I’m curious whether the new car market in general is also soft. Focusing on EV demand is fair but what is demand for new cars in general?
“Focusing on EV demand is fair but what is demand for new cars in general?”
Dealer lots are starting to fill up again but they don’t even have to return your phone call. The cars sell themselves. For alexis, we had to be put on a list and wait for the call that we got to the front of the list. That actually never happened so we got one from Delaware. Full price :(
The dealers are stuck. They cannot drop the EVs much farther without being beyond red without massive company or government help plus they cannot run down the cost of their over priced used cars or new models without under cutting their EV boat anchors. Someone in the business told me, as I am considering a Lexus, wait till April 1. Reality will set in as they have new models soon to enter the pipeline. He also pointed out if you don’t want a turbo car, better step up soon.
The auto industry has been cranking out vehicles that people cant afford for the last several years. Interest rates are high enough now that buying a $50K+ vehicle is impossible for most middle class buyers..