Buy a 11' Vette and build the engine.

jpanhalt

Joined Jan 18, 2008
11,087
Good planning -- particularly if the company is not going to be in business much longer.

A better program might be a manufacturer-sponsored driving course.

John
 

Thread Starter

maxpower097

Joined Feb 20, 2009
816
Obviously Chevy isn't going anywhere. They already paid off their loan and if the last couple years didn't teach you, certain companies are ineligible for bankruptcy.
 

jpanhalt

Joined Jan 18, 2008
11,087
It's debatable whether the loan was paid off with earnings or with more borrowed money: http://usnews.rankingsandreviews.co...s-Battle-Does-GM-s-Loan-Payoff-Mean-Success-/

Regardless of that, 1000's of Americans lost their life savings and retirements when the $20+ billion in GM bonds they owned were wiped from the books. No one believed GM would fail either. It was supposed to be as safe as Bank of America.

So, if you buy a GM product, be sure YOU know how to fix it. That might be good advice for any car.

John
 
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