http://www.zerohedge.com/ne...s-unsold-cars-go-die

//www.fiero.nl/forum/Forum6/HTML/106810.html

Heres a question those bring up to me. I know these are unsold, but do these show up on the manufacturers numbers of vehicles delivered, only implying they were sold. That would explain why they all advertise 'sales' (deliveries ?) are up, but your not seeing all these supposedly new cars on the streets. At least it used to be, that when cars were delivered to the dealer the manufacturer considered them 'sold', as the dealers had to pay for them thru their floor plans. That let the manufacturers say they were sold, but the dealers couldnt say the same till they sold them to a customer.

Let em sit there and depreciate, maybe they will end up selling someday for what they are actually worth.

By the time they sell them they will be crap.
We work on many later model lease cars and if they are not driven at least once a month they start to degrade. Hung up calipers, rusted over rotors, sticking trans solenoids sticking vvt solenoids and so on. Unless they start to store them in a controlled environment(yeah right)they will be worthless in a few years.

[This message has been edited by cmechmann (edited 05-20-2014).]

Pretty much any car that sets for extended periods does all of that and more. I hear it from friends every spring when they get their cars out of the storage garage.

I am not trying to be the contrarian--just very trying, so says my better half--but I always check anything that seems a bit odd. Get on Google Earth and check out the location in the UK near the mouth of the Thames River that the author cited and you will see many, many cars but that appears to be an import or export facility. Google Earth has pretty good images from years past and the number of cars varies which tells me it could be a snapshot (duh!) of cars waiting to be moved to dealers or moved out of country.

There is a very similar car import lot on the Houston Ship Channel very near Loop 610 and you can see it as you drive south from IH 10. A casual observer might think it is a GM storage facility but actually it is a Toyota and Nissan import facility. I am not saying there is a huge conspiracy afoot but I am saying I don't the writer of the article used very good examples.

I got on the Google street view and they have 15 foot or more fences surrounding the "storage" lot.

[This message has been edited by starlightcoupe (edited 05-21-2014).]