i can’t risk that… a free chevy cruze lease is worth wayy more
hows mercedes suv prices looking, still above msrp?
Man, have you ever thought of getting a Volvo? Discounts looking somewhat nice too.
Which MB suv in specific though?
A VA dealer that leased me a 58k stickered S60 in 2019 for 0.75% of MSRP reached out to me a few days ago and offered me a phenomenal deal on another s60 stickered at 48k for 1k per month, I shit you not!
Void warranty too.
Any idea if the recent floods resulted in a high number of flooded-vehicle damage? This could lead to a temporary hike in car prices as thousands of Floridians shop to replace drowned cars?
Given the tens of millions cars sold every year in the US, I really doubt a few thousand flooded cars will have much if any impact. Maybe regionally for a few weeks , but nationally, probably not.
I saw this on twitter. It’s a message exchange between two dealers. I think the inventory write downs haven’t started yet
no ty, Not interested in Volvo
With the amount of scrambling observed here, to move volume over the last few days of the quarter, I think we are going to see new car sales numbers way down from previous month/quarter. cheaper (and more available) new cars will lead to cheaper used cars.
Can someone elaborate on F/E vs B/E?
Assuming F/E profit is in relation to car cost and B/E is in relation to finance spread, warranties etc.?
Yes F/E is profit from sale of vehicles
Interesting that dealers call each other bro.
Did MB get more affected by the chip shortage than BMW and AUDi?
Like the Q5 and X3 X5 getting discounts, but the GLC GLE are flat. (northeast specifically)
Is MB always flat on discounts? Like you don’t even see many brokers here offer MB
any lease deals start to pop up yet?
My Model S that was due Dec, Got 2 different texts this week, About available cars.
MB is trying to be more exclusive so they stopped giving discount and just going by name recognition, Audi is shit, BMW just playing catch up.
Peak insanity for getting equity for the majority is gone. I thought my dealer offering 10k less than last month was incorrect, but I checked listings, and it lines up with their offer. (Though I have far less mileage than any other for sale)
You would think hybrids would remain steady but nope. I understand the make and model have much to do with it, but if you did not sell your car, you missed out. I was never planning to. Sure there will be those who disagree (and may be right), but I cannot get close to what they were offering me last year.
The peak is gone. Sure, dealers might still slap a ridiculous number to a vehicle; that does not mean you have to buy it (or anyone is going to).
the new question should be when the market bottoms out and my theory is middle of winter where economy overall will shit it self.
Damn I can’t even disagree with this shit.