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#1 |
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Join Date: Dec 2011
Location: Indiana
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Ford got their loans from Bank of America(IIRC) with underwriting allowing the collateral to be released once the investment grade was acheived. It is correct Ford used loans such as the fuel/green and etc that were based on the interest rate that was standard. (3-4%) Others car companies and individuals take part in the government garrunteed interest rate(houseing for example). Tesla, and Nissian also took these loans. Unfortunitaly for GM and Chrysler they were denied their application for these intiatives due to not being finiacially "Stable".
Some would classify trading higher interest debt for lower interest debt as a wise strategy. Like putting higher interest credit cards onto lower ones to help pay off quicker or gain leverage/cashflow. I personally am anti-debt all the way. I would like to see everyone to become debt free. Its interesting to hear everyone thats pro Ford-GM-Chrysler. Everyone can make valid points.(Granted some can not hold an intellegant conversation with others). Sorry Andy's Dad for getting the thread off track. What are the weights that the Challengers can get down to? I'm happy to see more heads up for a 1/4 mile. I'm not a fan of 1/8 mile stuff but will try to make it to an ADRL race simply because of the heads-up between the cars. Keep us posted when the rules are official for indy! Very cool none the less!
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#2 |
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Thanks for posting. I love all three brands and am glad they have all survived their financial problems. I am really happy that each has managed to field a "factory" car.
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#3 |
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The burning question in MY mind would be, "When is Ma Mopar going to release a twin turbo V-10 Challenger (or the same engine in the new, smaller, lighter Barracuda) and put an end to this B.S. for all time???"
I, for one, am getting tired of waiting... LOL!
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Bill Last edited by bill dedman; 05-29-2012 at 12:00 AM. |
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#4 |
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I love "intellegant" conversations. Why should we worry about weight breaks when it was not even considered when they dumped these cars on Stock?
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Bruce Noland 1788 STK |
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#5 |
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X 2!!!
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Bill |
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#6 |
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What would happen if all the V-10 Drag Pak owners showed up at the tracks with A/FX on their windows or C-pillars...sure would shake up the brass and the competition, and would get everyone thinking.
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#7 |
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Lol deepest apologies for my misspelling of the word intelligent. Us young folk are inept when technology doesn't do everything for us properly. ;-)
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#8 | |
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#9 | |
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