Cox reports on the Mannheim Index so the sources are the same.
Cox reports on the Mannheim Index so the sources are the same.
I could definitely see that being frustrating. My parents have a couple accounts setup for their PHEV. Let’s hope as the infrastructure gets better that the administrative side gets better as well.
They’re too expensive. Lower the price and I’d buy one. Remember when we were promised a $40k F-150 lightning? Now they retail for like $70k minimum and dealers tack on an extra $25k for shits and giggles.
I think the free money train has ended and people are now left with ridiculous grocery bills and can’t afford the $70k vehicles others were previously financing at 0%.
Interest rates have destroyed affordability and now people are looking for the cheapest thing on the lot that fits their needs. Expect inventories to rise in everything but the cheapest vehicles until OEMs get with the programs and reduce prices.
COVID is over and we’re ‘back to normal’ according to every employer out there. How about prices come back to normal as well.
You’re not unless you order it. Although I suspect you might see better availability starting this model year.
I think the point here is that the Maverick is quite a bit cheaper than a minivan. I think a more fair comparison, speaking of price only, is a half ton like a Tacoma or Ranger.
But I wholeheartedly agree with your point that many people would be better off with a minivan than a truck. A minivan provides the functions needed for most people much better than trucks do, and come with better MPG and a comfier cabin.
The base price for a minivan (Toyota Sienna) is like $36k, almost $10k more expensive than the latest Maverick pricing. Siennas also aren’t really any easier to find either, they’re very in demand by young families right now.
Agreed with a lot of your prospective on functionality and I’m hopeful minivans are making a comeback as they’re much more practical than the half ton or full size pickups people are buying.
I’d argue that the price cuts and increased production had the most significant effect. Other OEMs are jacking up prices right and left and dealers are adding $5k on top. Tesla is a simple, easy, affordable buy right now. Never thought I’d say that.
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The Lariat does have the Lux package now included. But you’re completely right. The appeal of this truck was its affordability. I think the interior was appropriate for the $20k price point but not sure it’s really meeting the $35k+ price point.
I suspect that once the initial flow of orders passes that the demand for the Maverick at this price point will crash. They’ll have to introduce rebates that bring the price back inline with expectations.
I hope so. I think the demand for the Maverick and the hybrid in particular showed there is a strong market for compact trucks.
Looking forward to seeing what other OEMs put forward.
Sorry, I should have been more clear. I meant the movie Avengers: Endgame.
Lol, hell no. Especially when the movie will be streaming in 3 months time. Haven’t been to a theater since Endgame.
That is my understanding as well.
I think this will kill some demand though which might result in trucks sitting on lots this time next year. If RAM and Toyota come out with their own compact trucks Ford may be forced to introduce some incentives with that kind of MSRP.
Yep, demand has cratered as a result of inflation in other areas and high inflation rates. Watch what happens when student loan payments return.