What are the chances of a person buying a car from a company going bankrupt? Would it make a difference? If the this information revealed by a study from Kelly Blue Book is any indication, the answer is it wouldn’t make a difference.
The whole area of concern here is that in some cases, people may place under consideration the state of a company, most probably referring to after-sales service which may eventually be gone should a company shut down.
A lot of these new problems surround the impending bankruptcy of General Motors and restructuring of Chrysler. When buying a car, you just have to go to the extreme case scenarios. How can you maintain a car if the actual manufacturer is no longer around?
These car buyers are banking on government aid and of course the pledge that these car companies will retain the after-sales services due to their customers. Such was declared even when the embattled car companies got entangled in this mess.
Regardless, it seems people will still consider it, especially the ones expecting some discounts since in these cases, companies would want to clean out their inventory rather than leaving them without a sale.
(Source) Press
Tags: auto companies, car buyers, car companies, case scenarios, Chrysler, extreme case, General Motors, government aid, impending bankruptcy, kelly blue book, pledge, restructuring