GM's woes can be your gain if you're in the market for a new car. The bankruptcy filing by the giant automaker could boost your bargaining power with a dealer.
"It gives the consumer more leverage," said Philip Reed, senior consumer advice editor at Edmunds.com. "That leverage is an attitude of, 'I am unsure if I want to buy a car from a manufacturer that has just gone into bankruptcy.' "
A 'tude' like that could get a dealer to lower the price on a car, especially because many people feel it for real.
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