"Chemical Ali" <kinkysr@[EMAIL PROTECTED]
> wrote
>
> Lexus, Mercedes Sales Fall in U.S.
>
>
> U.S. sales of luxury auto brands including Toyota Motor's Lexus and
> Daimler's Mercedes-Benz fell in April, adding to evidence that the
> economic slowdown is causing even wealthy buyers to curb spending.
No. Many buyers of BMWs, BENZ, and Lexus the last few years have been
very
middle class people who bought those cars using HELOC money or easy
finance
money. They made these dumb financial moves so that they could impress
people they never even spoke to. Now that the easy credit is gone, people
have to live within their means. I doubt that the "wealthy" will be
curbing
their spending any time soon. The Wa****ngton Post writer should have
known
that.
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