Will we see a sudden drop in prices once the supply chain bottleneck clears?

the stock market has never had it so good, don't look there for help.

 

Impossible for anything to go back to the way it was, unless the country goes bankrupt.

 

this

 

I would challenge the conclusion you’ve drawn, that the dealer bottom line has been fantastic lately. Sure they’re making, in some cases, big profit over their invoice, but their volume is also drastically reduced. I don’t think the math adds up to a rosy picture for dealers.

 

Probably not, they still make cars and SUV's but trucks are the black sheep of the automobile industry. Now there is a race and Toyota want to show responsibility towards nature, environment, bs like that. As if cars and SUV's don't pollute...

 

I do not believe this claim.

Trucks have evolved from a basic regular cab with an 8' box powered by a V-8 farm truck into the 4 door luxury short bed rides on the road today.

Why else would the auto companies pour so much resource and features into a "black sheep of the automobile industry"?

Trucks are not black sheep.

Two door coupes are the black sheep.

 

Do you mean $30k?

 

I suspect the sticker price will remain high.

The "dealer Market Adjustment" will diminish and finally disappear.

Then the normal process of haggling on price will return.

 

I'm not an economist, but usually when prices go up they tend to stay there.....so I don't look for the prices to go back down much. If we're buying them now at inflated prices, why would they lower the cost??

 

kinda looks like both dealers and manufacturers are doing just fine.

https://global.toyota/en/company/profile/production-sales-figures/202108.html


https://www.statista.com/statistics/204342/comparison-of-us-vehicle-production/

 

They will probably normalize and go back down, not that far though.

 

The economy will balance.

Goods will continue to be purchased until the buyer can no longer afford the purchase. The demand will fall, inventory will build, prices will reduce.

As consumers, we have influence on what is too much for price by simply not purchasing the item.

My family has started to avoid purchases that we feel are too expensive. We are separating Needs vs Wants. Needs have priority.....Wants are being delayed.

Example: I Want new speakers for my truck. I Need blue jeans because all have holes or stains. The speakers are on delay. Jeans are pending availability. Who the hell decided stretch straight leg jeans are proper for men who perform physical labor???

 

Kind of reminds me of tax's. Once you have them, its very hard to get them deleted.

 

Let me clarify.

Don’t expect inventory levels to ever return to pre-covid levels. Don’t expect to ever see lots full of vehicles again. Don’t expect to see dealers built mega lots in the future.

Do expect a closer look at custom ordering and direct selling models. Do expect dealers to squeeze dollars out of each sale.

In Texas, there is going to be a very close look at laws on the books that protect dealer franchise models. Musk is going to twist Abbotts arm, hard.

This may be fantasy, but the next five years are going to be very interesting.

 

You are absolutely tripping, son. This inflation ain't transitory.

 

Well, it will absolutely help my portfolio balance if things recover and business ramps back up to pre-covid levels. Being very near retirement, I am actually kind of hoping for the FEDs to start raising interest rates here (its coming). Another sustained period of insanely high interest rates on loans would help my personal situation. Rates on low risk savings products like saving / money market accounts and CD's would also go up. A savings account or CD paying out 4% or higher would allow me to pull out of riskier stock equities and just rely on the relatively safe savings payout to cover my retirement spending. I need to average at least 4% growth per year, and I really don't care how I get that 4%. But I would much rather it be in a lower risk investment versus rolling the dice each day with stocks.

 

When everybody has money, nobody has money; sums it up pretty well.

 

Haha, my father told me the same thing this year when I told him about the price of mexican foods.

P.S. Thanks for reminding me to place my order for Christmas tamales! I need about 5 dozen....Chorizo!

 

Toyota truck pricing, particularly on the higher end models that people covet, have always been sold close to MSRP, well before any supply chain issues. If you look at the difference between the new and used market pricing, you quickly come to the conclusion that sometimes it is just easier to get value out of a new purchase. That says volumes about Toyota Tacoma. It is also the reason that many people have no issues with paying close to (or even over?) MSRP for those same 4x4s usually over $35K. Do not get me started about paying $10K-20K over MSRP for a Ford Bronco--which is pure silliness. It will be interesting to see what happens in 2024-25 with the redesign and motor changes.

 

I want the maternity jeans with the stretchy spandex belly panel, but for guys. They look comfy.