If only GM dealers could do the warranty work on those, theyâre mostly used to Ultium foibles at this point.
I suspect the problem would have been solved in a week if this was at a Cadillac dealer. The problem Acura has is volume isnât high enough so techs donât get enough experience and they donât have the parts they need.
Acura must be taking a bath on these things even beyond the rebates. These simple repairs become a 30+ day problem and then you have to buy back a lemon worth 20% of the MSRP at auction or give big cash settlements.
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Wasnât GM one of the driving forces behind those crappy CA lemon law changes this year?
N54 life.
On the other handâŚa BMW 1M is worth more than they cost new and likely to go up as time goes on.
My friends Etron had both front and rear motor failure due to coolant leak into motor(a common issue).
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You better hurry up⌠all the good ones are getting expensive.
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The California law is so poorly written. Compare California to Virginia. The Virginia law is far easier to understand and interpret.
My understanding was the California lemon law change was due to industry lobbyists but also the need to reduce the number of cases going to court. It was clogging the courts up having everyoneâs initial recourse be a lawsuit.
That said, my experience with American Honda/Acura is that the only way to get them moving would be a lawsuit. Even then, Iâd give myself even a non-zero shot at getting a default judgement based on how incredibly slow and unpresponsive they have been.
No question they are in negative margins with GM produced EVs.
Plus they announced in August they are going all in on hybrids, seeing waning demand in EV sector.
Lucidâs chief confirmed it will honor the $7,500 federal EV tax credit for Gravity buyers until the end of the year âbecause we have so many orders and we donât want to tell order holders, you know what, youâre out of luck, we didnât deliver in time.â
So I wonder what other manufacturers will follow suit till the end of the year. I guess with oil monies it can continue to do so???
They probably have a strong memory of Rivian trying raise prices with people who had already locked in an order. It went terribly for them and led to a number of cancellations and a tarnished reputation of a company that otherwise makes a good product.
If your a legacy automaker with 20+ different models and 5 other segments generating revenue you might be able to screw people over and get away with it, when you only have one or two products and your whole business model hinges on it, itâs a little harder to do.
Hmmm we can prove this next month to see if you are right!
This seems like the rare case of a corporation not missing the forest for the trees. Lucid lost 2.7 billion dollars last year. It would be incredibly asinine to turn off a portion of their limited customer base over what, 5-10 million dollars?
What tax credit? It doesnât even qualify for one.
Guess they are referring to a $7500 rebate they offer for leasing.
I have finally heard from one sales manager on the plan for those Hummers - it will become a demo car for the dealership. I have no idea how that works or save $ not the logic behind that but thatâs their plan.
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I mean technically they count it as a saleâŚ.then they can sell it again as a loaner. Iâve also heard from other dealers that some Hummers are just automatically put in demo/loaner once they receive them because they just sit.
That is what most Chevrolet dealers are doing with Equinox/Blazer inventory. They then qualify for more rebates. Many âcourtesy loanerâ GM EVs being leased with less than 100 miles on odometer.
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i thought there would be extra push to make sales as the 7500 rebate vanishes away. Doesnât seem to cause any urgency.
I guess dealers are willing to hold some inventory past the deadline and see how it goes afterwards.
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Or over the weekend and especially Monday youâll see a lot of outreach to previously inquiring customers. Maybe some of the mfg have made agreements with the dealers to further subsidize cars in inventory too. And we just donât know about it.
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Mercedes and lexus activated a pull forward model to get people out of old leases and into evs this month, so the deals are there, just not for all
I mean what urgency is there other than the perceived FOMO? It looks like a good chunk of Sept deals are carry overs from August so Iâm sure the bean counters at the lending arms are hedging on the psychological push before maybe being more aggressive to move inventory? And dealers seem not to mind sitting on extremely aged units than taking a big loss across the board.
While I am not sure this thread doesnât belong within:
https://forum.leasehackr.com/t/expiration-of-ev-credit-superthread
Can you give us some examples of the offers you sent to dealers and the responses you received back? Please do not tell me you were asking for quotes, right?
Weâve seen some pretty compelling deals on here, as always a vast majority of them are ones where people worked for them and sent offers, stacked incentives, and were open to different trim levels and targeted relatively hackable vehicles. Waiting till the last week thinking the deals were going to go from 8% off to 16% was a gamble in the first place.
The dealer can control the amount off MSRP they are willing to go and keeping the mf at buy rate and no hard adds ( vin etch, nitrogen, etc⌠) they cannot control the mf / rv / incentives portion. All of these need to be taken in consideration in the lease equation to get a deal.
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