Earlier quoted context omitted.
I applaud you for not taking the bait on the Model 3, which is overrated, but I cannot fathom purchasing an appliance car like a Camry. You can’t possibly enjoy driving it. Why not at least a Honda?
What, does buying a more expensive car give you access to a different set of traffic laws? My 106HP Yaris is more than capable of breaking the speed limit and coming off a stop fast enough to slam me back in the seat.
Carmakers feel chip crisis easing
141–150 of 261 posts
Re: Carmakers feel chip crisis easing
#142Earlier quoted context omitted.
Know the 4 boxes where they make profit. Price, trade in, add ons, and financing. You just found out that a law that forces MSRP doesn’t do much except help politicians break their arm patting themselves on the back.
You could sell the car yourself, and get financing from a bank. Then its only price (fixed), and addons.
Re: Carmakers feel chip crisis easing
#143Earlier quoted context omitted.
High powered vehicles have a tendency to cause sudden acceleration. Sudden acceleration is a contributing factor in many vehicle crashes.
High powered vehicles don't have a tendency to cause anything. Driver input causes sudden acceleration. Having access to more power is not an inherently dangerous thing. Poor driving ability is a dangerous thing - though I agree that more power can compound that danger. I drive a 480bhp 1800kg car. It takes active involvement from me in multiple steps to "take off" or 'suddenly' accelerate, and when it does so, the w…
That’s exactly what he meant.
Re: Carmakers feel chip crisis easing
#144Earlier quoted context omitted.
I tried to buy a new car yesterday. The price was exactly MSRP, but there were plenty of ad-ons. That I couldn't remove "if I wanted to buy that car". In the end, there were about $11k in "extras" and they low balled me on my trade-in vehicle. I ended up walking away.
Know the 4 boxes where they make profit. Price, trade in, add ons, and financing. You just found out that a law that forces MSRP doesn’t do much except help politicians break their arm patting themselves on the back.
There are lots of dealers to buy vehicles from, lots of people to sell your vehicle to, plenty of alternatives to "add on", most of which are unnecessary, and lots of banks and credit unions to loan you money.
When you have alternatives and can use them at the dealer, you'll get dealership down on prices. Understand the incentives the dealers have (how they make money, especially extra money), understand their cost structure, etc. and you'll have even more bargaining power.
For example, you can often leverage financing to get the price down. The dealers get extra cash by bringing financing deals to their partners, so they might take a few hundred off the vehicle if you finance. Even if you want to pay cash, take the financing (make sure no origination fees or early payment fees) and pay it off before it accrues any interest.
I've also walked into dealers before with print outs of the same vehicle priced lower at other dealers and magically they become more flexible. I've ever tried this before where I didn't present this info and they let me walk out of the store, refusing to budge. Then when I came back with the info, they became more flexible.
The service departments pull this nonsense as well. I've negotiated service prices down 40% in the past and know that you can use things like recall repairs to get a better deal on repairs you actually need done (if you do x repair for $y, you can do this recall repair as well).
I think dealers are an extremely bad component of the vehicle market, but eliminating them will lead to people who can exploit the system to pay more. It will be an overall net benefit for the market though.
Re: Carmakers feel chip crisis easing
#145In one week we got news that wood logs price are normalizing, that GPU and ram are starting to be available and price as per catalog and now that. It seems only oil price normalization is missing and that would mean the inflation was truly supply side and temporary.
Re: Carmakers feel chip crisis easing
#146Earlier quoted context omitted.
I'm sure they will all return to the way they did things prior to covid. All it will take is GM or Ford to start stacking new vehicles on car lots, and all of them will have to follow along.
Ford leadership seems to really want to move to the Tesla preorder model, but changing this will be extremely difficult. This entrenched way of doing business may start seriously hurting their bottom line if Tesla and others can scale the direct to consumer model.
When exactly is Tesla going to offer an economy car? With their margins they could make the Model 3 priced like that to win market share before other automobile companies catch up. I don't follow them or their product releases but haven't seen anything in the press about that direction of the company.
Re: Carmakers feel chip crisis easing
#147Earlier quoted context omitted.
Disclosure: I work for GM. Anything expressed here is solely my own opinion and experience. I think each statement is true. Context: for ages, OEMs (the factory) have had a belief that Americans will not wait to buy a car. There's also a bit of a prisoner's dilemma: if any automaker wanted to trim inventories, the customer could go to a competing automaker's lot and buy today. Since customers will not wait to buy a c…
> Context: for ages, OEMs (the factory) have had a belief that Americans will not wait to buy a car. On the contrary, we recently added a 3rd car, and it ended up being a $4000 used Toyota Camry. My first choice would have been a Corolla or civic but none were available at a reasonable price, condition and mileage. Due to the well known rise in used car prices. It's in good enough condition and meets all the requirem…
Re: Carmakers feel chip crisis easing
#148Earlier quoted context omitted.
My friends who work at Ford all report a general feeling of being over the dealership. They’re just as sick of the dealer shenanigans as we consumers are and it sounds like they’re working hard on cutting them out. This didn’t have to be—but the dealers insisted on being scummy and not changing with the times and now they’re left friendless.
Ford recently announced that all new electric vehicles will be ordered direct and at MSRP. https://www.roadandtrack.com/news/a40175990/ford-online-sale...
It’s about time OEMs fight back against dealerships.
Re: Carmakers feel chip crisis easing
#149Earlier quoted context omitted.
> Context: for ages, OEMs (the factory) have had a belief that Americans will not wait to buy a car. On the contrary, we recently added a 3rd car, and it ended up being a $4000 used Toyota Camry. My first choice would have been a Corolla or civic but none were available at a reasonable price, condition and mileage. Due to the well known rise in used car prices. It's in good enough condition and meets all the requirem…
> no more paying comprehensive insurance Assuming you can afford to replace it on your own if you need to, this one really adds up.
Even if insurance went optional I'd still go fully comp, as the cost of a new car is not what I need if I'm already financially struggling due to injury
Re: Carmakers feel chip crisis easing
#150I have a hobby around electronics, and as a side effect, I have been keeping CSVs with all the components from JLCPCB Parts library for the last 6 months. It appears that we're slowly crawling out of the pit: date,in_stock,out_of_stock,in_stock/total 2022-06-06,185324,173101,0.517051 2022-06-05,185116,173227,0.516589 2022-06-01,184845,173355,0.516039 2022-05-28,183850,173676,0.514228 2022-05-21,181201,175377,0.508167…