Call me a contrarian, but I think the Toyota recall will be a great buying opportunity. Not for the stock (TM), because I have been burned so badly by Japanese stocks over that last decade, that I swore them off. But I’m going to need a new car in the spring and I have my sights set on a brandy-new Toyota!
Who in her right mind would buy a car from Toyota right now? EvenTransportation Secretary Ray LaHood told people to stop driving Toyotas, a comment he subsequently retracted.
But what better time to buy a car than at the moment the company is hyper-focused on safety? Maybe Toyota will even offer incentives, something it has avoided in the past. So I’m getting ready to land myself a sweet deal from Toyota and if I’m wrong, I promise to write extensively about the problems I encounter.
Image by Flickr User robad0b, CC 2.0
I FOUND THIS BLOG POST ON BNET. IT WAS FOLLOWED BY SEVERAL COMMENTS FROM READERS, PRETTY MUCH ALL FAVORABLE. WHILE RECENT RECALLS MAY FRIGHTEN SOME, OTHERS MAY JUST SEE IT AS A BUYING OPPORTUNITY…