by TommyJefferson » Fri 11 Aug 2006, 15:23:57
$this->bbcode_second_pass_quote('emersonbiggins', 'I') can't drive for more than a 10-20 mile stretch of I-35 without seeing one of these caravans heading to Mexico with 5-10 year old F-150s, Explorers, Voyagers, Tauruses,...
Every time I see one of those caravans I wonder about the economics of such an enterprise.
Considering food, lodging, road repairs, and fuel, I estimate their cost per trip, per person to transport two vehicles at around $600. They are probably getting the cars at auction for an average of about $900 each.
I bet they can put a car in Mexico for $1,200 and sell it for a 100% mark-up.
I'm seeing mostly Ford's too. I remember when Mexicans stereotypically loved Chevy's. Perhaps the large number of new Ford manufacturing plants in Mexico has influenced their preference.
My understanding is that air pollution in Mexican cities is already pretty bad. All those clunkers won't be making it better, at least until world markets make their domestic petroleum too expensive to sell in Toluca.
Yet another benefit of Peak Oil!
