Hard to blame consumers - all we want is cheaper luxury SUVs.
It’s selling price. It encompasses OEM rebates.
However I am not sure how government rebates for EVs are considered. Especially ones that are paid later based on tax return.
Seems many dealers were much slower this month compared to March, but I’m only one data point. Would be curious to hear from others.
Just left a Toyota Dealer for an oil change. Without provocation, the dealer tech started telling me they’re being advised to brace for hiring freeze and more difficult economy as of late May, June and onward. They were also advised that prices for service and most of their lineup (aside from Prius) will be increasing. Why not the Prius? Actually wondering that myself. Maybe its fully American made? Who knows.
ALSO: they didnt want to honor their $19,99 basic oil change coupon (they’ve had it on their website for past 5 years), telling me they’re bumping the price to $39.99 “due to inflation, tariffs, etc”.
Apparently tariffs will now apply to cars made in the US as well. I don’t think this is even legally possible?
Huh? This conflicts with the EO being signed today.
https://www.axios.com/2025/04/29/trump-auto-tariffs-lutnick-deal-commerce
They “smile thinly”. I love it.
Here’s an economic prediction that’s now a reality: recession.
They’ll start front running further rate cuts…
I think we are in for stagflation. Prices will go up because of tariff, supply, and production issues. Demand will drop, and people will not be able to afford goods. Investment has already plummeted because of uncertainty. It’s going to be a bad few years.
When is this flagging BS gonna end? @littleviolette @michael
I’m not sure about this, rent is rapidly falling and it accounts for 40% of CPI.
Where? Not in most communities near me in MA.
We’re beginning to see the beginning of it in SJ. I have 2 rental listings and both are recieving decent amounts of attention but multiple people are saying the 1st months rent and 1.5 month of security deposit is too expensive. I’m not too surprised considering that it’s more expensive than what 99% of all LH are putting down on their cars lol.
Texas, Florida, Colorado, Arizona, and Rhode Island are the ones I know of.
You mean the list of states famously known as “the desirables”
A well-known superstar owns a mansion near the beach in RI. (Hint: She is dating an NFL player).
Feel like DC burbs don’t give a fuck about government cuts and continue to grow. All the houses in my neighborhood are being snapped up at an all-time highs. And it did not feel cheap before either.