End of the model year as well and it only got close.
Why would we ever see pricing from 3-4 years ago again? Rates will likely never be that low, msrps have risen dramatically also. We would need to have a major economic meltdown to get discounts big enough to get close to those levels, and if that happened manufacturers would like constrain supply to keep pricing high
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I think it’s coming don’t worry lol
It will go back to the old days soon enough, we are already half of what it was at peak Covid. Another year and I think rates will go back down, and inventory will stock back up
Rates will never go back to where they were, def not in a couple years. And msrps are just too high as are costs to build cars. Profit margins are low even at these msrps. It’s just not possible to get back to old pricing. I’d need another 10k off my tundras to get there. No chance of that happening.
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I agree, rates will not return to what they were. I really hope manufactures don’t keep supply low on purpose to keep driving prices up though. At that point buying a slightly used one would be a better option depending on the vehicle.
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Manufacturers are going to keep supply low. Because:
- People are still buying cars
- If cars start to sit, the remedy isn’t to build more cars and have more sit
- Lower production numbers means;
a) lower production overhead (less people building them/less transport people)
b) less sales people/finance managers/porters
Why would they make more cars? To make less money??
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Yesh that’s probably going to happen. Just sucks what you use to be able to lease versus what it gets you now.
yeah 300 sign and drive 3 series was nice.
So was the 80s where buying a 5 bedroom house for under 50k on long island was possible
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@IAC_Scott in shambles
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you aren’t even close, and your comments haven’t even factored in the new labor deals for the big three as well.
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All my buddies that work at dealerships say they are getting slaughtered on car pricing…
Forbes came out and said people are behind their car payments at the highest rate in history.
They are selling electrics with 45k rebates.
What are your facts?
What do you do for a living?
So they make up the few percent in margins on the car deals they bend people over for… ya they don’t care. Always be deals
Go back to your lunch group at KFC with your “dealership buddies” and listen more carefully this time.
We are talking about new cars and not used rides.
lol 
This includes new.
Cars going 15-20k over sticker are now sticker
10 percent on bmws now
40 to 50k off s classes
This was near impossible during covid
It’s only been 1 year
You showed no facts
Guess your smarter than UBS
Nice information……from almost two months ago.
You are still wrong, so head back to KFC for your dealer buddy lunch and try and get an update that isn’t over 6 weeks stale.
https://think.ing.com/amp/article/car-market-update-momentum-2024/
Ya did you read it
Lol would prove my point even more
The inappropriate use of “your” is classic, and the irony in that “sentence” is just as awesome as the words you jumbled together above as well.
So glad “your” grammar has worked out as well as “your” reading comprehension when it comes to the strong new car market in 2024 and the financial outlook for 2024.
DM’d you some screenshots of KFC coupons I found on the floor of the post office. “You’re” welcome and thanks for replacing @eric51 as an outstanding substitute troll.
Damn people are out here just tossing their KFC coupons on the post office floor? In this economy?
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I don’t really think a gross number of cars sold necessarily means things are good or bad.
Discounts being offered are absolutely increasing across the board so there is other evidence of slowing market wise.
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A post was merged into an existing topic: Off Topic Landfill 5
Why is KFC catching strays? I mean they’re not as good as Popeye’s, but their extra crispy is still pretty good.
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