not too much talk about how the car chip shortage is gonna affect inventories and prices in the future. maybe it won't but it seems like a lot of auto plants are going idle
not too much talk about how the car chip shortage is gonna affect inventories and prices in the future. maybe it won't but it seems like a lot of auto plants are going idle
At this point I believe they will do anything to keep car prices artificially high.
About the cheapest new car you can buy is $20k and the absolute cheapest truck you can buy is about $30k. And that's for just the basics.
I figured with all the promises of the electric car, they would figure out how to make inexpensive electric cars for folks seeking just basic transportation, but I don't think they really have any interest in doing that because the profit margins are so slim.
The last time we bought a new car was about 18 years ago. Never again.
"When I say ever thing I mean ever thing." - Frankie
A friend of mine works in upper management at a Honda plant and told me yesterday they were working 3 day weeks because of this. So it’s real for sure.
I remember all those ford trucks supposedly in Kentucky, waiting on chips during covid. I dont think those trucks ever hit the open market. It drove the price higher and it never came down.
Last edited by coldtrail; 11/23/2505:12 PM.
"And the days that I keep my gratitude Higher than my expectations Well, I have really good days" Ray Wylie Hubbard
Cool, you found one whole example. Well done. It’s literally the only car under $20,000. I can’t even recall the last time I saw a newish Nissan Versa.