posted on 3/3/14 at 10:22 am to
Should have gotten a Lariat.
Posted by lsufan1971
Zachary
Member since Nov 2003
18420 posts
Posted on 3/3/14 at 10:42 am to
quote:

Do you realize that GM paid back all of their loans? Not only did they pay them back but they did it on the Feds' terms earlier than required. I do not understand why people are still upset. Hopefully you took a few economics classes and learned about to big to fail. It would have more detrimental to the country if they would have gone under. Fact.


LINK

quote:

General Motors’ (GM) troubled lending arm remains billions of dollars in debt to taxpayers.
Posted by Jenar Boy
Elsewhere
Member since Aug 2013
12564 posts
Posted on 3/3/14 at 10:58 am to
Wasn't a bailout or bankruptcy. And yes it probably helped them through a rough stretch, it was a loan to develop more fuel efficient cars.
Posted by weagle99
Member since Nov 2011
35893 posts
Posted on 3/3/14 at 11:39 am to
quote:

When you get older you will quit listening to "reviews" and think for yourself. Those reviews are bought and paid for every year.


My thoughts for myself:

Tundra styling is not that attractive (particularly crew cab)
Fuel mileage is poor
Power to weight ratio is poor
Crew cab bed is one of the smallest available
Toyota ergonomics typically suck

Toyota did the least with their redesign of the manufacturers with regard to new parts, features, etc. And the Tundra was exactly a world beater before that. They are content to be an also ran and sell to true believers.
Posted by Hu_Flung_Pu
Central, LA
Member since Jan 2013
22218 posts
Posted on 3/3/14 at 11:56 am to
From my research, the Tundra actually had the second best mpg rating right behind Ford.
Posted by Ole Geauxt
KnowLa.
Member since Dec 2007
50880 posts
Posted on 3/3/14 at 12:10 pm to
quote:

Do you realize that GM paid back all of their loans? Not only did they pay them back but they did it on the Feds' terms earlier than required. I do not understand why people are still upset. Hopefully you took a few economics classes and learned about to big to fail. It would have more detrimental to the country if they would have gone under. Fact.


too much stink in one pile of bull shite,, the flys are even repulsed.
Econ 101....it's my phuquin money and I'll spend it on what I want to..
I will not spend it on a vehicle that I felt that I had an undevided ownership already in. People bitch about people taking handouts all the time,, but are willing to continue to pay companies that do the same thing? Go ahead, that's certainly your prerogative,,, but I hope you never have anything to say about free cheese, free phones, welfare, section 8, stamps,, not a damn thing about anything free to anybody or anything.

btw,, yeah,, I had several economics classes,, liked some, hated some,, but I did notice that NONE of my professors ever had or ran a business of their own. JMO
Posted by TexasTiger01
Lake Houston
Member since Nov 2013
3215 posts
Posted on 3/3/14 at 12:22 pm to
quote:

but I did notice that NONE of my professors ever had or ran a business of their own. JMO


Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 3/3/14 at 12:38 pm to
quote:

GM/Chevy but they took a govt handout and ford didn't.



while true about the infamous bailout, Ford aint no stranger to Govt money:



quote:

Ford Motor owes the government $5.9 billion it borrowed in June 2009, the same month GM filed for bankruptcy.


they all take govt funds

I got no problem with what you like/buy, but thinking Ford doesn't take gov't money is just silly.
Posted by tankyank13
NOLA
Member since Nov 2012
7725 posts
Posted on 3/3/14 at 12:40 pm to
Huge difference between bailout and loan

The bailout was unprecedented, loans from department of energy are pretty common from what I understand.

GM did nothing to change it's poor business model, bond holders were fricked over royally..so eventually it will fail again.

Ford sold many of it's assets, restructured many aspects of it's company. Which has helped in it's product it sells.


This post was edited on 3/3/14 at 12:49 pm
Posted by weagle99
Member since Nov 2011
35893 posts
Posted on 3/3/14 at 12:50 pm to
The GM Bailout was largely a bailout of the UAW from what I understand.
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