Jack Nerad Quotations

Maximize everything else you've got going for you,

I was surprised people put relatively little emphasis on the value of the interior of their car. What we find is a lot of people are losing a lot of money by not paying attention to resale value.

Fuel prices have sent people to cars a little bit more, and many of the trucks and SUVs from GM and Ford are at the end of their model life. Frankly, in terms of new models, there's more interesting stuff happening, and it's stronger with regard to the Asians.

There is an element of the population out there that simply does not want to deal with car salesmen ,

I think it's a hard drug to get the consumers off of frankly. We've certainly seen that in our surveys. Many consumers have become very dependent on incentives to motivate them to get up off the couch and into showrooms.

I think it's a hard drug to get the consumers off of frankly, ... We've certainly seen that in our surveys. Many consumers have become very dependent on incentives to motivate them to get up off the couch and into showrooms.

Large sport utility vehicles are pretty good deals these days - and the money you save will pay for an awful lot of gas.

You can get more car for the monthly payment that way. The downside is you don't get any equity in the car. At the end of the lease you get zip.

There is only so much of a spread between what the dealer pays for the vehicle and the dealer's profits. If you throw a broker in there, you're just throwing in another mouth to feed.

Financing of over 100 percent of the car's value is not unusual these days.

Families want their vehicles to do a variety of things. They're toting not only their kids, but other people's kids and they want space, safety and style.

With real estate, it's location, location, location. With a car, it's condition, condition, condition.

Every product has a cycle, and that one happens to be at the end of its current cycle.

There's still some speculation the price could go higher depending on whether this movie really hits or is a bust.

The savings are sort of nebulous. Any of us who walk into the door of a dealership with a little gumption can get something off the manufactured suggested retail price.

Say, 'I'm interested in buying a two-year-old BMW 325I in the next two months. What do you have coming off lease?' ... You can make some sort of preliminary deal over the phone.

People generally have more equity in their home than they're aware of, ... The Complete Idiot's Guide to Buying or Leasing a Car.

The most-researched vehicles list makes it clear that the import manufacturers are doing a better job than the domestic makers in conceiving and producing high-volume vehicles. The Big 3 automakers used to dominate the top sellers, but this list is another indication that imports are mainstream vehicles to a broad cross-section of Americans.

Companies will be forced to build smaller cars and move away from larger ones.

Automakers have been subsidizing the lower end of the markets to meet CAFE standards.

A lot of car companies have a lot of work to do.

A lot of these people who are buying new cars shouldn't be buying new cars, period.

There seems to be something for everyone. Auto makers are slicing the pie even narrower.

it's less likely the Charger will depreciate, so that's another thing you could tell your wife or girlfriend.

It makes a lot of sense when you look at the depreciation curve on a typical new car. Most of the depreciation takes place in the first two years, so someone else takes the hit,

It's so hard. A lot of people would say personal recommendation is the only way to go with something as individualized as this. But a person who got a lousy deal might come away thinking he got a great deal and others might think they could have done better.

The used car market is a lot more regional than people realize,

If you are talking about developing a new platform from the ground up, platform sharing probably saves tens or hundreds of millions of dollars. And it probably saves at least two or three years off the design process.

Generally this time of year is clearance time in the auto business.

The typical American is not buying a lot more car than he really needs.

The huge growth in large SUVs is essentially over. At the same time there is going to be a very significant market for large SUVs like the Chevy Tahoe. There are just too many people who need what a large SUV does for them.

The car market is extremely competitive. There are a lot of brands vying for your attention and if you do a reasonable amount of shopping and negotiating, you should be able to get a decent deal yourself.