Wednesday, May 13, 2009

Re: [Classic Mustang] Purchase Conundrum

Well, look at it this way: the "foreign" car made in the US is paying US
prices for steel, for tires, for plastic fixtures, for electricity, for
building materials, for business taxes, and especially for labor
costs. Given that labor is such a high proportion of the cost of a car
(that's the prime reason ALWAYS given for moving stuff off-shore), then
buying the "foreign" car made in the USA is almost certainly keeping more
of the $$$ spent actually in the US. The profit might go overseas (but not
all of it, as it's taxed, remember?), but the profit on a $15,000 car
doesn't come close to being as significant as just the labor costs alone
(and remember, labor costs include FICA taxes, health programs, medicare
taxes, cost of facilities to support the employee, not just salary or
hourly wages).

Personally, I buy American simply because I happen to like American cars (I
much prefer my Jeep Grand Cherokee with a Hemi to anything built
overseas). But that didn't stop me from buying a Toyota pickup at one
time, simply because it was a great value - and stayed that way for its 15+
lifetime before my family got rid of it.

At 01:03 PM 5/13/2009, kalvi001@umn.edu wrote:
>I would buy the US Company car made elsewhere! Why? That way our American
>dollars stay with American companies. (I don't want profits going to
>foreign company's who use it to buy up America) Sure, it would be nice to
>have it both ways, buying American cars made by Americans. But less and
>less are being made here. So the best alternative, in my opinion, is to
>keep profits here by buying a great American car. Jeff
>
>
>On May 13 2009, Dennis wrote:
>
> >Here's a real conundum...
> >
> > If you were buying a new car would you buy one from a US based
> > manufacturer that was made overseas (i.e. Ford Fusion in Mexico) or would
> > you by one that is virtually all made in the US but the company is
> > foreign (i.e. Toyota Camry made in KY)?
> >
> > My wife and I drove a 2010 Fusion hybrid and the car is absolutely
> > amazing, but I have relatives who work for Toyota in the US.
> >
> >Let the debate begin...
> >
> >
>
>--
>Jeff Kalvik
>612-636-1389
>
>
>
>------------------------------------
>
>Yahoo! Groups Links
>
>
>
---

Dan O'Reilly
1971 Bright Red Mach 1
2002 Black Deluxe Convertible
Colorado Springs, CO


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