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smk4565

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Everything posted by smk4565

  1. smk4565
    Either Renegade and Compass are stealing the Cherokee's thunder or the Cherokee is massively outclassed by the Rav4, CRV and Equinox, maybe both. I am surprised they still sell that many Chargers, even if a lot are fleet sales, 9,000 a month is still a lot for an old dated car, the Impala, Avalon and Taurus combined are probably selling that many.
  2. smk4565
    Good thing they haven't updated it since 1995, sales are on fire!
  3. smk4565
    The average household income for an S-class buyer is $325,000 a year ($371,000 according to Motor Trend 2013), $375,000 for an E-class wagon buyer and about $200,000 a year for E-class sedan buyer. And I found some numbers from 2012, average Silverado buyer had household income of $64,000 and $72,000 for the F150. The average full size pick up could easily be over $40k, so you are talking 2/3 the price of the truck is their annual salary. And on the HD and Super Duty with higher price that would go up even more.
  4. smk4565
    I think in general a pick up truck buyer will over extend themselves to buy a truck more so than a luxury car buyer will. I would guess the 6-7 year loan is more common on pickups than luxury cars and the average home value of a pick up buyer way lower than a luxury car buyer and a big income difference. I am sure there are some that will spend more on a top end truck but I imagine 99% of F150 owners aren't going to trade up to a $85,000 truck it will be way out of their range. And these trucks still have solid rear axels, top speed of 110 mph, there isn't much engineering that needed done like there is on the big luxury sedans.
  5. smk4565
    Agreed. I think the question is how much will truck buyers willing to spend and what do they want.
  6. smk4565
    The crossovers are going nuts and I wonder if Buick will still make a sedan in 2020. The Regal and Lacrosse are around 1,000 a month and they sold 27,000 Equinox. And the RAV4 sold 42,000 so you can argue the Equinox and Terrain have more room for growth.
  7. smk4565
    The GLE and GLS and G-wagon which in in their final model year are still going up, and the AMG GT, SL and SLC sold about 500 cars combined which is sort of sad that sports cars are dying. At least the SL will survive for another generation.
  8. smk4565
    Alfa sales are still crap but Sergio will get paid by selling pieces of the company to make money. So that is what he is going to try to do.
  9. smk4565
    But it is a crossover therefor it sells. Although 3,000 a month isn't much by Toyota standards. 42,000 RAV4 is nuts. And the new Camry is up too. Toyota is smart they make like 5 vehicles and sell a ton of them.
  10. smk4565
    Sergio must love seeing Alfa up 3000% while Dodge and Chrysler tank. Makes it easy to divert all resources to Alfa and shut down the sinking brands and then sell Alfa and Jeep as separate pieces and take a huge golden parachute.
  11. smk4565
    Ford should build an F350 Lightning Raptor King Ranch Titanium Platinum Black Label and sell it for $149,999. Can't have too many trim levels of the same truck.
  12. smk4565
    Very good point. And it is because you can only dress up a work truck F150 so much. The vehicle isn't designed in the first place with all that in mind. This is one reason the Escalade doesn't have a panoramic glass roof, while Range Rover and Mercedes GLS do.
  13. smk4565
    Lincolns make a good used car buy, the first owner was likely 70 and kept it in a garage 3 days a week, and what was $40,000 new is $13,000 after 4 years.
  14. smk4565
    I don't think Fuel Cells are going to catch on, car companies have tried it for 10 years now, no one wants it. Good to see them planning a lot of EV's, I don't think the Bolt's shape or a Cadillac wagon is the way to go, but if they build sedans and crossovers those will sell.
  15. smk4565
    There are probably a slew of Verano, Focus, Fusion, Malibu, Cruze for under $12k that are less than 5 years old. I saw 2012 Lincolns for $12k, so I am sure there are 2013 Buick and Chevy's for that price.
  16. smk4565
    I bought mine after depreciation hit it, and Mercedes as a brand is better than industry avg on depreciation. Chrysler is among the worst. And my original statement of $20k after 2 years is going to be right, there are 1 year old Pacificas selling for $24k right now.
  17. smk4565
    There are probably 2015 Regals out there for under $14k, but I didn't look. I still like a Subaru in this scenario, but I think an all wheel drive car makes more sense than a crossover, unless you really need a crossover. Because something like a 2015 Regal will cost less than a 2013 SUV to buy, and cost less to put gas in.
  18. smk4565
    I guess GM should stop selling Escalades, CTS-Vs, and CT6's since they will just depreciate $50,000+ in 5 years. Maybe companies should stop selling luxury cars all together.
  19. smk4565
    But the person buying an S-class new doesn't care. You have CEO's and pro athletes and lawyers buying them that don't care about $60k.
  20. smk4565
    That is a pretty good deal considering it is a Sport model and is more of an up level trim it looks like. Not sure if it is better than a 2015 Fusion Titanium for $5,000 less, maybe it is practically new and 40% off msrp
  21. smk4565
    S-class as a percentage should hold value better than a Pacifica. Large sedans in general lose value fast though, minivans can do better since there are only a few to choose from and there are families that can't afford a new one. If all 38 or so brands were listed in resale value I imagine FCA would have at least 5 of the bottom 10.
  22. smk4565
    Porsche holds value like crazy, they are an exception to the high dollar cars holding value. People buy cars now mostly because they have to, and there is a desire to have the best or out do your neighbor or buy a fun or exciting car. There will still be people that buy a Corvette because they want a sports car. But for people that are just buying commuter cars, the drones will probably be way cheaper. Why sit in traffic when a vertical takeoff drone can take you to where you want to go in half the time.
  23. smk4565
    Wranglers hold value, maybe Grand Cherokees, I think Compasses and Renegages will drop faster, but the Jeep brand has appeal so it keeps resale doing fairly well. Any expensive car drops in value, unless it is a collectable, because the super rich get a new one every 2 years and the other 99% can't afford those cars. But I think cost of car ownership is a big reason why these flying drones and self driving cars will replace about half the cars on the road in 15 years. People will just quit buying cars because there will be a cheaper, faster way to get around.
  24. smk4565
    Either way, the Pacifica will probably tank in value just like every other FCA product. So pay $47k now, and in 3 years time, over half that will be gone. There are 2017 Pacifica Touring-L's on Auto trader right now for $24-25,000 and the MSRP new without options is $34,495. That is $10,000 lost in 1 year, so I don't think it crazy for me to think a Hybrid will drop down to $20k in 3 years.
  25. smk4565
    So don't buy a Honda from that era. Regardless, Odyessy's have good resale value, while Chrysler products do not.
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