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On Paying for Cars With Cash

New York Times Original article ›

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More buyers pay cash for automobileIt was one third in the 1950's, then one fourth in the 70,s and 80,s. Now its back up to the 70's and 80's level. This means less profits for dealers.. About 75% of a dealers profit is made on the accessories. extended warranties and the cut the dealers get for arranging the loan in some cases.

The low cost and discount brands become important to shoppers and businesses.

07/16/2007

WIth about 7 million workers working less than 35 hours aweek and many facing a couple of days of furlough, or pay cuts, the family shops very carefully and on a budget. Businesses are paying attention, and even companies like P&G (Procter & Gamble) are pushing discount brands.

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P&G to Shed More Than Half Its Brands

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P&G's Global Target: Shelves of Tiny Stores

Wall Street Journal 07/16/2007

On Paying for Cars With Cash

New York Times 07/28/2007

Vera Wang Set to Dress Up Kohl's

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Wal-Mart Looks to Grab Gains in Gadgets

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