Cars are still selling, on average, for more than the manufacturers’ sticker prices, but at least they’re closer, according to analysts. And a number of car brands are now selling for below sticker price, something that was once normal but that had become rare over the past year or more. For the first six months of this year, new car prices averaged $700 over the manufacturer’s suggested retail price, or MSRP, according to Ivan Drury, an analyst with Edmunds.com.
Some manufacturers, like Ford and Honda, have noticed customers’ willingness to deal with low inventories, higher prices, and longer wait times to get their vehicles. Executives from those companies have said they don’t plan to ever go back the days when dealer lots were filled with cars and SUVs waiting to be sold. While still tight, especially for some manufacturers like Honda, vehicle inventories are at their highest since June of 2021, according to Cox.
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Why, Biden and the Dems subsidizing cars now. Car for your votes!!!!
I hope they don't find any buyers. These car dealerships jacked up prices by as much as 30% above MSRP and ripped of buyers in every way possible (mandatory options etc.). Now it's time for them to taste their own medicine!
This inflation all falls on Obiden, fooking scumbag.
These are the electric ones that can blow up sometimes, right? I can’t wait to get me one of those. No wonder the left is on so many anti-anxiety meds. You’d be too driving around in a ticking time bomb 💣.
Yeah, just like gas prices. Oh, wait.
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