Thank you, Mr. Silver. In my world, there are a lot of people who might buy a car as a present. If I look at the crowds in Concord center, I might wonder what all this stuff on the news is. People are tightening their belts, but I don't see empty restaurants or stores. Our housing market hasn't burst as much as in the Sunbelt. I recently read home prices have gone down 5% here, as opposed to 32% in AZ. I was literally shocked when I saw all of the foreclosure signs when I was out there in September.
Back to what Mr. Silver said... many of those people buying what some consider to be appalling cars are also giving "appalling" amounts of money to various causes.