F30POST
F30POST
2012-2015 BMW 3-Series and 4-Series Forum
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BMW 3-Series and 4-Series Forum (F30 / F32) | F30POST > BIMMERPOST Universal Forums > General BMW News and Cars Discussion > BMW worst crisis in history
Extreme Powerhouse
Post Reply
 
Thread Tools Search this Thread
      11-30-2008, 08:14 PM   #23
josephr25
Major
United_States
68
Rep
1,456
Posts

Drives: 2008 E92 335i
Join Date: Aug 2008
Location: Irvine, CA

iTrader: (2)

Garage List
Can't spend when my dad might lose his job next year.
Appreciate 0
      12-03-2008, 11:36 AM   #24
herbz
hi
United_States
94
Rep
837
Posts

Drives: '86 325e
Join Date: Oct 2006
Location: outside boston MA

iTrader: (0)

Quote:
Originally Posted by Kampfer View Post
Can't spend when my dad might lose his job next year.
maybe your dad should sell your (his) car and try teaching his son the value of money.

or you could try moving out, getting a job, not taking anything from daddy and see how long it takes to make enough to buy the 335i you're driving.
Appreciate 0
      12-03-2008, 03:34 PM   #25
josephr25
Major
United_States
68
Rep
1,456
Posts

Drives: 2008 E92 335i
Join Date: Aug 2008
Location: Irvine, CA

iTrader: (2)

Garage List
Quote:
Originally Posted by herbz View Post
maybe your dad should sell your (his) car and try teaching his son the value of money.

or you could try moving out, getting a job, not taking anything from daddy and see how long it takes to make enough to buy the 335i you're driving.
Maybe you should take that stick up your ass and know that I am paying for my car myself, down payment and all. I'll add insurance and gas and all maintenance while I'm at it, among numerous other bills to pay. Whatever I have left, after 401K and savings deposits, I buy a set of some stupid aluminum pedals.

Maybe you should teach yourself not to assume things, because you make an ass of you but not me.
Appreciate 0
      12-03-2008, 04:37 PM   #26
petener999
Private
petener999's Avatar
United_States
11
Rep
87
Posts

Drives: e65 750i, E46 M3
Join Date: Sep 2008
Location: L.A, Cali

iTrader: (0)

Not this shit again...
Appreciate 0
      12-03-2008, 04:59 PM   #27
josephr25
Major
United_States
68
Rep
1,456
Posts

Drives: 2008 E92 335i
Join Date: Aug 2008
Location: Irvine, CA

iTrader: (2)

Garage List
Quote:
Originally Posted by petener999 View Post
Not this shit again...
Well that douche herbz has nothing to stand on. Even funnier is that he didn't comment on the topic and will probably not even come back

And as for the topic, BMW is not the only one suffering. I don't think people want to commit a substantial amount of money into anything right now when people fear losing their jobs among other things.
Appreciate 0
      12-03-2008, 06:17 PM   #28
petener999
Private
petener999's Avatar
United_States
11
Rep
87
Posts

Drives: e65 750i, E46 M3
Join Date: Sep 2008
Location: L.A, Cali

iTrader: (0)

That's true a lots of people are cutting down their spending...
Appreciate 0
      12-03-2008, 06:22 PM   #29
RambleJ
Colonel
RambleJ's Avatar
No_Country
57
Rep
2,014
Posts

Drives: F10 535i M-sport
Join Date: Oct 2008
Location: Back in teh so cal

iTrader: (2)

If we don't spend we are going to see alot more jobs lost. Yes it is true that we are buying alot of stuff "made" outside the US. But the stores that US citizens work in rely on selling these products... No products being sold no need for the stores to be open.
Appreciate 0
      12-03-2008, 06:23 PM   #30
Year's_End
Lieutenant General
Year's_End's Avatar
United_States
1103
Rep
12,442
Posts

Drives: 2020 Shelby GT350
Join Date: Feb 2007
Location: FL

iTrader: (0)

Quote:
Originally Posted by RambleJ View Post
If we don't spend we are going to see alot more jobs lost. Yes it is true that we are buying alot of stuff "made" outside the US. But the stores that US citizens work in rely on selling these products... No products being sold no need for the stores to be open.
RambleJ? RJD2?
__________________
Past: '08 E92 335i|ZPP|ZSP|6AT
Past: '15 Mustang GT|401A|PP|6MT
Current: '20 Shelby GT350|6MT
Appreciate 0
      12-03-2008, 06:59 PM   #31
RambleJ
Colonel
RambleJ's Avatar
No_Country
57
Rep
2,014
Posts

Drives: F10 535i M-sport
Join Date: Oct 2008
Location: Back in teh so cal

iTrader: (2)

RJD2??
Appreciate 0
      12-03-2008, 07:29 PM   #32
Sedan_Clan
Law Enforcer
Sedan_Clan's Avatar
Brazil
24705
Rep
22,194
Posts

Drives: '22 Chalk Gray Porsche C2S
Join Date: Jun 2006
Location: ..in your rearview!!!

iTrader: (26)

Quote:
Originally Posted by 320what View Post

Probelm for BMW is that their cars are not really luxury enough to be in demand by the elite rich who will keep buying Porsches and Lambos. BMW is a mass market luxury car, therefore it WILL suffer from the drop in demand. So expect factory closures, cost cutting, quality going a bit down. all the good stuffˇ. I imagine that quality wise, E46 would remain as best made 3 series for a while.
You've got to be kidding. One of the largest Lambo dealers just recently closed its doors due to low demand. The economy is affecting EVERYBODY!


Quote:
Originally Posted by herbz View Post
maybe your dad should sell your (his) car and try teaching his son the value of money.

or you could try moving out, getting a job, not taking anything from daddy and see how long it takes to make enough to buy the 335i you're driving.
A bit uncalled for....no? You're making huge assumptions without any knowledge about their financial situation.
Appreciate 0
      12-03-2008, 08:33 PM   #33
FStop7
I like cars
FStop7's Avatar
Vatican City State
329
Rep
5,052
Posts

Drives: M6
Join Date: Oct 2008
Location: Newbury Park, CA

iTrader: (3)

Quote:
Originally Posted by Sedan_Clan View Post
You've got to be kidding. One of the largest Lambo dealers just recently closed its doors due to low demand. The economy is affecting EVERYBODY!
Lambo claims it had nothing to do with the economy. Sounds like BS to me, but they claim it's true.
Appreciate 0
      12-03-2008, 09:18 PM   #34
watrob
Lieutenant Colonel
watrob's Avatar
Australia
140
Rep
1,597
Posts

Drives: MY2022 X5 M-Sport 45e White
Join Date: Sep 2008
Location: Brisbane - Australia

iTrader: (0)

Garage List
Quote:
Originally Posted by Deda View Post
everything is going to be just fine!
Are these the words your Banker says to you just after they repo your house,

"everything is going to be just fine!"

Famous last words they are!
__________________

MY22 X5 M-Sport 45e White, 22"rims, Red Calipers, Ceramic Pads. Better off saying what it does not have and that's a B&O Audio System, otherwise all option boxes are ticked.
Appreciate 0
      12-05-2008, 03:06 AM   #35
Year's_End
Lieutenant General
Year's_End's Avatar
United_States
1103
Rep
12,442
Posts

Drives: 2020 Shelby GT350
Join Date: Feb 2007
Location: FL

iTrader: (0)

Quote:
Originally Posted by RambleJ View Post
RJD2??
lol nvm. he's just a music artist i like.

Quote:
RJD2 (born Ramble John "RJ" Krohn on May 27, 1976) is an American music producer, singer and musician. RJD2 was born in Eugene, Oregon, and raised in Columbus, Ohio. He currently resides in Philadelphia, Pennsylvania. He was signed to the Definitive Jux label where he released two largely instrumental hip hop albums and has produced tracks for many prominent rappers. However, he has now left Def Jux and has signed with XL Recordings.[1] His latest album, The Third Hand, is a striking departure from his usual style and features RJD2 singing and playing instruments on nearly every track.
http://en.wikipedia.org/wiki/RJD2
__________________
Past: '08 E92 335i|ZPP|ZSP|6AT
Past: '15 Mustang GT|401A|PP|6MT
Current: '20 Shelby GT350|6MT
Appreciate 0
      12-05-2008, 01:48 PM   #36
JIM E92
Lieutenant
15
Rep
410
Posts

Drives: 2007 328 Coupe
Join Date: Sep 2008
Location: Sandy Eggo

iTrader: (0)

Isn't BMW now worth more than the Detroit Three combined?
Appreciate 0
      12-05-2008, 06:27 PM   #37
bulldog_yyc
Major General
bulldog_yyc's Avatar
126
Rep
5,040
Posts

Drives: GT3RS
Join Date: Oct 2008
Location: probably work

iTrader: (28)

the bailout should go in this order

BMW
Mercedes
Audi

The rest of the inferior car manufacturers........
Appreciate 0
      12-05-2008, 09:08 PM   #38
scheherazade
Major
36
Rep
1,467
Posts

Drives: 09 GTR (& 93' accord!)
Join Date: Sep 2008
Location: DC metro area

iTrader: (8)

Quote:
Originally Posted by Bobby_Light View Post
That's the thing. The US doesn't produce anything anymore. We buy imported goods - largely from Asia. You can buy stuff, but you're not supporting the US; you're supporting foreigners in most cases. China is the new US. They will be reaping the benefits of their efforts in the 21st century much like the US did in the 20th century.
20% of our entire GDP is manufacturing.
In some states as much as 30% of entire state GDP.

There are maybe half a dozen nations whose ENTIRE GDP manages to exceed just our manufacturing GDP.

Imports are just highly visible, because we have many cheap items that are simply everywhere.


We just need people to get used to things, so they can get over their discomfort, and start buying again. You need demand to pay people's salaries.
Saving is nice and all, but if everyone saves then we all lose more money in the long run via lost income.


People like to jump to extremes. "We have to all save!" "We have to all spend!". Seriously... just do both in moderation. Get a grip and start enjoying life, and in the mean time put some cash aside each month. This isn't rocket science. Balance your impatience versus your income. Elementary subtraction is the only skill you need to win at this game.

-scheherazade
Appreciate 0
      12-05-2008, 09:13 PM   #39
stickypaws
Dictator
stickypaws's Avatar
55
Rep
1,811
Posts

Drives: people crazy
Join Date: Mar 2008
Location: where you want to be

iTrader: (0)

Quote:
Originally Posted by FStop7 View Post
Lambo claims it had nothing to do with the economy. Sounds like BS to me, but they claim it's true.
They won't admit this but it's actually because everyone's now realized the new Lambos are really just VWs with bigger engines.....
Appreciate 0
      12-05-2008, 09:58 PM   #40
stickypaws
Dictator
stickypaws's Avatar
55
Rep
1,811
Posts

Drives: people crazy
Join Date: Mar 2008
Location: where you want to be

iTrader: (0)

Quote:
Originally Posted by scheherazade View Post
We just need people to get used to things, so they can get over their discomfort, and start buying again. You need demand to pay people's salaries.
Saving is nice and all, but if everyone saves then we all lose more money in the long run via lost income.
Get a grip and start enjoying life, and in the mean time put some cash aside each month. This isn't rocket science. Balance your impatience versus your income. Elementary subtraction is the only skill you need to win at this game.
-scheherazade
All very elementary for those who live on a paycheck. Simple.

But I just received my monthly statement yesterday and I have lost $12,917.71 for the month of November. That's money that no longer exists. It's gone. My real estate holdings (two houses) are worth a lot less than they were worth this time last year. That's money gone. It no longer exists. You want me to go out and buy stuff? When my value has diminished so much? When my assets are dwindling? These are real life assets disappearing, not just something written on paper.

Would you go out and spend, spend, spend if your employer decided to give you only 1/3 of your paycheck next time? And what if they said, "oh, and by the way, we're not sure but maybe next time we'll take out an additional 1/3."

Living on a paycheck and saving a little bit here and there is one thing, but if you have money tied up in various investment tools and you're watching it implode, that's something else all together. Why the hell do you think investors are pulling their money and stashing it away in cash? Why do you think bankers are doing the same and not lending? Do you think rich people have all their money sitting in little savings accounts? No, and the reason why they're rich is because they invest. But with everything imploding around them, they pull their investments and horde the cash. Simple.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 05:11 AM.




f30post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST