Yeah, I saw a $850-$900 increase in labor costs… how does that translate to the consumer? ![]()
Between rising home prices over the last several years and cheap money drying up over the last year and a half housing alone is likely nearly that much in increase for many unless they’re in a rent control situation or they haven’t sold/bought since rates were still low.
The euro vs usd is helping them much more I think. I don’t think they’re selling particularly more cars in America right now than before.
Tesla has shown that domestic builds can be worse than non-domestic ones.
That’s why they went to gigacasting… the less they have to put together, the better the quality… and more importantly, the cheaper the cost.*
Mexico is a great option for factories, lower cost and no boat expense/slowness. Just need to check the deliveries for illegal contraband.**
*conjecture
**double conjecture
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Tesla has shown that US has no accountability and businesses can get away with whatever they want, not so much everywhere else. Thanks to Tesla the concept of “cheap American knockoff” can now be applied to cars.
They did that because they ran out of other giga-bullshit.
Buy a kilo get Ford Escape free as a packaging product. Some disassembly maybe required.
Here’s my proof that peak insanity is catching up across all price classes.
This 2023 Sport Platinum Escalade with Onyx Package would have listed $20k over MSRP (and sold within days +$20k over MSRP) just a few weeks ago. And on top of $20k ADM they’d charge for ceramic and the weird “lojack” security crap. These black on black builds were basically impossible to find back in July. I inquired for one and would have had to go to Colorado to even get it at $15k over MSRP. And they wouldn’t sell out of state.
The fact Cadillac of San Francisco only has a $2,800 ceramic package means they’ll probably take MSRP for this. Still insane, but not peak insane.
I’m not disputing your proof, but how anyone could spend $133K on. vehicle that will be worth $15K in 10 years is beyond me. That’s 88% depreciation. Hopefully it’s for a business that makes money for you.
This applies to many, many cars and SUVs, but it just scales for price, etc.
10 years later so many things aren’t worth a damn so why is this surprising?
I’ve been able to order the sports with a 3 month or so wait for at least 6 months now. Lots of times they become available sooner as people decide not to buy. Maybe the east coast is diff but caddy has been msrp here for awhile. I was considering one but read too many horror stories.
People don’t want to buy d-bag-mobile at 10% APR? Shocking! These types of cars are sold to fleets (different incentives and warranties) or “Karens”, there is very rarely anything in between.
Can’t wait till shit really hits the fan. Trading and bartering is gonna make a comeback soon enough
You mean I’ll be able to use my pre 1965 silver change? ![]()
A quarter still buys a gallon of gasoline if it’s from 1964 or before. Shows how much our current has been devalued
Found this interesting. Toyota has 15 states out of 50 with rav4 being the highest selling vehicle in 13.
Only a matter of time
I think this sums it up.
love these infographics, helps me come down to terms that everyone hasn’t leased an EQS Jellybean like how it is on here
It’s more the sheer amount of depreciation for Ford/GM luxury vehicles. A lot of comparably priced vehicles (across all segments) wouldn’t shed that much value over the same horizon. Be it a Lexus LX or a Porsche 911, there are other ways I’d choose to burn my money if I had the option.





