Big Ford EV Announcement Coming Aug 11th

[SC Maintenance]

I think I remember the very base was that price because I looked it up at the time. They are not going to lie about that, but it is in the technicalities. No options and maybe not including shipping. Dealers marked everything up, but Ford doesn’t get that markup. I’m probably done for life looking at cars but the markups were crazy at some dealers. The buyers lost a lot of money on add ons they won’t get back ever.

They can advertise any msrp they want if they just never build any. I thought there was a guy here but maybe it was a different forum, I read a few, that had put a deposit and waited months and months and they kept offering him higher trims and so on. I do think he eventually got it. But it was like a year later.

They can advertise anything they want - if they don't build any or only a few they did nothing illegal. Honda outright admitted in a earnings conference call during the same period they were only building higher end trims - bragging about it to their investors.

In most cases most people do not want the base trim, so its just sort of a impression / loss leader type of marketing tool.

 

[4WD]

OMG ... Yes I know, I too have cut out watching and reading too much news. It makes life seem miserable and yet we are living in the best of times.
You used to have a 30 minute night time news on TV and a daily newspaper. What happened yesterday was just about forgot the following day.

Now with the internet, news is 24 hours a day, every second of the day, tied to everyone on their cell phone, every miserable thing going on you click on and it never goes away, ends up in social media. I think sometimes it will be the downfall of a civilized world. Then again, I think too much.

I have adapted to “tile surfing” on the internet - study the titles - consider the source - motives/narratives in mind - decide if it’s worth a look … (click)

 

[alarmguy]

Advertised base at the time of announcement was 20k. Whether you could get one well ...
https://www.popularmechanics.com/cars/trucks/a36664434/ford-maverick-pickup-launch/

So here we are 3 years later and the base price is up just about $10,000 33% increase!... oh well and at that price it can tow a whole 1,500 lbs. Nuts ... but the public pays it.
Much the same as the Hyundai Santa Cruz, same price range and if you want to tow 5000 lbs the price jumps to over $40,000 ... insane.
Call me crazy but the insanity of vehicle prices are nuts and I can tell you why. Same as college money.
People will to take out massive loans on both, simple math, if the money if there and the people will take on big finance the company will gladly take your money/price will go up. Filled with over priced luxury. Something has to give, sometimes a reset in our economy isn't a bad thing vs the voluntary servitude that people take on.

I guess I was born at a different time, it's just insane to take out a car loan for more than 3 or 4 years tops. The end is coming. People have now traded negative equity vehicles many times already, adding to the loan each time... I dont know but at some point they will be too negative.

 

[SC Maintenance]

Advertised base at the time of announcement was 20k. Whether you could get one well ...
https://www.popularmechanics.com/cars/trucks/a36664434/ford-maverick-pickup-launch/

So here we are 3 years later and the base price is up just about $10,000 33% increase!... oh well and at that price it can tow a whole 1,500 lbs. Nuts ... but the public pays it.
Much the same as the Hyundai Santa Cruz, same price range and if you want to tow 5000 lbs the price jumps to over $40,000 ... insane.
Call me crazy but the insanity of vehicle prices are nuts and I can tell you why. Same as college money.
People will to take out massive loans on both, simple math, if the money if there and the people will take on big finance the company will gladly take your money/price will go up. Filled with over priced luxury. Something has to give, sometimes a reset in our economy isn't a bad thing vs the voluntary servitude that people take on.

I guess I was born at a different time, it's just insane to take out a car loan for more than 3 or 4 years tops. The end is coming. People have now traded negative equity vehicles many times already, adding to the loan each time... I dont know but at some point they will be too negative.

I think we confirmed the craziness of college pricing in the other thread.

However vehicle pricing tells a different story - they have more or less kept up with inflation.

Trying to keep somewhat like vehicles - because trends and models have changed.

1971 a Ford Torino was $3895 - CPI adjusted $31,615

1980 a Buick Regal was $8K. CPI adjusted makes it $33K.

2000 a Buick Regal was 19,995. CPI adjusted makes it $38,275

In 2019 Lexus ES (closest example I think to Regal?) was $29,967. CPI Adjusted is $38,459

Source: https://finance.yahoo.com/news/average-car-cost-were-born-130001087.html

Lexus ES current list is slightly over $43K.

So yes, maybe a little faster than inflation. But I am pretty sure new Lexus ES will last twice as long as old Ford Torino - 100K on engine, non galvanized body panels means will rust even here. Proof being average vehicle age on road continues to climb year after year.

 

[alarmguy]

I think we confirmed the craziness of college pricing in the other thread.

However vehicle pricing tells a different story - they have more or less kept up with inflation.

Trying to keep somewhat like vehicles - because trends and models have changed.

1971 a Ford Torino was $3895 - CPI adjusted $31,615

1980 a Buick Regal was $8K. CPI adjusted makes it $33K.

2000 a Buick Regal was 19,995. CPI adjusted makes it $38,275

In 2019 Lexus ES (closest example I think to Regal?) was $29,967. CPI Adjusted is $38,459

Source: https://finance.yahoo.com/news/average-car-cost-were-born-130001087.html

Lexus ES current list is slightly over $43K.

So yes, maybe a little faster than inflation. But I am pretty sure new Lexus ES will last twice as long as old Ford Torino - 100K on engine, non galvanized body panels means will rust even here. Proof being average vehicle age on road continues to climb year after year.

Yeah but in the context of things the Ford Maverick base price went up 33% in 3 years
Modern electronics and manufacturing in other fields have lowered the price of products. Look at the price of TVs, radios etc.

I think that shows right now in vehicles. They are loaded with options whether you want them or not. So with all those options, cars with creature comforts never imagined in the years you provided are now standard equipment.

https://www.in2013dollars.com/New-cars/price-inflation/1972-to-2025?amount=3500

Ps I get what you are saying though but the fact is cars do not have to be so expensive, however people choose to borrow more than ever for options and extras they do not need. Dealers can stock the cheapest of cheap but people will always borrow a little more for those extras and looks.

 

[SC Maintenance]

Yeah but in the context of things the Ford Maverick base price went up 33% in 3 years
Modern electronics and manufacturing in other fields have lowered the price of products. Look at the price of TVs, radios etc.

I think that shows right now in vehicles. They are loaded with options whether you want them or not. So with all those options, cars with creature comforts never imagined in the years you provided are now standard equipment.

https://www.in2013dollars.com/New-cars/price-inflation/1972-to-2025?amount=3500

Ps I get what you are saying though but the fact is cars do not have to be so expensive, however people choose to borrow more than ever for options and extras they do not need. Dealers can stock the cheapest of cheap but people will always borrow a little more for those extras and looks.

Yes, I hear what your saying - but CPI went up 20+% since the Maverick announcement so really call the increase 13% max. Then that very low level trim originally which they never really built anyway no longer exists, and I don't think they ever planned for it to exist - it was marketing.

Also, the link you posted is fake news. Not blaming you - just don't trust the internet. Its not 11K today, its 27.5K.

 

[alarmguy]

@SC Maintenance
Im am outlier. I dont want half the crap that there is in a truck but have no choice. All I want is a 5000+ tow rating. The only way I will do that as long as I own a boat is the resale market with something possibly still under factory warranty.
The extras are "fun" but they are distracting like in my wife's 25 EQUINOX, THEN AGAIN, you get spoiled not having to have your foot on the brake at traffic lights, heck you dont even have to step on the brakes using cruise control (though I do at the last 20 MPH because I still dont trust it)
Same thing if you're going to back into something, the brakes will apply by themselves. Also you dont have to worry about running off the side of the road as it will self correct.
Never mind the 360 degree camera for parking. Oh let's not forget self (assisted) parallel parking that we never used.

With all that said how long will all this crap last? I have no clue, it does spoil you. Then again, when I simply want to turn on the extra fog lights I have to go through a menu. Granted though there are still a lot of physical controls. Oh and let's not forget the rear view mirror and its setting to use the camera instead of the mirror function. The mirror turns into the camera screen.

Call me nuts. but I got a "basic" ha ha what ever that means 2017 Traverse with the 5100 tow rating, only thing I would change on that truck is to have the self braking cruise. During the height of covid, with no one in the showrooms.
I picked that truck up 3 years old, 24,000 miles, GM certified warranty crap for 21k Impeccable condition ... already those days are gone.