How many months on the .9%?
Current New Vehicle Market
- Thread starter 13COBRA
- Start date
How many months on the .9%?
60 months
How many of those 2022s do they have in stock? Local Ford dealer here has up to 12k off msrp and 2.9 for 72 months on 2022 f150s. But they don’t have much to choose from. 3 of them are on the lot.
24 1500 4 classic 2022's
Local hometown Ford dealer has 11 2022 F-150's on lot.
These 3 I mentioned are still from 70k-80k after the discount because they are either Sherrod, or Rocky Ridge editions. But looks like they can acquire other f150s from their dealer group network. So with that it says 46 are available for that deal.
Ford killing off the Edge/Nautilus and maybe the Escape now. Mazda has a new CX-30 and CX-50 and bringing out a new CX-70 and CX-90. Ford does have the Bronco. EV's at Ford sucking all the development money.
The new Ford F-250 and F-350 6.8 gasser XL STX trim trucks are getting a lot of good reviews. Price and towing performance are apparently topnotch.
Good article on truck sales. Comparing year ago is tough since RAM did a better job with inventory than Ford or GM did. Ford is doing a much better job with inventory now and sales reflect that. RAM struggling to keep that market share.
pickuptrucktalk.com
2023 Q1 sales: Ford, GM battle for truck supremacy, Honda Ridgeline big winner - Pickup Truck +SUV Talk
The 2023 Q1 sales results are in with some interesting results with Ford on top, GM sort of there and the Honda Ridgeline posting big growth.
pickuptrucktalk.com
Automakers likely driving toward overproduction - UBS
TSLA -4.02%Apr. 05, 2023 11:46 AM ET11 CommentsAn analysis by UBS indicates that automakers could be headed for overproduction amid normalizing supply chains, reversing the trends that caused prices to soar in recent years.
The analysis offered by a team of analysts led by Patrick Hummel pointed to global production reaching 85.8M units in 2023, overshooting the team’s sales forecast of 81M units. As such, inventories are expected to exceed pre-pandemic volumes for the first time as demand slows and production bottlenecks are alleviated.
“OEMs argue with pent-up demand, but that expectation is not supported by latest macro trends. Given the bullish production schedules, we see high risk of overproduction and growing pricing pressure as a result,” the team told clients. “The price war has already started unfolding in the EV space, and we expect it to spread into the combustion engine segment in H2.”
That said, Hummel’s team expects luxury automakers to remain resilient, with Porsche AG
Crazy
More people are taking on 84-month auto loans when it comes time to finance new and used cars. By the end of 2022, consumer credit agency Experian found that 84-month loans were underwriting nearly one-fifth of all new-vehicle purchases and 11 percent of used-vehicle purchases, according to Automotive News.
jalopnik.com
More people are taking on 84-month auto loans when it comes time to finance new and used cars. By the end of 2022, consumer credit agency Experian found that 84-month loans were underwriting nearly one-fifth of all new-vehicle purchases and 11 percent of used-vehicle purchases, according to Automotive News.
One-Fifth of All New Car Loans Are 84 Months or Longer
Many new and used car buyers are opting for longer loans that will take seven years or more to pay off.
jalopnik.com
Brother this made me go look. And all of the psychopaths here locally have 2022's for 60-70k.
Not a damn truck for under 50k regardless of 22/23 MY
I used zip code 29033 and 150 miles on cars.com and there are some crews under 50k but almost all XL trim level.
Crazy
More people are taking on 84-month auto loans when it comes time to finance new and used cars. By the end of 2022, consumer credit agency Experian found that 84-month loans were underwriting nearly one-fifth of all new-vehicle purchases and 11 percent of used-vehicle purchases, according to Automotive News.
One-Fifth of All New Car Loans Are 84 Months or Longer
Many new and used car buyers are opting for longer loans that will take seven years or more to pay off.
No surprise with the XLT level F150's starting at/over ~$50k
I know GM Finanical had an 84 month loan option last year.
4.34% was the offer at that term.
Thing about these new trucks, not a single one of them warrant that kind of price IMO. I understand production/component costs. But that 50-60k XLT is as capable/nice as pretty much any preceding truck of the last 10-20 years for a 1/3 of the price
Ford just sent me a 2k coupon for a new F-150. Not in the market though.
Send it to me, lol. I have a Tremor coming!
I would give it away if I could
RAM EV truck reservations sold out.
People need mental evaluations for paying these insane prices. Seriously.
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