sent back oversees just start with the purchase of the car, you have to
figure in all the repairs/parts sold by the dealerships as well. I saw some
figures once which indicated that most of the profits are made after the
car is sold. The repair shops and parts business is big money for the car
makers.
I can see the argument from both sides. I've owned/own foreign cars but in
the future I'll buy American and I hope to convince my wife/kids to do the
same. My cars now are a '99 Mustang GT Convert, a '97 F150 for the winter,
and the '68 Fastback in the garage that I've been working on for...well,
many years. My wife has an Acura SUV and to be completely honest we also
have an older BMW, 172K miles, that we acquired from our daughter when she
bought a Ford SUV. So we have a mixed bag but only the ACURA was bought
new.
On May 13 2009, Dan O'Reilly wrote:
> 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
>
>
>
--
Jeff Kalvik
612-636-1389
------------------------------------
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