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These prices are pretty meaningless. They said the same thing about Hyundai Konas but dealer prices are substantially different. Used/new car purchases continue
by alphanumeric0 3y ago
These prices are pretty meaningless. They said the same thing about Hyundai Konas but dealer prices are substantially different. Used/new car purchases continue to be a terrible value proposition.
- michaelbuckbee 3y agoSame with F-150 Lightning - _insane_ levels of dealer markup.
- rootusrootus 3y agoNot any more. Within 20 miles of where I'm sitting there are two dozen Lightnings for sale at MSRP (and I'm not in a big city). Markups are not really a thing at this point. Too-high of an MSRP is causing these to languish on the lot. Ford needs to start doing rebates like the good old days.
- xnx 3y agoInflation has stopped for most categories, and for cars it has reversed https://site.manheim.com/en/services/consulting/used-vehicle-value-index.html https://site.manheim.com/en/services/consulting/used-vehicle...
- mullingitover 3y agoPer CarGuru's stats page[1], prices have been in steady decline across the board. Average is 4.63% decline in the past 90 days. Hyundai/Kia are down >5% in the past 90 days. Teslas are actually down a lot more, 14% in the past 90 days and 29% YoY. [1] https://www.cargurus.com/research/price-trends https://www.cargurus.com/research/price-trends
- antisthenes 3y agoStill 27% over January 2020, compared to 17% inflation over the same period. Car prices need to drop another 10%, and then some for them to actually become affordable.
- mullingitover 3y agoI'm sure China's deflation problem will spread soon enough, give it time.