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SVTPerformance's Chain of Restaurants
Road Side Pub
Current New Vehicle Market
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<blockquote data-quote="Klaus" data-source="post: 16707568" data-attributes="member: 190070"><p>Autos are one of the most cyclical industries there are. It is a high dollar discretionary purchase that people pay for with money they don't have. </p><p></p><p>They do really well when things are good and really bad when things are not good. </p><p></p><p>The finance companies are themselves financed by banks that run for the doors as soon as there is a tickle in their throat. The fed is putting that tickle in their throat as we speak.</p></blockquote><p></p>
[QUOTE="Klaus, post: 16707568, member: 190070"] Autos are one of the most cyclical industries there are. It is a high dollar discretionary purchase that people pay for with money they don't have. They do really well when things are good and really bad when things are not good. The finance companies are themselves financed by banks that run for the doors as soon as there is a tickle in their throat. The fed is putting that tickle in their throat as we speak. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Current New Vehicle Market
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