If the big 3 Auto Companies would file for bankruptcy would you buy from them?

I don't buy new auto's of any brand. It is not a good investment to buy something that depreciates that much in just a few years, so we buy used, at least 2 years old.

I have always bought American made cars though. In the 25 years I have been married, we have bought 3 cars, 1 Ford and 2 Chevy's, they have been very reliable. My current Chevy is 8 years old and has 200,000 miles on it and runs like a champ with only regularly scheduled maintenance.

Why would people be so angy, companies declare bankruptcy all the time and reorganize and end up with a more efficient business. The loan or bailout would not solve the problem of the UAW. The big 3 can't compete with non-union companies, so they have to use cheaper parts. GM is successful in foreign countries and has 10% of the Chinese market because overseas they don't have to use union labor and they can make better cars in those markets.

They were not angry at all the airlines that went bankrupt, people still fly.

You should visit SAVE-FINDER.NET- I am sure here you can find the best option for you

RE If the big 3 Auto Companies would file for bankruptcy would you buy from them?

I believe that if they get the bail out consumers would be so angry that they wouldn't buy from them. I would go along with the Government loaning the money, but still think that ...show more

The point Wagoner made is that buying a car creates a long term relationship with the car company - for spares and service and recalls - unlike an airline ticket where it's just for one or two flights, and that potential customers might worry that the company wouldn't be there for them.

Last time I bought a GM car - a new Cadillac - was over ten years ago. Everything possible went wrong with it and the infuriating thing was that neither the dealer nor GM seemed to give a damn. I sold it after nine months and have had foreign cars ever since.

I wouldn't buy from them, bankruptcy or not.

Imports get better mileage. Imports are better-built.

Imports cost less. Imports have more features, that Detroit always charges extra for.

That's the problem with Detroit, they don't build cars that people want to buy, and they still don't get it.

They never will.

Bailing them out is a waste of money, and will just keep the same failed fatcat executives making humungous salaries while their companies fail.

It's foolish to reward people for incompetence.

How about the oil companies bailing out the manufacturers of the gas guzzlers that have made them so much money?

Well apparently Mitt Romney has a theory on how to bail out the "Big 3" and not cost the taxpayers a dime. Which is how it should be, because it's not our fault that the companies flopped. Regardless, we can't just let over two million people lose their jobs, so something has to be done for the auto industry. To answer your question, no I would not buy from them because I prefer foreign cars. Obama would be so sad to hear that, but maybe after he mandates higher American car standards I'll change my mind.

I would - if I could get a good deal on a good car - er, so I guess not. I have big mixed feelings about bailing them out. I'm not sure but that economic evolution demands that they go into extinction.