Fear of Impending Car Price Collapse Grips Auto Industry

[VelourSocks]

been wanted a grand cherokee but I think I might drive this 2015 honda accord into the dirt.

 

[987654321]

All 2020

“Ayeee! Oh shyt! That’s you, cuh?!!?!?”


“awww you know how I do, nikka”

 

[Smokin Rider]

My car just died Saturday and I need a new one

Gonna have to thug it out til the end of the year

 

[Atlrocafella]

Going to hold onto my 2013 paid off whip, unless Mercedes makes me an offer I can’t refuse

 

[ColdSlither]

I've had my eyes on a Jeep Wrangler for a while now

 

[Kairi Irving]

and so it begins

Capitalism baby. It is what it is. Prices have to go down heavily if this is ever going to work.

Not just cars neither.

$20 dollar dinners at Ruth Chris brehs
50% off all sporting event tickets and major concerts

Dont even get me started on clothes. Lemme see how Nordstroms gonna charge $80 for china made jeans now. Hugo Boss suits for $50.


before the shutdown air travel prices already were low af aint no saving the airline industry though ..........$20 flights to vegas?


i mean yall want the money or not?

200$ PS5 on launch

30$ games

 

[Prodyson]

Just look at it this way. American plants will have been shutdown for about 10 weeks when this is done. That's 10 weeks of productions...1/5. Now also factor in natural market cap loss these companies are dealing with which equals a cut in work force. Also factor in the fact that they're probably foreseeing this as well so they are naturally going to slow down production.
I'm telling yall 2021 models aren't going to be touched pricing wise. Too many people laid off so they wont be out car shopping to up demand.

If that’s the way things pan out then new car prices might go up. Their budgets for the next 5-10 years are based on a certain level of production. If they cut production to match lowered demand, then either it’s gonna be a stakeholders’ bloodbath, or they’re going to have to up the prices.... or they’re gonna have to make there money somewhere else. Bottom lines gonna be looking real funny in the light with these new production numbers.

 

[Robo Squirrel]

My nikka @Squirrel

 

[Mr swag]

Honestly they are overpriced for most consumers. This is a reckoning.

yup, the avg payment is 525 over 7 years

this was NEVER going to hold

 

[Luck]

Makes sense, dealerships been hella thirsty with the emails and texts, acting like old exes and shyt

I might get a big horn ram truck if they talking right

 

[hayesc0]

Just dropped 65k on a new truck last year... fukking hell.

Well you love capitalism and the free market so much so

 

[Robo Squirrel]

My nikka @Squirrel

 

[Spence]

Houses and cars about to drop. Ford and Vw already advertising 180 days of no payments

that’s half the fkn year

if people were smart they would get the new whip, not pay a dime and drive the car for 6 months then private sale or trade it in and take maybe a $2k hit.

 

[Buckeye Fever]

All 2020

“Ayeee! Oh shyt! That’s you, cuh?!!?!?”


“awww you know I do, nikka”

*takes sips of Heineken while lookin' at yo rims*

"That muhfukka clean"

 

[SmarkMero]

I better keep an eye on them pre orders..