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MP4VT2004
Joined: 09/09/2007
Posts: 24,522
Likes: 26,027
MP4VT2004

Agreed, it really feels like manufacturers are subsidizing EV production...

...production costs by jacking up the price tag on all of their non-EV offerings. And the consumer is part of the problem...up until recently, people were paying those ridiculous prices. This weekend I was talking about vehicle prices with a like-minded extended family member - we both own multiple older vehicles that we maintain mostly by ourselves, and we were joking about how we are gluttons for punishment, because we spend all of our time repairing vehicles. However, we both acknowledged that one of the main reasons we do that is because it is a huge financial "win" over the long haul. In my entire lifetime, I have purchased 4 vehicles, and I still own all of them to this day. Their combined purchase price is less than the cost of some trucks featured in the video in Bay Area's post. Crazy. I will continue driving my older vehicles for as long as I can get parts. No way am I going to pay the price for the modern crap that isn't made to be reliable and that I can't repair myself when it breaks down.
Posted: 12/31/2024 at 08:39 AM ET
(In response to this post by EDGEMAN)

Thread Replies (39)

Full Thread →
Car industry feels like it is about to tank
MrBayAreaHokie • 12/31/24 07:10 AM ET
Car industry is awful. What I don't get is dealerships....
ModerateHokie • 12/31/24 10:16 AM ET
The # of ICE OEM's will drop by 50%. China wisely pivoted to EV, dominate
Fatman • 12/31/24 10:03 AM ET
I saw a Chinese version of something like a Rivian on youtube
MrBayAreaHokie • 12/31/24 10:41 AM ET
I've done business in China for over 20 years. If you're judging a Chinese
MCL3 Hokie • 12/31/24 10:33 AM ET
The China economy has problems of their own- the 50 year plan?
turkeywinghokie • 12/31/24 04:55 PM ET
They drove my old employer out of China, by subsidizing state competition
WestyHokie • 12/31/24 02:03 PM ET
Agree 100%. Outcome will still be the same.
Fatman • 12/31/24 11:27 AM ET
Lol. Governments have always been lousy venture capitalists. **
RoswellGAHokie • 12/31/24 10:32 AM ET
Simple question: what type of energy does the US have in abundance?
EDGEMAN • 12/31/24 10:07 AM ET
Disagree. US invented the very solar tech that China produces
Fatman • 12/31/24 10:31 AM ET
What we lack is
RTFC • 12/31/24 12:45 PM ET
There is little to no natural demand for solar panels or EVs without
RoswellGAHokie • 12/31/24 10:50 AM ET
That’s not a true statement. Not at all.
Fatman • 12/31/24 11:31 AM ET
Please enlighten us on the percentage of solar panels made in America?
EDGEMAN • 12/31/24 10:49 AM ET
China is producing the solar panels invented in the US bc we choose not to
Fatman • 12/31/24 11:46 AM ET
Mandated labor cost. No judgement. Just fact.**
RTFC • 12/31/24 12:47 PM ET
They've priced a large % of the middle class out of the new car market
HokieNoVA • 12/31/24 09:52 AM ET
I was at Tysons Galleria the other day and a 2 door Bently was on display
TheNuke • 12/31/24 09:36 AM ET
That's a price only a politician can afford...lol**
EDGEMAN • 12/31/24 09:40 AM ET
I'll be buying a car this year. Daughter is getting her license next month
HokieGator • 12/31/24 09:25 AM ET
Truck prices are insane, mine had
HortHokie • 12/31/24 11:06 AM ET
Ugh. I know. There was a used RAM I found in 2020 ( I think) that was
HokieGator • 12/31/24 11:23 AM ET
The free money reckoning is already here. **
RoswellGAHokie • 12/31/24 09:17 AM ET
People are keeping cars longer and buying used
HokieJamie • 12/31/24 09:00 AM ET
What’s the play? STLA has a PE of 2.87. GM has a PE of 5.73. Are you still
dolph • 12/31/24 08:39 AM ET
Those PEs might be listed as “NA” soon 🤣🤪😂
MrBayAreaHokie • 12/31/24 09:18 AM ET
They need money to fund their switchover to EVs...
EDGEMAN • 12/31/24 07:13 AM ET
Tesla dealer near me has no more room for inventory. I was driving by
Tuckahokie • 12/31/24 08:50 AM ET
Tesla is a special case
Hokie Chris • 12/31/24 10:59 AM ET
There have also been 7-8 Tesla trucks parked in a lot on Mayland Dr. for...
MP4VT2004 • 12/31/24 09:03 AM ET
People who bought the truck also bought Laser Discs in the 1980s.
Spud • 12/31/24 09:39 AM ET
Agreed, it really feels like manufacturers are subsidizing EV production... ◄
MP4VT2004 • 12/31/24 08:39 AM ET
I remember the prices Jeep was charging for their new pickup (Gladiator)
EDGEMAN • 12/31/24 09:39 AM ET
Calling that thing a pickup is being awfully generous.**
HokieNoVA • 12/31/24 09:56 AM ET
think about a new grad- an average new car may = salary **
bigbadbird • 12/31/24 08:59 AM ET
Yep. Tack on massive college debt and a mortgage for an overpriced home...
MP4VT2004 • 12/31/24 09:05 AM ET
one of mine asked if they could have a new car when they graduate- yeah
bigbadbird • 12/31/24 09:39 AM ET
Make sure they know they have to insure it too.
EDGEMAN • 12/31/24 09:44 AM ET
i have tried to explain it- that an older car is much easier
bigbadbird • 12/31/24 10:29 AM ET