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It's a great time to buy a car, look, if you have a good credit, there are lots of deals out there. Total industry sales fell almost 32% last month to the lowest rate in 25 years. Incentives are just uNPRecedented. In fact, today Ford announced it will offer employee pricing, zero percent financing and cash incentives on a variety of its vehicles. But you may be wondering if the car brand you're thinking about buying today will be a wrong tomorrow, and that is a big downside.
Yeah, absolutely, a lot of concern about whether people would buy from a bankrupt car company, so tell us a little bit about those downsides.
Well look, if your goal is to get the best deal--the cheapest car you can, you will find it from car companies that are really struggling. Now the company is taken over, the manufacturer that is, your warranty should still be valid, that's because the new car company, which has, taken it over. However, if your car manufacturer goes out of business, your warranty may be at risk. If you have to buy a car, because yours is just biting the dust, realize that all car manufacturers are struggling with sales right now, and there are incentives across the board, especially on really popular vehicles, like hybrids or compact cars. More cash you bring to the table, the better-off you