Posted by bc on September 09, 2008 at 18:47:24 from (75.27.226.227):
In Reply to: OT- economy and cars posted by 26Red on September 09, 2008 at 10:26:37:
I think the timing is about right to buy now. We are in a recession and the car dealers and mfrs are offering discounts. Just bought a new Prius with 50 mpg to replace the 5.4 liter ford expedition with 13 mpg.
Every other time we have been in a recession or near recession, the fed began worrying more about inflation and the interest rates went through the roof. Starting next year with the rocovery, look for interest rates to take off. Hope we don't hit 20% again on cars.
But it still boils down to how bad you need a vehicle.
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Today's Featured Article - Tractor Traction - by Chris Pratt. Our first bout with traction problems came when cultivatin with our Massey-Harris Pony. Up till then, this tractor had been running a corn grinder and pulling a trailer. It had new unfilled rear tires and no wheel weights. The garden was already sprouting when we hooked up the mid-mount shovel cultivators to the Pony. The seed bed was soft enough that the rear end would spin and slowly work its way to the downhill side of the gardens slight incline. From this, we learned our lesson sinc
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