To: Bobby777
The margin for auto manufacturers on mew vehicles is huge, in thousands of dollars. I don't have the exact figures, but I recall reading once in the same Wall Street Journal that the margin on a new $18,000 minivan was something like $7,000. That's why the auto companies can adjust the prices of their products for the markets, and sell them for much less in developing countries than here in the US. The cost of production has nothing to do with the price in the US, and this is the case in other areas. The American way of pricing is whatever the market will bear. Think seven dollar, ground cardboard, ballpark wieners!
To: Revolting cat!
I for one will never be buying thatNew $18,000 minivan until the price is around $12,000 to $13,000. BTW With options I think that Minivan may be closer to $28,000.
144 posted on
11/04/2002 9:21:17 AM PST by
Woodman
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