Monday, November 03, 2008

Those Chrysler Commercials...

... that guaranteed $2.99/gallon gas sure look dumb now, don't they?

So if you bought a Chrysler back then, you now have:

1) A guarantee to be able to pay $2.99/gallon for gas that, in my area, is going for about $2 per gallon;

2) A hefty four-wheeled liability whose value dropped like a rock the minute you cleared that last dealership speedbump;

3) One of the least-reliable makes on the road; and

4) The prospect of watching later models come out at ever-cheaper prices as U.S. automakers do anything and everything to sell cars into a recessionary environment. (Which will further exacerbate #2 above, mind you.)

Woo hoo. Gotta be feelin' good about that purchase.

(BTW, today, one can fill up here in Norman for $1.99/gallon. Seeing that price just feels ... odd.)


— Posted by Michael @ 8:15 AM


You forgot 5), owning a car built by an on-the-verge-of-bankruptcy manufacturer.


Yeah, that LIFETIME POWERTRAIN WARRANTY isn't going to be worth much when the company has gone to hell in a handbasket.

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Thoughts on my personal finances, goals, experiences, motivations, and accomplishments (or lack thereof).

My financial life began turning around when I took responsibility for it.
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