REVscene Automotive Forum - View Single Post - ...So when IS the automobile market going to recover?

white rocket · 02-04-2022, 09:59 AM

Third or fourth quarter of 2023 is what most are saying at the dealership fleet department level. We are in the thick of it now so it'll be a slow trickle for another year and a bit with steady improvement as we move forward. All hearsay I suppose but that's what people are saying.

Another factor is manufacturers building lower trim levels so they can concentrate on volume. This might speak to Hondaracer's uncle. The more options it has, the more chips needed. I tried to order a new Escalade 3.0 diesel top trim and they said a 2 year wait minimum; but ordering a base model with the gas motor and it's a 6 month wait. Same with Ford trucks. I have a couple 2022 F150 Lightnings are order and they had to be XLT trims to qualify for fleet. The Lariat and Platinum trims are reserve for those blowing Ford Corp higher ups.

EvoFire is bang on too. Zero discounts, refusing to sell for cash and forcing people to finance, asking 20% over MSRP for 1 to 2 year old vehicles; it's all so crazy. It makes more sense to buy new at sticker price then to entertain a 2021 or 2020 pre-owned in this market. But then you have to wait months since there is no stock and everything sitting is for someone who has been waiting.

So this begs the big question; when is the ball going to drop? More gradual as supply increases perhaps? I'm wonder what the 2008 financial crisis will be this time around. Something is coming, but what? And when? A bit more of a broad topic than just the auto industry but worth a discussion in here I feel.

02-04-2022, 09:59 AM	#24
white rocket I heart Revscene.net very Muchie Join Date: Apr 2006 Location: 3rdrckfrmthesn Posts: 3,701 Thanked 3,899 Times in 1,380 Posts Failed 42 Times in 24 Posts	Third or fourth quarter of 2023 is what most are saying at the dealership fleet department level. We are in the thick of it now so it'll be a slow trickle for another year and a bit with steady improvement as we move forward. All hearsay I suppose but that's what people are saying. Another factor is manufacturers building lower trim levels so they can concentrate on volume. This might speak to Hondaracer's uncle. The more options it has, the more chips needed. I tried to order a new Escalade 3.0 diesel top trim and they said a 2 year wait minimum; but ordering a base model with the gas motor and it's a 6 month wait. Same with Ford trucks. I have a couple 2022 F150 Lightnings are order and they had to be XLT trims to qualify for fleet. The Lariat and Platinum trims are reserve for those blowing Ford Corp higher ups. EvoFire is bang on too. Zero discounts, refusing to sell for cash and forcing people to finance, asking 20% over MSRP for 1 to 2 year old vehicles; it's all so crazy. It makes more sense to buy new at sticker price then to entertain a 2021 or 2020 pre-owned in this market. But then you have to wait months since there is no stock and everything sitting is for someone who has been waiting. So this begs the big question; when is the ball going to drop? More gradual as supply increases perhaps? I'm wonder what the 2008 financial crisis will be this time around. Something is coming, but what? And when? A bit more of a broad topic than just the auto industry but worth a discussion in here I feel.