IF GM goes BANKRUPTCY WILL THAT DECREASE THE VALUE OF CHEVROLET CARS?

  • Thread starter Thread starter im so hood rich
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im so hood rich

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WILL THE PRICE OF GM CARS INCREASE OR DECREASE AND HOW WILL SOMEONE GET PARTS IF THEY GO BANKRUPTCY
 
The value of the cars is independent of the maker. Cords for example have not been made for years, but the price for one goes up. So some models will retain value and even appreciate as time goes on. Others will drop, and many will not see their value go up for a long time.
The same is true for parts, there are those that make parts for Cords even to this day. Even though the market is small. I am sure the junk yards will provide pieces for a long time too.
 
cars wil be a round a long time and parts you can get for cars made in the 1900s now still,, so really if they shut down today,, parts will be still being made for 100 yrs or until they are not found on roads any more so long as theres a few on the road someone will be making parts for them really you can get most parts for the first one made still to day so really i dont see any problem with getting one now and really thats why they having problems now one one is buying them its not they bad cars its sells of them..INCREASE OR DECREASE of car will be on the model of car
 
I should think that GM cars would drop in value. That would only feed the continuing economic crisis. People would trade them off really fast & dealers wouldn't give any decent trade in values for them. Then the dealers would have to sell them cheap to move them & banks would not give loans on something so worthless.
 
I would think so... The worth will drop dramatically... i honestly think parts will only go up... However, like someone else had said on here there are going to be certain models which may fluctuate... So in my eyes its going to be a win loose situation... its like a 88 cutlass i had... each year it went down and then the closer it got to twenty years old the more it went up... Its just hard to say... Oldsmobile for example yes parts are still around but they r worth pretty much nothing. you can get auroras with the 4.0 in em with a hundred thousand miles for three our four grand... so i guess none of us will know unless it happens!
 
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