Oct 25, 2006 -- GM, Ford and Chrysler cars are a steal
If you are interested in a new car, Clark has news for you. Edmunds.com has done an analysis of GM, Ford and Chrysler and has come up with news that is entirely different than the industry report most people see. Edmunds found that it would take at least three months to sell the cars sitting on dealer lots at these three companies if no more cars sold. That is a huge inventory and these companies have to pay when cars are sitting on lots, taking up space. On the other hand, Toyota has almost no cars sitting on its lots. So, what does it mean to you? American and German-made cars are a steal. What you dont want to do is sell your somewhat new American car to buy a GM, Ford or Chrysler.