Ford hikes prices on Mexico-produced models, citing tariffs

[Mach1E]

Well that and used car prices will go up as well. That "non outrageous" price will continue as long as there are taxes (aka tariffs) in place along with supply chain shortages because of said tariffs.

We don't have to look very far back to see what can/will happen when shortages occur.

But hey, it is great to see the people with money to spare to just shrug it off as "what's another 2 thousand dollars?"

These will be fun times I am sure.

As a result of government policies during Covid there actually ARE tons of people with extra cash that can “shrug it off.”

It pretty much explains the economy for the last few years: prices went WAY up, people complained…….but still bought everything.

Why? Because of the few trillion EXTRA dollars in bank accounts.

This chart pretty much explains it:
https://fred.stlouisfed.org/series/BOGZ1FL193020005Q

It shows “US household checkable deposits.” It’s what American families have in bank accounts. And the number went up 400% since 2019.

That’s what happens when you shut everything down and at the same time print 6 trillion dollars.

So while we (as a whole) complain about prices. We rich. ?

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[Omen]

To be fair, margins on Mach Es are nonexistent. They still lose money on all of them sold.

If it weren’t for profits on their ICE vehicle sales, the electric cars wouldn’t exist.

So why do people get huge discounts on mach e, to push the loss even further? I think Ford EV loss comes from R&D...They are playing a game of catch up.

 

[CarlSagan82]

The same crowd shrugging this off and laughing are the same ones blaming everything on Covid shutdowns as a dunk on the last administration but at the same time forget who was actually president in 2020….

Also they continue to change their mind on if this is to stop drugs; bring back manufacturing, or a negotiation. Whatever fits their argument each day

 

[E90alex]

$2000 is just the baseline increase. I built my exact spec for the 2025 I have on order and it’s $2800 more.

They’ll likely make up for the money lost in other ways eg no more 0% financing rates, less factory incentives etc and spread that across the lineup.

 

[knemchak]

"Tick"? Nope, they're going to JUMP.

They already JUMPED because of the inflation from the last 4 years.

 

[DennisD]

As a result of government policies during Covid there actually ARE tons of people with extra cash that can “shrug it off.”

It pretty much explains the economy for the last few years: prices went WAY up, people complained…….but still bought everything.

Why? Because of the few trillion EXTRA dollars in bank accounts.

This chart pretty much explains it:
https://fred.stlouisfed.org/series/BOGZ1FL193020005Q

It shows “US household checkable deposits.” It’s what American families have in bank accounts. And the number went up 400% since 2019.

That’s what happens when you shut everything down and at the same time print 6 trillion dollars.

So while we (as a whole) complain about prices. We rich. ?

And just imagine how rich we could be if we started to market a bitcoin deal with our image on it?

I am sure glad the days of abuse and power are behind us.

 

[zvez]

The amusing part is that, unlike every other sales tax, this new federal sales tax will be “opaque”. We will never really know how much we are paying in federal sales tax to the “department of fantasy international revenue” (or whatever it’s called) and how much excess we will be paying for opportunistic price gouging.

I’m shocked that Marriott hasn’t figured out a way to get in on the tariffs scam yet. ???

So I'm getting the vibe that you're another one who's skeptical of this "new golden age? " ?

 

[zvez]

I agree. It is not outrageous. It is just stupid.

I wonder how long this stupidity will last? My guess is a little over 3 years but that is just a wild guess.

a bit over three years or until the orange cretin strokes out.

 

[cpw]

I ordered a GTPE on 4/30, when the MSRP was $60580. For an equivalent build and price today it is $63550. The price on my contract is $56,974 (the A-Z plan price). I checked the fine print, and it says they are not responsible for the manufacturer changing the car's specifications, but the contract does not say that the price can increase.

 

[Mach1E]

So why do people get huge discounts on mach e, to push the loss even further? I think Ford EV loss comes from R&D...They are playing a game of catch up.

Because they built them, they have to sell them.

At the end of the day the market (consumer) decides what they’re willing to pay for a car, not the manufacturer.

I would be curious to see what the “margin” is on the Mach E if they ignore all the sunk costs and just look at variable costs to manufacture, market and deliver.

 

[Mach1E]

I ordered a GTPE on 4/30, when the MSRP was $60580. For an equivalent build and price today it is $63550. The price on my contract is $56,974 (the A-Z plan price). I checked the fine print, and it says they are not responsible for the manufacturer changing the car's specifications, but the contract does not say that the price can increase.

In the days of old (2021) when it took 8 months from order to delivery, we found out that the price you pay is negotiated between you and your dealer. MSRP is exactly what it means “suggested price.”

That said, when there were price increases on ordered cars, usually the person who ordered didn’t get a price increase at delivery…… as long as you had an agreed price with your dealer when you ordered.

Other times Ford did a credit back to offset the increase.

Either way, talk to your dealer now to make sure no surprises.

 

[hypersnake]

I ordered a GTPE on 4/30, when the MSRP was $60580. For an equivalent build and price today it is $63550. The price on my contract is $56,974 (the A-Z plan price). I checked the fine print, and it says they are not responsible for the manufacturer changing the car's specifications, but the contract does not say that the price can increase.

Well apparently we as Americans are all rich since COVID and it should only be a few extra grand which should be no big deal to you, right?

 

[DarkHorseRunning]

I dunno. I paid $36K for my 2022 GTPE, but I usually look to buy cars at three years old. I’ve only bought new twice in my life (and I’m in my 50s).

 

[moog]

As a result of government policies during Covid there actually ARE tons of people with extra cash that can “shrug it off.”

It pretty much explains the economy for the last few years: prices went WAY up, people complained…….but still bought everything.

Why? Because of the few trillion EXTRA dollars in bank accounts.

This chart pretty much explains it:
https://fred.stlouisfed.org/series/BOGZ1FL193020005Q

It shows “US household checkable deposits.” It’s what American families have in bank accounts. And the number went up 400% since 2019.

That’s what happens when you shut everything down and at the same time print 6 trillion dollars.

So while we (as a whole) complain about prices. We rich. ?

Yea, nope.

Wrong chart. I think you are thinking about personal savings, not deposits.

Try this one.
https://fred.stlouisfed.org/series/PSAVERT

Personal savings is cratering!

 

[Guss-E 2021]

Insurance rates are next for an uptick due to all parts being more expensive. I’m sure these types of regressive taxes will not impact most Americans ?

Yah not much talk about the parts industry (not in the headlines at least). Everything is all about how the cost of new cars will go up. So yah that new car you can't buy and the old car ya gonna keep and just fix? Yah, that's gonna cost you more too. Good times.

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