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y5e06

Jun 13 2005, 03:20 PM

I usually hate cross posts but:
http://bb.knightrideronline.com/viewtopic.php?t=6882

QUOTE

I have just found out by my friend's dad that works on the railways here that a train carring hundreds of new 2005 GTOs has crashed in Blairsburg, Iowa (just outside of Cedar Rapids). Hundreds of brand new GTOs in transit from California have been damaged or destoryed. As a part of the clean up, some of the GTOs may sold at highly discounted prices, and some are being parted out because of their damage by local citizens helping with cleanup, I will let you guys now of more information. Attached are some pictures of the accident scene. -- I have high resolution pix that I may post else where so you guys can see the extent of the damage.

can opener

on the side

appologies if this is old info, but its news to me.

rmackintosh

Jun 13 2005, 03:43 PM

...would have to happen to ONE OF THE ONLY GM cars worth owning wouldn't it?????

Why couldn't the train wreck contain Malibus/trucks/take your choice of crappy GM vehicles...

trackbird

Jun 13 2005, 04:14 PM

I could use an LS2 out of one of those.

bubba353z

Jun 13 2005, 04:21 PM

I can see the dealer add on stickers being applied as I type this.....

"Limited Availability $2,000"

Probably a GM plot to keep the prices up so they don't have to discount them like they did the '04's

trackbird

Jun 13 2005, 04:47 PM

QUOTE (bubba353z @ Jun 13 2005, 11:21)

I can see the dealer add on stickers being applied as I type this.....

"Limited Availability $2,000"

Probably a GM plot to keep the prices up so they don't have to discount them like they did the '04's

I think it's too late for that since they are already giving the employee discount on them. However, GM knows that the insurance company for the railroad will likely pay full cost for damage. It's probably better than selling them....

bubba353z

Jun 13 2005, 04:51 PM

They'll just add them to the list of excluded models - like the C6.....

The GM discount is about 10% on the GTO's - not too far from where the rebates were last year.

NataSS Inc

Jun 13 2005, 10:52 PM

Does anyone have any ideas how long the "employee pricing" is going on? Once we get into the new house I am going to be looking very seriously into one of these. Maybe I can get a discounted one with 0 miles and "some" repair work from this train.

rmackintosh

Jun 13 2005, 11:07 PM

QUOTE (NataSS Inc @ Jun 13 2005, 16:52)

...I believe you have to TAKE DELIVERY in July sometime....

bubba353z

Jun 14 2005, 12:31 AM

If I recall correctly, it's July 5th.

Teutonic Speedracer

Jun 14 2005, 02:53 AM

Man....I like the GTO too, just not timed right for me to buy, and I hear they are done in 2007?

94bird

Jun 14 2005, 04:32 AM

Considering industry reports say GM is losing about $1600 per vehicle it sells on average, I'm SURE it's better for them to get in a train wreck than for them to end up in customers' hands. BTW, those numbers were before they started giving out employee discounts to everyone. :leaving:

edit - Oops. I knew something sounded funny about $1600 per vehicle. Here's a recent quote from Autotech Today:

QUOTE

Nissan still managed to make the most money per vehicle at $1,603, according to Harbour’s calculations. Toyota earned $1,488, while Honda got $1,250 per vehicle. Ford Motor Co. pocketed $620, and Chrysler Group earned $186 per unit. General Motors Corp. lost $2,311 per vehicle produced.

94bird

Jun 14 2005, 04:40 AM

Interesting article on GM's costs right now - http://www.detnews.com/2005/autosinsider/0.../A01-208646.htm

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