wemay
Site Donor 2023
As....does everyone.
So I've want to buy a $60K electric Kia...
- Thread starter Ws6
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It's called business 101, sales are good raise the prices, sales drop off, lower them. Regarding Kia, I was replying to a comment about Kia in this thread.As....does everyone.
wemay
Site Donor 2023
I understandIt's called business 101, sales are good raise the prices, sales drop off, lower them. Regarding Kia, I was replying to a comment about Kia in this thread.
. No company selling well is exempt from raising prices. Just part of the game.
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Economics teaches us prices will tend to rise until sales are affected to an unacceptable level.It's called business 101, sales are good raise the prices, sales drop off, lower them. Regarding Kia, I was replying to a comment about Kia in this thread.
And when sales start to fall, competition heats, up or sometimes if they are anticipated to fall for other reasons, they'll drop prices.
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And then the gov't steps in and tosses economics out the window
Agreed, competitors will enter a market when prices are high, driven by real or percieved opportunity. More so if they believe they have a technical advantage of some kind.
Competition, or viable alternatives, will drive down prices. This can hurt any given competitor if they cannot compete on price or viable product.
If a competitor, in a given market, can reduce prices and still be profitable, this puts pressure on others who cannot do so. They may be forced to leave that market.
Nah, the economics are that EVs can be WAY more profitable for the automakers.
Companies like Ford were alleging this publicly years ago. And Tesla has now proven its actually true.
ICE is simply too complicated and labor intensive to match EVs (in many cases)
Tesla builds a Model Y with 10 hrs labor. VW needs 18 hours with a gas/diesel Tiguan.
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Lets not forget fear and greed can be big market movers too. Greed across the board drove housing and auto prices to name a few things through the roof. That's slowly coming to an end. I feel bad for the people who bought at the height of the insanity. But not to start a problem, some might have had no choice.
Sure. In a market economy, something is worth what someone will pay for it. Regarding cars, dealerships are not your friend.
Is it a good deal or greed? Kinda depends on which side of the deal you are on. Like you say, sometimes a buyer is up against the wall and has to pay. Likewise sellers can get stuck too.
That is true but at the same time diesel is just so hellaciously expensive and going BMW is already spending EV money.
For me I'm surprised how much I still enjoy driving the GTI. It's going no where for a long time. For a premium priced small car it's very economical to operate and a blast to drive and a lot more luxurious that I thought it would be. It's sad that outside of VW and a few other options they really don't exist anymore. I feel like for me where I'm usually the only one in the car that it's perfect for longer commutes, yet I can fit the whole family if need be.
yeah you are paying ev money, and in the long run the only advantage you may have is no charge wait. if you don't live in the rust belt and can fix the bmw yourself you could get a nice used one and It would probably last as long as the ev. but that's more work
All good points for sure. I'm definitely in the wrong area to fight rust.
True except for one thing...most people don't want EVs...
Quite possibly. But the car makers exists to make money. A spectacular way to make money in the auto industry is to switch to making EVs. That means getting rid of 30% of all your factory workers (and possibly a similar percentage of engineers), then sell EVs for even more money that you were selling your ICE products for.
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But there's plenty of us who do.
edyvw
$50 site donor 2025
Absolutely.
Here is the thing, someone then will make ICE bcs. there are a lot if people who will want it. BMW said they are keeping ICE until 2050 at least.
The market will set the price for EVs and for the drivetrain type. Of course there will be influences, but that is true of everything.
In order to make money, car companies need to offer what people want. The EV market isn't big enough (and won't be for a long time) for car companies to quit making ICE vehicles...
