To buy American or Foreign? The Argument for Buying Domestic Over Foreign
(Source: TreeHugger; Photo via: Mike Licht, NotionsCapital.com)
The American auto industry has gotten a bad wrap over the years, and justly so in many ways. While a lot of negative responses continue to circulate around the Big Three, their Bailout, and their past inferior vehicles, they have actually risen above this ridicule and at the very least deserve a second look.
While a lot of consumers may be hesitant to purchase a vehicle from any manufacturer who is talking the possibility of bankruptcy, you should know that they are obligated to their warranty coverage no matter what happens to them. It is a binding contract from both sides of the pen. And while a lot of consumers are under the dilution that the foreign manufacturers are doing that much better than the American manufacturers, in truth they are also beginning to feel the pinch of the recession and have been asking for their own brand of bailout from their government.
Quality Rivals Japan
The Japan manufacturer has enjoyed being the top dogs for many years among the consumer ratings and ranking. However a very unsuspecting competitor has risen from the depths of gas guzzling SUVs and has begun to rival Japan’s quality, reliability, safety, and environmental friendliness… the domestics. In fact, both the Chevrolet
Malibu and Ford Fusion are ranked right along with the Honda Accord and Toyota
Camry according to U.S.News. Aside from these, J.D. Power and Associates second this praise, rating American brands as equivalent to such heavy hitters as Audi, Acura, BMW, Honda, Nissan, Toyota, Lexus, and Mercedes-Benz in overall quality.
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