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Disclaimer: I work for GM, my opinions are my own. Generally automakers update their suggested retail price yearly - but remember Tesla uses a completely diffe
by csours 7y ago
Disclaimer: I work for GM, my opinions are my own.
Generally automakers update their suggested retail price yearly - but remember Tesla uses a completely different sales paradigm. Most OEMs don't sell directly to customers, they sell to dealerships. For many reasons, dealerships may choose to sell below suggested price, or above! OEMs may offer a "factory rebate" or special financing to lower prices, but I don't know of any general practice whereby a manufacturer raises prices in the middle of the year (other than removing incentives, which would effectively raise prices)
- sixQuarks 7y agoI work with automotive data and I assure you there are many manufacturers that raise msrp prices throughout the year, sometimes multiple times on the same model.
- gamblor956 7y agoCitation or proof needed for a claim like that. Since you work with the data directly it should be really easy to back up your claim.
- sixQuarks 7y agoJust do a google search on any manufacturer like “ford raises msrp on”, here’s the first link for this example: https://www.autoblog.com/2018/06/17/2018-ford-f-150-svt-raptor-price-increase/ https://www.autoblog.com/2018/06/17/2018-ford-f-150-svt-rapt...
- gamblor956 7y agoNot even remotely the same thing. Ford raised the price on the most popular truck model in America to make additional profits before the next model year came out in a few months. I quote the article itself: "When you have a winner, take advantage of it. That's clearly the motto at Ford with the F-150 SVT Raptor." Tesla raised prices as an act of desperation because it needed every dollar it could get from people still willing to buy Teslas, which based on their quarterly sales and drop in production in Q2, suggests is not sufficient to keep the lights on much past the end of 2019.
- sixQuarks 7y agowow, doing some mental gymnastics there are we? First, it doesn't matter why prices were raised, I was simply refuting the statement that other manufacturers don't raise prices mid-year. That's exactly what I proved. Secondly, there are dozens of examples of manufacturers raising or lowering prices, it's not just on popular vehicles. This article proves MSRP prices change all the time, You can downvote me all you want, facts are facts https://www.carsdirect.com/car-pricing/when-msrp-prices-change-what-to-know-what-to-ask https://www.carsdirect.com/car-pricing/when-msrp-prices-chan...
- jsight 7y agoI don't understand the downvotes. Your point is valid, regardless of what people want to read into the reasons behind the price changes.
- sixQuarks 7y agoGamblor956 is the only one downvoting, he obviously has a bias against Tesla.
- deleted 7y ago[deleted]
- gamblor956 7y agoYou can't downvote replies to your own comments on HN, so it's not me.
- sixQuarks 7y agoIf that’s the case, then I apologize. It seemed like you were the one downvoting since I would get downvoted right after you replied.
- dang 7y agoPersonal attacks will get you banned here. Please don't post like this to HN. Also, please follow the guidelines and refrain from commenting about downvotes. "It never does any good, and it makes boring reading." https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- csours 7y agoThats fair. I still think that the bigger difference comes from not having dealerships and "factory incentives"
- sixQuarks 7y agoOf course. There are all sorts of hidden dealer kickbacks, I’ve seen upwards of $10,000 on some slow selling models