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Old Dec 29, 2007 | 08:08 AM
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Albeeno
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Joined: Sep 2007
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From: Massachusetts
Default RE: High demand expected for Challenger

Yeah, well, I guess we'll see if they're really getting $10-$20K over sticker after mid-`08 when the economy is in a full-blown recession and oil is in excess of $100 per barrell and people are getting laid off from their jobs and the homes they live in aren't worth as much. I know, I know...people who buy these cars could care less about MPGs...I say that's a bunch of hot air! People aren't stupid...cost is a factor in any big-ticket purchase like a car, boat, house, etc.

I'm not an Economist, but there are a lot of factors in play right now. For starters, surging gas/oil prices with no let up in sight; the mortgage crisis / real estate bubble bursting, soaring energy costs...anyone who heats their home with home heating oil knows exactly what I'm talking about right now and of course, the state of the job market. I am a Recruiter / Headhunter in the Boston area and already we are beginning to see a slowdown in our client's staffing needs. It could be a little blip, but from everything I've read it's just the beginning. I can't speak to the condition of any other job market throught the country, but I suspect Boston isn't the only market undergoing a slowdown. Point being - no job, no big ticket purchases.

I certainly realize there is a huge demand and a lot of buzz right now about this car, but if you don't have the financial means to purchase one, let along spend $10-$20K over sticker, you ain't buyin'! I happen to believe that the Challengers are going to be on the dealer lots longer then we all think, in a year from now. It will certainly sell, but not nearly as much nor as quickly as a lot of us think (at this point).
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