ATTENTION: Car Manufacturers

How can the auto makers get back on track and start pumping up the economy again?

How about this idea. There are MILLIONS of people in this country who, for one reason or another, simply CANNO get the financing to purchase a brand new vehicle. Maybe they have a glitch on their credit report. Maybe their income is pretty low. Maybe they are in the middle of a divorce, with resulting credit problems. Maybe money is just not being loaned by the banks. Whatever.

How about bringing those people right into the new car marketplace?

OK, so what if they have a glitch on their credit. They STILL probably need a vehicle, and in many, many cases they are forced to buy from one of those payday loan places. That means the buyer is paying about DOUBLE the interest rate that someone who buys a new vehicle is paying, PLUS they are often getting some clunker that will barely keep running long enough for the buyer to make half the payments due. In MANY, MANY cases such buyers are paying hundreds of dollars EVERY TWO WEEKS and still are getting crap for their money.

So, how about this. Let such buyers bring, to a DEALERSHIP, proof that they have been making the usurious payments, for 6 months, on a regular basis (no late payments) Then, take the clunker in trade, work out some deal to pay it off at a REAL value (the payday guys need to get real on this, we all know they are making their profit in about the first six months anyway!) , not the inflated price the payday motors charged, and sell the buyer a brand new vehicle.

Even if such buyers were charged a slightly higher rate of interest, their payments would probably be substantially lower than what they are already paying at the payday motors, thus they would not be as strapped for cash and much more likely to keep up the payments.

And, since this would result in MANY more units sold, it could not help but start the automakers on the road to recovery.

So, GM, Ford and Chrysler, take heed. If YOU guys start making more sales to those who otherwise would not be able to buy a new vehicle, that means YOU would be selling more new vehicles!!!! Live dangerously. Do the right thing. It cannot possibly cause more financial woes than what you already have!

Get your act together, make vehicles available to EVERYONE, and start paying back the public money you have taken!!!