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Warranty on GM cars … what value after Chapter 11?

If http://money.cnn.com/2008/10/14/news/companies/gmwoes_taylor.fortune/index.htm?postversion=2008101509 I buy a new GM car?

The guarantee is simply another claim on the assets already heavily mortgaged and GM may be worthless, as secured creditors always get first priority. However, there are far stronger reasons not to buy a vehicle General Motors. Show: http://answers.yahoo.com/question/?qid=20080816151606AATwdLN Yahoo has a very valuable database which is well worth the search.

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