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04-11-2011, 02:07 PM | #1 | |
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The big threat: Chip shortage
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04-11-2011, 10:34 PM | #2 |
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so 10% of total global automotive supply is impacted?
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12-29-2021, 11:38 AM | #3 |
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What Happened With the Semiconductor Chip Shortage—and How and When the Auto Industry Will Emerge
https://www.motortrend.com/news/auto...sons-solution/ |
12-29-2021, 11:54 AM | #4 | |||
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12-29-2021, 11:59 AM | #5 |
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Best indicator?
Drive by a dealership. How many new units are on the lot? Look at the price of used cars, particularly 4 years or less in age. Are they on the high end/higher than KBB? |
12-29-2021, 12:49 PM | #6 |
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KBB is no longer relevant. Quotes from Carvana and Vroom are usually way higher and you can use those quotes to negotiate with your local dealer for trade in. That's what I did.
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02-01-2022, 06:30 AM | #7 | |
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Lexus global sales fall just short of all-time record in 2021
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02-03-2022, 11:04 AM | #8 |
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It's not just chips in short supply buy many other parts from Canada and Mexico or Asia now. Bearings bolts and semi finished parts
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02-03-2022, 12:09 PM | #9 |
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Food chain. Less cars being produced for one thing means less of all the other things going into the car. Can't keep the lights on when there's nothing to make.
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02-03-2022, 12:24 PM | #10 |
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Funny thing is, the dealers at the complex I work at had record profit years the last 2 years, and the company that all these dealerships are under had the same. But still less than half what we'd normally see for inventory over the last 2 years.
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02-03-2022, 12:34 PM | #11 |
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The available chips (and other parts) are most likely going to higher profit models and trims. This is partially being reflected in higher transaction prices in new cars.
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02-03-2022, 05:30 PM | #12 |
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Makes sense, better profit to sell one car for $4k over MSRP than 3 cars at $500 over invoice.
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02-03-2022, 07:21 PM | #13 |
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Yeah and it makes sense since price gauging is totally acceptable and not a problem at all as it doesn’t create inflation like raising minimum wage and stuff…..ohh wait…
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02-03-2022, 11:29 PM | #14 |
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Price gouging is when you're overcharging for necessities. If you're overcharging for a fancy new BMW SUV, that's called a freemarket.
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02-04-2022, 08:47 AM | #15 |
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You’re right, because cars aren’t a necessity for people in this country thanks to the wonderful investment in public infrastructure and thus great availability in public transportation. Plus, RAV4s being sold at like 80-90K is also called the free market as they’re luxury items like a BMW. Ohh you know what else is the free market overcharging for fancy luxury? Ohh I don’t know things like healthcare and medicine and housing. Hahaha what a joke
Last edited by mcarb002; 02-04-2022 at 09:07 AM. |
02-04-2022, 02:47 PM | #16 | |
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Quote:
I think the days of 15000 dollars off sticker on trucks is LONG gone and are never coming back. |
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02-04-2022, 03:33 PM | #17 | |
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Quote:
The model of buying cars at MSRP is an effective model but all it takes are a series of compounding events to occur to reverse course. On a large scale, all it can take is one manufacturer to ramps up production on lower cost trims and models. This is a likely scenario as the cost of new cars are increasing at a rapid pace, and soon you will have less new consumers because they can't afford it. So a market opens for lower cost new models/trims. Once consumers purchase these, then used car prices drop because consumers would rather buy new than used. As prices drop for used cars, people are buying used again and now dealers have high priced models/trims sitting on lots not moving. |
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02-04-2022, 04:07 PM | #18 | |
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02-04-2022, 06:37 PM | #19 | |
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02-05-2022, 08:38 AM | #20 |
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But I thought BMW luxury price hike was the free market? So which is it? Oh I see, when it doesn’t fit your narrative: healthcare, medicine, housing, food—not free market it’s the gubmit’s fault as there’s no freedom. Got it.
Last edited by mcarb002; 02-05-2022 at 08:52 AM. |
02-05-2022, 10:41 AM | #21 | |
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02-05-2022, 11:04 AM | #22 | |
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Good job Ford. Their earnings were terrible they missed on the top and bottom line. |
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02-05-2022, 04:27 PM | #23 | |
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Do me favor please Varmit, please..Don't respond.. let the dust settle.. |
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02-06-2022, 02:37 AM | #24 | |
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https://www.mbtmag.com/quality-contr...rs%20by%202020.
I thought this was an interesting read. Minus the age of it of course. I think i can find more up to date research. Quote:
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02-06-2022, 07:04 AM | #25 |
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