Automakers Are Raising Prices Even Though Customers Can't Afford Their Cars | Episode 916
About this episode
Automakers are raising vehicle prices despite a significant portion of the population feeling they can't afford new cars. The hosts discuss recent sales data showing surprising resilience in the market, particularly among higher-end buyers. They explore the widening gap between affluent consumers and those struggling financially, noting that manufacturers are increasingly catering to wealthier customers while neglecting entry-level options. The episode also touches on the implications of electric vehicle production cuts and the overall state of the automotive market.
Lincoln Navigator
"...s also increasing the price of the kicks. Lincoln Navigator, however, Dad, year-over-year getting a price dec..."
Dodge Charger
"year-over-year getting a price decline. The Dodge Charger EV getting a price increase as well. The Daytona ..."
Chevrolet Equinox
"...vehicles. Chevy increased in the pricing of their Equinox EV. There are many, many, many vehicles, Dad."
Hyundai Genesis
"...teresting to see here. Ford sales are up, Hyundai Genesis sales are up, Kia sales were up, Mazda sales were..."
Mazda Cx50
"where they have intentionally increased the vehicles for sale in the range of the CX-50, CX-70 and CX-90, because well, those have greater profit margins"
Mazda Cx70
"where they have intentionally increased the vehicles for sale in the range of the CX-50, CX-70 and CX-90, because well, those have greater profit margins"
Mazda Cx90
"where they have intentionally increased the vehicles for sale in the range of the CX-50, CX-70 and CX-90, because well, those have greater profit margins"
Mazda Cx30
"Evidently, Pops, you've got your lease but you obviously chose a Mazda CX-30. You're leasing it, it's under $350 a month"
Nissan XTerra
"... I say, my Mazda CX-30 is basically like a Nissan XTERRA in the sense that it's got everything I need"
Tesla Model Y
"...ion 410,244 vehicles, inventory low and depleting Model Y L sold out for September long range, maybe sold o..."
Tesla Cybertruck
"...ehicles and really poorly obviously with like the Cybertruck drones. The Cybertruck, yeah, the Cybertruck did ..."
Hyundai Ioniq 5
"...ing now, I put in Hyundai new, $55,900 MSRP on an IONIQ 5. It's the limited trim."
Hyundai Elantra
"...ugh, so here's a good moment, an SCL trim Hyundai Elantra with a $25,000 MSRP, let's keep scrolling down, $..."
Ford Escape
"...nsive, $47,000 not that expensive, $32,000 for an escape, that's a great price, Maverick at under 40."
Ford Maverick
"$32,000 for an escape, that's a great price, Maverick at under 40. I mean, Dad, these prices actually"
Toyota Tacoma
"...apped up negotiating out the door price on Toyota Tacoma Limited at $52,000, which is basically the invoic..."
Nissan Pulsar
"I don't know if you saw this. Now, Pulsar takes $739 million hit on Dauer Outlook for elect..."
Gmc Hummer
"... General Motors, their stopping production of the GMC Hummer EV in Cadillac Escalade IQ."
Cadillac Escalade
"...pping production of the GMC Hummer EV in Cadillac Escalade IQ. Wow."
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