Another Reason to Just Buy an Old Car

If you had bought a GM product before the 2009 bankruptcy proceedings and had a problem related to the manufacturing of the car, even one GM knows about and has fixed on similar models of police cars, there’s no warranty. Since this current corporation uses the same product names and logo, and took dozens of billions of taxpayer dollars to stay alive, you might have made the mistake of thinking the companies were related. They are not.

“New GM did not assume responsibility for Old GM’s design choices, conduct, or alleged breaches of liability under the warranty.”

This makes buying an old GM product attractive again. Just buy a real old one and go in eyes open, knowing that there is no warranty, written or implied. Because if you buy one of 400,000 Impalas from 2007 or 2008, the new GM wants you to know that the defects in the rear suspension aren’t their problem.

2 thoughts on “Another Reason to Just Buy an Old Car

  1. When the Indiana police and teachers' retirement fund was told the iron-clad contract they had (that is, the Chrysler bonds they owned) was void, and the Supremes agreed with the administration, that might have been the end of contract law in America.

    GM and Chrysler are no longer in the business of making cars, so why should they spend money on stupid warranty costs?. They are there to fund the retirement and health benefits of the UAW. Kinda explains a lot, doesn't it?

  2. Well, they are owned by the gubmint and the UAW aren't they?
    The buying old thing I have down pat.
    The BAR family drives a fleet of used cars. As long as I can still get parts for them, they'll keep running.

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