04-01-2024, 12:39 PM | #1905 |
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This still seems way too high under the current conditions, tightening credit, high interest rates, and rapid depreciation. I think our $14k BEV is an easier pill to swallow with more trade-in/cash equity as a down payment, or just buying outright, and losing considerably less with depreciation.
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04-01-2024, 01:34 PM | #1906 | |
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Quote:
14K cash for 170 mile range car. I wonder if anyone would bother to take a look at that?...hmmmmmm.....lol |
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04-01-2024, 01:48 PM | #1907 | |
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Quote:
Eh, have you seen the average price of cars now? There are compact cars (i.e. Civic, Mazda 3, etc) that sticker for over 30K now. You can still get them in the mid 20s, but overall car prices are ridiculous. So I can absolutely see 30K to 40K EVs being considered 'value' propositions. You can't even get a new ICE for $14K in USA, so expecting that for an EV is totally unrealistic. |
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04-01-2024, 02:16 PM | #1908 |
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Well, we'll never know what the Chinese pricing will look like until they become available here. Even if our cheapo CCP cars can't get here as cheaply as we hope, I'm guessing they will come in 20% or more less expensive than any comparable western OEM's product. Unless of course we tariff them to death, then they won't come at all.
In the meantime, maybe some bigger anti-inflationary subsidies? like... oh, i dunno, $15k rebates from the government, means based, and only on BEVs under $50k or whatever? Gotta keep doubling down, since we can't roll back, because tailpipe emissions have to hit zero before all other sources, because of reasons. |
04-01-2024, 02:28 PM | #1909 |
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....From that article:
"Detroit auto execs are scrambling to revise their electric portfolios to match up with the change in demand. Ford CEO Jim Farley said last month the company would be spending more money on mass-market electric vehicles, and a recent report from Bloomberg said the automaker recently delayed an upcoming three-row EV to focus on a trio of $25,000 electric vehicles." Low cost can be done. China beat them to it. The automaker's trying to convince everyone that 40-50K is the new "affordable" and low cost, isn't fooling anyone. And now they're caught flat-footed. Too bad it took the CCP to show the US automakers what competition is and the actual market reality for EVs. |
04-01-2024, 02:31 PM | #1910 | |
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Quote:
https://b2b.kbb.com/dealer-resources...%20year%20ago.
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04-01-2024, 02:39 PM | #1911 | |
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Quote:
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04-01-2024, 05:55 PM | #1912 |
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Why does anyone think cheap Chinese cars are going be anything other than complete pieces of shit?
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04-01-2024, 06:44 PM | #1913 | |
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There are already Chinese vehicles being sold in the US. And they are all high priced and high quality. They just aren’t being sold by Chinese brands. I rode in a Chinese-made MG 5 on my last trip to Mexico. Not a bad car. Felt like a lower content VW Jetta. Not on my list of purchases, but then my tastes in vehicle are rarely close to mainstream. https://en.wikipedia.org/wiki/MG5_%28automobile%29
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04-01-2024, 06:45 PM | #1914 |
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Mostly from the media, saying western OEMs should be scared. Engineering companies picking them apart and not finding much to improve on their processes. European reviews fawning over them. Youtube videos that appear to show attractive, well furnished cars, with decent materials inside.
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04-01-2024, 07:09 PM | #1915 | |
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Quote:
Back in the day... You could finance a car at a reasonable rate. Gas was cheaper. Credit was easier to get. People felt comfortable buying a more expensive product. Market demands change with the conditions. Would a cheap (Chinese) EV in the US be such a bad thing? |
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04-01-2024, 07:31 PM | #1916 | |
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04-02-2024, 01:27 AM | #1917 |
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The Spark was tiny!. -And it had the Sonic right on top of it. -And that had the lighter 2nd Cruze right on top of it. -And urban hatches were morphing into small CUVs.
In this country, there should always be a place for cheap, gas, large-orbit, rural commuter cars. But regulations help get them killed by being lower margin. EV necessitates a smaller orbit of driving aspiration. The market is captured, having a domestic industry can be held for ransom whether it goes to China or anyone else. That should be more clear when Ford and gm's EV spend to protect the money segments can't trickle down to replace cheaper ICE volume segments. Last edited by genxer; 04-02-2024 at 05:05 AM. |
04-02-2024, 09:14 AM | #1918 | |
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