This blog will expand on themes and topics first mentioned in my book, "The Automobile and American Life." I hope to comment on recent developments in the automobile industry, reviews of my readings on the history of the automobile, drafts of my new work, contributions from friends, descriptions of the museums and car shows I attend and anything else relevant. Copyright 2009-2020, by the author.
Sunday, April 20, 2014
Did you know this about current General Motors Sales?
Factoid:
Currently of the General Motors credit sales, 88 % of its buyers have credit scores 640 or less! A year from now, repo men could be busy!
Interesting stat! With so many buyers having credit scores of 640 or less, it’s no surprise repossessions might spike next year. For those who know how to spot a good deal, this could be the perfect time to buy salvage cars and turn them into something roadworthy or profitable.
It is good news for Car owner of General Motors. It is beneficial for them.
ReplyDeleteCommunity of Automobiles
Interesting stat! With so many buyers having credit scores of 640 or less, it’s no surprise repossessions might spike next year. For those who know how to spot a good deal, this could be the perfect time to buy salvage cars and turn them into something roadworthy or profitable.
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