Could Falling Economy and Higher Rates

Force Toyota to sell base SR at $27,000 or lower? Stranger things have happened when world economies collapse. Like what's happening to China's economy right now. Best to hold your powder on 2024 Tacoma and wait for listing prices to bottom next year.

 

@NoOffRoad4Me daily post brought to you by Chicken Little, where the sky is falling every day.

 

Is there a shortage on Ritalin?

 

Good morning Friday!

So you're saying "buy high and sell low", right? Everyone on this site is a financial genius.

It would be anyone's guess as 75% of this website is educated and (mostly) uneducated guesses. Toyota will sell every truck they build, can AND will charge what ever they want. Yeah.

 

I doubt it, I think Toyota is waiting to announce pricing so they can be close to the economic conditions and still make their desired profit from each truck sales. What ever the price is it will only go up. I'm not sure if China's economy is as bad as it's portrayed in the US. I don't look at the markets over there, I know recently the word is their economy isn't doing well, but what can you believe?

 

I agree- they are waiting to see where the economic winds are blowing….
Too high and they could lose market share, too low and they leave money on the table…..

 

Bottom line - 2024 is projecting a slow down in new vehicle sales. Will that equate to the 2024 Tacoma. Don't know. But I'm afraid our Sticker Mark Up friends that post here will be very disappointed when dealers actually offer new Tacomas at list price. Good for buyers but not Tacoma World Price Pumpers.

 

This price pumper would be elated if 24’s were selling for MSRP in 2024. But my money is on the same trickle of supply, 3-6 month waits, buying sight unseen, and dealer markups at least the first model year.

 

2024 is still a long ways off so who knows which way the U.S. economy goes six - eight months from now. Even in a declining economy/recession the new Tacoma will sell. Question is will it sell well and at what price? There is a lot of competition out there right now in mid-size truck land, and as we all know MSRP plays a roll in someone buying or walking away. I do think it safe to say that 2024 is going to be a lot different than 2022 and 2023 when it comes to all around vehicle sales. As in 2024 is going to see a drop in vehicles sales across the board versus the last few years. Already happening in used car land.

 

Surprisingly cogent, though disagree.

 

@NoOffRoad4Me and his magic crystal ball and expert financial analysis from his basement with a tin foil hat

 

prices gonna dip

 

Toyota has to be careful not lose too much market share- the is an economy of scale in producing vehicles that begins to fade as volume decreases- which, when they raise prices, results in yet lower volume and more loss of economy of scale. It is a delicate balanced cycle for any manufacturer. If Toyota goes too high, many people will buy it anyway, but many others will defect to other brands tempting them with lower cost products. This will result again in lower market share and loss of economy of scale- remember they have to pay for all the R&D to develop these new products. The net result is that the tacoma in a lower sales volume scenario would have a larger share of R&D payback on each vehicle and higher parts costs due to lower volume produced. Toyota does produce a huge number of parts and to be sure they drive a hard bargain. Their suppliers still price contracts on volume - it is an insidious cycle… this is the inherent danger of pricing too high….
I do not envy those whose responsibility it is to decide the new tacoma pricing.

 

CNBC and other sources have been trying to push this "recession is incoming!" narrative for the past 2 years now.
We got close, but I really think we've recovered some and it's just hype trying to be generated for those who would profit from a downturn.

 

You got a spare pair of those rose tinted glasses, brother?

Cost of living is out of control if you live in a high immigration state. Maybe its a bit better safer going up in Montana.