[an]

I agree European cars have always been and will always will be more expensive than comparable Japanese. However, I don’t think people will continue to buy the European cars if comparable Japanese are at considerable discount. Even when the $ has been declining drastically in the last 5 years, prices of European cars hasn’t increase much, just 1-2% a year. Same goes for Japanese models. So if all of a sudden, the European cars increased in price by 40-50%, I highly doubt people will put up with it. There’s not that many people who can afford $60k+ cars. If the entry level luxury European cars get to that level, they’d probably be squeezed out of the market. That’s just my guess. Just look at how many 550i and E550 get sold each month and you can see how many people actually can afford that price.

[an]

I agree European cars have always been and will always will be more expensive than comparable Japanese. However, I don’t think people will continue to buy the European cars if comparable Japanese are at considerable discount. Even when the $ has been declining drastically in the last 5 years, prices of European cars hasn’t increase much, just 1-2% a year. Same goes for Japanese models. So if all of a sudden, the European cars increased in price by 40-50%, I highly doubt people will put up with it. There’s not that many people who can afford $60k+ cars. If the entry level luxury European cars get to that level, they’d probably be squeezed out of the market. That’s just my guess. Just look at how many 550i and E550 get sold each month and you can see how many people actually can afford that price.

[an]

I agree European cars have always been and will always will be more expensive than comparable Japanese. However, I don’t think people will continue to buy the European cars if comparable Japanese are at considerable discount. Even when the $ has been declining drastically in the last 5 years, prices of European cars hasn’t increase much, just 1-2% a year. Same goes for Japanese models. So if all of a sudden, the European cars increased in price by 40-50%, I highly doubt people will put up with it. There’s not that many people who can afford $60k+ cars. If the entry level luxury European cars get to that level, they’d probably be squeezed out of the market. That’s just my guess. Just look at how many 550i and E550 get sold each month and you can see how many people actually can afford that price.

[an]

I agree European cars have always been and will always will be more expensive than comparable Japanese. However, I don’t think people will continue to buy the European cars if comparable Japanese are at considerable discount. Even when the $ has been declining drastically in the last 5 years, prices of European cars hasn’t increase much, just 1-2% a year. Same goes for Japanese models. So if all of a sudden, the European cars increased in price by 40-50%, I highly doubt people will put up with it. There’s not that many people who can afford $60k+ cars. If the entry level luxury European cars get to that level, they’d probably be squeezed out of the market. That’s just my guess. Just look at how many 550i and E550 get sold each month and you can see how many people actually can afford that price.

[an]

I don’t believe the European cars will get more expensive as the dollar gets weaker. They still have a big competition from the Japanese who will produce better cars everyday. The Infiniti, Lexus, Acura is already at a $5-10k discount compare to similar European. Since the Yen is tracing the dollar pretty closely, their cars will still be just as cheap. If the European cars gets 10-20k more expensive, would you buy a base 3-series/C-class or a loaded GS460/M45 etc?

Since the Yuan is still pegged to the $, their goods will still be cheap to us and their labor will stay cheap compare to our labor, so I don’t foresee too much manufacturing jobs moving back to the US from China. I agree we probably will see double digit rates to increase the strength of the $ as well. The European Union and Canada probably won’t let the US devalue the $ much longer before they start to do something about it.

[an]

I don’t believe the European cars will get more expensive as the dollar gets weaker. They still have a big competition from the Japanese who will produce better cars everyday. The Infiniti, Lexus, Acura is already at a $5-10k discount compare to similar European. Since the Yen is tracing the dollar pretty closely, their cars will still be just as cheap. If the European cars gets 10-20k more expensive, would you buy a base 3-series/C-class or a loaded GS460/M45 etc?

Since the Yuan is still pegged to the $, their goods will still be cheap to us and their labor will stay cheap compare to our labor, so I don’t foresee too much manufacturing jobs moving back to the US from China. I agree we probably will see double digit rates to increase the strength of the $ as well. The European Union and Canada probably won’t let the US devalue the $ much longer before they start to do something about it.

[an]

I don’t believe the European cars will get more expensive as the dollar gets weaker. They still have a big competition from the Japanese who will produce better cars everyday. The Infiniti, Lexus, Acura is already at a $5-10k discount compare to similar European. Since the Yen is tracing the dollar pretty closely, their cars will still be just as cheap. If the European cars gets 10-20k more expensive, would you buy a base 3-series/C-class or a loaded GS460/M45 etc?

Since the Yuan is still pegged to the $, their goods will still be cheap to us and their labor will stay cheap compare to our labor, so I don’t foresee too much manufacturing jobs moving back to the US from China. I agree we probably will see double digit rates to increase the strength of the $ as well. The European Union and Canada probably won’t let the US devalue the $ much longer before they start to do something about it.

[an]

I don’t believe the European cars will get more expensive as the dollar gets weaker. They still have a big competition from the Japanese who will produce better cars everyday. The Infiniti, Lexus, Acura is already at a $5-10k discount compare to similar European. Since the Yen is tracing the dollar pretty closely, their cars will still be just as cheap. If the European cars gets 10-20k more expensive, would you buy a base 3-series/C-class or a loaded GS460/M45 etc?

Since the Yuan is still pegged to the $, their goods will still be cheap to us and their labor will stay cheap compare to our labor, so I don’t foresee too much manufacturing jobs moving back to the US from China. I agree we probably will see double digit rates to increase the strength of the $ as well. The European Union and Canada probably won’t let the US devalue the $ much longer before they start to do something about it.

[an]

I don’t believe the European cars will get more expensive as the dollar gets weaker. They still have a big competition from the Japanese who will produce better cars everyday. The Infiniti, Lexus, Acura is already at a $5-10k discount compare to similar European. Since the Yen is tracing the dollar pretty closely, their cars will still be just as cheap. If the European cars gets 10-20k more expensive, would you buy a base 3-series/C-class or a loaded GS460/M45 etc?

Since the Yuan is still pegged to the $, their goods will still be cheap to us and their labor will stay cheap compare to our labor, so I don’t foresee too much manufacturing jobs moving back to the US from China. I agree we probably will see double digit rates to increase the strength of the $ as well. The European Union and Canada probably won’t let the US devalue the $ much longer before they start to do something about it.

[an]

“In my view E*Trade has a fantastic platform…” This is exactly my view as well. I’ve tried many other brokerage but they all have very horrible websites that is not very intuitive at all, especially when you have more than 1 account w/ them. They’d be an easy take over target if things get worse for them.

[an]

“In my view E*Trade has a fantastic platform…” This is exactly my view as well. I’ve tried many other brokerage but they all have very horrible websites that is not very intuitive at all, especially when you have more than 1 account w/ them. They’d be an easy take over target if things get worse for them.

[an]

“In my view E*Trade has a fantastic platform…” This is exactly my view as well. I’ve tried many other brokerage but they all have very horrible websites that is not very intuitive at all, especially when you have more than 1 account w/ them. They’d be an easy take over target if things get worse for them.

[an]

“In my view E*Trade has a fantastic platform…” This is exactly my view as well. I’ve tried many other brokerage but they all have very horrible websites that is not very intuitive at all, especially when you have more than 1 account w/ them. They’d be an easy take over target if things get worse for them.

[an]

bsrsharma, I am in the same situation minus the bank accounts part. Brokerage account is insured by SIPC, not FDIC, so I wonder how it work. If they declare bankruptcy, how easy is it to transfer the fund to a different brokerage company? Accounts I’m worried about is my IRA. Should I worry and move the money now? Seems like a possible “run of the bank”.

[an]

bsrsharma, I am in the same situation minus the bank accounts part. Brokerage account is insured by SIPC, not FDIC, so I wonder how it work. If they declare bankruptcy, how easy is it to transfer the fund to a different brokerage company? Accounts I’m worried about is my IRA. Should I worry and move the money now? Seems like a possible “run of the bank”.

[Author]

Posts