Would you buy a car from a bankrupt car company?

May 3, 2009 – 12:57 am – No Comment

After Chrysler’s decision to file chapter 11 bankruptcy and GM likely to follow would you personally buy a car from either of these companies?

Personally, I wouldn’t buy a car from GM simply because they have yet to gain my trust from their poor craftsmanship in the past. On the other hand, I have always knows Chrysler to have a better quality vehicle and the cars tend to last longer.

With either company, it would be hard to get me to purchase from either of the brands because I would be afraid if something were to happen to my car, I wouldn’t be able to find a dealership to have warranty work done. The Chrysler cars are coming with a Lifetime drive train warranty, which could mean nothing if the company goes out of business. Right now, through the bankruptcy filing, Chrysler’s warranty work is being done with the help of the government (at least that’s how I understand it) and that’s fine, but what about if the company goes completely out of business? Then who would be repairing the cars and doing warranty work. Also, where would spare parts for the car come from since they would no longer be made?