March 2009
Underwater Car Loans
U.S. auto dealers have sold 16.1 million vehicles in 2007. The year after the sales were down by 18% showing only 13.2 million. The statistics of the first two months in 2009 reflexes 30-50% sales drops for various manufacturers which means the sales keep slowing down.
December 2007
Can You Buy a New Truck with Only a Pocket Change?
His last truck Paul Brant, 70 years old, bought 13 years ago. Since that time he has been saving pocket change for his new truck. He got it on Friday and gave for the car $26,670 – all in dollar coins and rolled quarters.
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(2 marks)
