They make what sells. Sadly, what sells is enormous. It doesn't really matter what it is, as long as it's huge with buttons and flashing lights.
A fellow I know just bought a new pickup, I counted 22 buttons on the steering wheel.
They make what sells. Sadly, what sells is enormous. It doesn't really matter what it is, as long as it's huge with buttons and flashing lights.There are lots of other options than what are presented in that video. There are plenty of sedans and compact crossovers in the mid 20 to 30k range. Still a lot of money, but better than the loaded behemoths in the video. Auto makers *have* pushed up the market with SUVs and crossovers instead of wagons and hatchbacks though. The one thing that could really crash the auto market is a major spike in fuel prices, especially for makers like Ford that will no longer be selling sedans in the US.
If one shops carefully, new cars can actually offer a lot of features for the price, and cars last a lot longer than they used to.There is always the 1-3 year old used/lease return market.
The way things are going I'd expect that the auto industry will simply exhaust the borrowing capacity of consumers before oil prices hit their increasingly War Rig like product lines. Especially if there is any sort of general economic downturn.
Amen on the off lease vehicle market. Paid 30% of new sticker price for a 3 year old vehicle with under 20k miles loaded with every option they offered.
Depending on the vehicle, 30% isn’t really that good when someone else already enjoyed the issue free maintenance free life out of it. An SUV or pickup, it’s an ok deal. If it was anything with a 4cyl, no matter how basic or how loaded, that’s a bad deal. You can’t throw a rock without hitting a boring 4 banger sedan. They are a dime a dozen, and their residual value typically reflects that. A full 3 years later it should be 50% or more lost value. Mileage isn’t the enemy of modern vehicles, time is.
There are lots of other options than what are presented in that video. There are plenty of sedans and compact crossovers in the mid 20 to 30k range. Still a lot of money, but better than the loaded behemoths in the video. Auto makers *have* pushed up the market with SUVs and crossovers instead of wagons and hatchbacks though. The one thing that could really crash the auto market is a major spike in fuel prices, especially for makers like Ford that will no longer be selling sedans in the US.
If one shops carefully, new cars can actually offer a lot of features for the price, and cars last a lot longer than they used to.There is always the 1-3 year old used/lease return market.
30% OF sticker not 30% off sticker. Lol, I’ve had new cars with more problems than this. The model year has no major issues, it’s under warranty still till 2021, and the most expensive component warrantied till 2026.
I misread and that makes more sense. Must be closer to what I said, a really boring 4 banger. Is it a Hyundai or something? Not many makers do 10 year OEM warranties. Unless it’s one of those 3rd party crap shoot extended warranties.
It’s a BMW. Factory warranty and bought as CPO.
It probably won't happen for another 5-7 years but soon, used ICE vehicle values are going to plummet and people will be afraid to buy new ICE vehicles in fear they won't be able to sell it or get very much for it. Because the demand for ICE vehicles are going to drop off the cliff, and people will only want BEV.
They're giving away the i3. Same with GM giving away the Bolt. No demand for any BEV other than Tesla atm.You got a good deal, never seen a 3 year old BMW with less than 20K go that low, and I’ve been in their market for years.
Too bad, especially because Ford made some very nice sedans, notably the Fusion and Focus. Unfortunately for them, the Fusion was not very fuel efficient, and the Focus got a bad rap because of the dual clutch transmission problems.Not sure if you've heard, but Ford is ending all passenger cars other than the Mustang. GM is not far behind. No idea what Dodge has planned. The market isn't super happy with Ford at the moment.
Used can be good, but of course is more of a crap shoot. Even a relatively solid model can have hidden damage or issues.
Everything looks a bit fragile right now. It's going to be an odd lineup once the last cars are gone from the dealers. It kinda seems senseless to me, sure they don't need to run a bunch of different lines of vehicles, but surely they could replatform the Mustang chassis into a reasonable affordable car. By sticking with lower output motor options and not having to do a convertible or manual model, a reasonably affordable sedan could be generated.
God knows they need some luck, because all their balls are still up in the air, they have pivoted to a much more expensive overall lineup sans Fiesta, Focus, Fusion, Taurus, so if the economy takes a bit of a dump like I am seeing signs of, then we're going to see go the Hindenburg style end.
At Ford, $37 billion in the bank and strapped for cash
Ford is sitting on $37 billion in cash, one of the 10 biggest balance-sheet hoards in corporate America, but with a difficult transition to electric vehicles and other pressures in the auto sector, Ford's financial managers need every penny.www.cnbc.com
They're giving away the i3. Same with GM giving away the Bolt. No demand for any BEV other than Tesla atm.
Too bad, especially because Ford made some very nice sedans, notably the Fusion and Focus. Unfortunately for them, the Fusion was not very fuel efficient, and the Focus got a bad rap because of the dual clutch transmission problems.
They're giving away the i3. Same with GM giving away the Bolt. No demand for any BEV other than Tesla atm.
BEV = battery electric vehicle??.They're giving away the i3. Same with GM giving away the Bolt. No demand for any BEV other than Tesla atm.
lol. . And people think I'm crazy.It’s a sign of the inability to create something for the market. Compact SUVs sell great because that’s what in style. All of the electric ones sacrifice too many of the SUV qualities to make it an SUV. Tesla doesn’t make one because they would be terrible at it, because the technology isn’t there to make a great one in the price bracket that market exists in.
Tesla doesn’t just do great because of their tech, they do great by refusing to compete in markets they would absolutely fail in. That includes
1. Space constrained compact SUV
2. Sub 20K cars
3. Stronger SUVs capable of towing for at least 300 miles between charges
4. Mid size or half ton pickups
It’s easy to be amazing when you don’t apply yourself to segments in which you have the potential to fail. Cornering the market for years where people have disposable income for 70K plus all electric low range cars, and homes that can support 240V chargers is not the every day market in the slightest.
All of Tesla’s vehicles together sold less than one single model line of any of the big 3 or sedans sold by the American imports. It doesn’t matter that they are disruptive in their field, they obviously fail the average American. A lot of people can see that.
BEV = battery electric vehicle??.
I would love to have an electric, but just cant accept the range limitations, since I only have one vehicle in the family. If they were cheap, that would be one thing, but they are still expensive as well as having a limited range.
Edit: It is even worse for me, because I live in a cold climate where it is freezing or below for about 6 months of the year, exacerbating the range limitation. Very good chance I will look for a hybrid if I ever buy another new car though.
I hope he lets all of them fail. Buying any of them will be a huge mistake.Well, if Ford buys the farm in a ludicrously self-inflicted doomsday scenario should the economy bend into recession this year, then perhaps Musk can buy up the remains and create a mass market company in his streamlined thought process and make a better, more rational FoMoCo.
lol. . And people think I'm crazy.
Battery costs are going down every year and batteries and techs are only getting better. In couple years, BEV will be much cheaper to make than ICE vehicles. I suspect really cheap BEV will be made for world market at Shanghai Gigafactory by Tesla China team. Think of it as Model 2 and sub $25k car. It'll happen.If the Model 3 ever becomes widely available with no markups, I could see it becoming much more common a sight on the roads. Seems like it was a tough go getting that thing to meet timetables.
I hope he lets all of them fail. Buying any of them will be a huge mistake.