It’s possible things will change but as it is today - $80k to $110k for an EV truck is a bargain given where ICE prices have climbed to…(All before tax)Sent from my iPhone using Tapatalk
Dealers aren't jacking anyone in Canada. They need volume to make a profit and the volume is not there due to a chip shortage. It's a disaster for all concerned. The Manufactuers, The Dealers, the Consumer.
https://www.cbc.ca/news/business/market-adjustment-fee-car-sales-1.6653676Dealerships across Canada using loophole to conduct 'extortion' by jacking up prices, says auto expert
^^ That 's just a lot of deposits really.
Ram announces new tech specs about the 2025 Ram 1500 REV.https://www.motor1.com/news/660742/2025-ram-1500-rev-range-and-specs/
Quote from: Seafoam on January 08, 2023, 08:57:42 am^^ That 's just a lot of deposits really. Sure. But it is keeping Dealers in business combined with maintenance requirements. We aren’t seeing massive bankruptcies in that sector and it is recovering. Not ideal but also not all doom and gloom.
Quote from: Layne on January 08, 2023, 11:08:11 amQuote from: Seafoam on January 08, 2023, 08:57:42 am^^ That 's just a lot of deposits really. Sure. But it is keeping Dealers in business combined with maintenance requirements. We aren’t seeing massive bankruptcies in that sector and it is recovering. Not ideal but also not all doom and gloom.Don't see how a non binding deposit helps new car dealers. Not recovering. Used car inventories and sales are bleak. Sure, Ford/Nissan dealers are surviving vis-a-vis warranty claims. Small Nissan dealer from my former life is installing a CVT every week. Next door at Toyota it's nothing; brake jobs.Watch AutoCanada. Year ending 2022 net debt was 1.3 Billion. Wait till their debt resets.