good time to buy a real car
 

:surprised:

Unsold cars

That's a LOT of cars! Looks like auto-makers are stockpiling for when the recession ends and people get back into the market.

I bought a car in Dec for an awesome deal (used 1 yr.) Take the time to research, have lots of info, be willing to walk away and be firm on a price you are willing to pay and you can do really well if you have decent credit to get a loan. The dealers are dying. some may try to hoard, some will need to unload inventory to free up cash and will deal.

The Newark, NJ pictures looks good and it is real.

I can't speak for the European ports, but Long Beach CA always looks like that. I used to wonder how the hell they would sell that many cars. My friend worked at the Nissan port and used to have to drive those cars through a carwash. That was his job, driving the cars through the carwash then reparking them LOL

In the late 90s there was a huge increase in electronic products and all the manufacturers were spending a lot of money to find electronic components. The maker of electronic components were struggling to make them. When that bubble burst everyone had huge excess and I gained from that as I was able to buy a lot of excess at some amazing prices. The same should be happening to all those excess automobiles. Funny how the big companies don't really think ahead. All they seem to care is if the executives and board members are happy with their fat checks. They should give the workers more credit as without them this big companies wouldn't be big at all.

Here in Munich, about 1500m from where I live BMW has it's developement and parts of it's production. They have always about 2000 new cars just standing around and waiting for sale or delivery. So that's just normal here.

http://www.nytimes.com/2009/02/12/wo...ubai.html?_r=1

3000 cars abandoned in Dubai...

Yes, it's normal, but now it's just growing more and more. The port in Newark didn't have as many cars as it does now.

The UAE is looking better and better for me. I'm doing some research on a place there that deals with Autism.

Yeah, you are right. They have to reduce the production and lower the price to get these thousands of cars nobody wants sold. Here in Germany there's now a program by the government that is called "Abwrackprämie". It means that you get 2500€ from the state if you buy a new car. This is a great success here, VW has sold 120.000 cars in Germany this single month. They've never sold nearly as many cars before.