- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
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If they can’t sell it, then they’ll lower prices and people will be able to buy them.
I doubt the profits are so hard to come up with considering the wild CEO pay and record profits everyone’s bragging about.
Yeah lol… Why curb supply to artificially keep prices high? Sounds like a antitrust issue.
We can keep producing mass amounts of EV’s; we’ll just store them all in caves in middle America.
It’ll be like government cheese all over again!
I’ll take some of that government EV. Maybe fill it with government cheese too while they’re at it.
EV inventory is still moving fine. Tesla is sitting on a 16 day inventory while most legacy automakers are minimum a month… on ICE vehicles. Legacy auto isn’t producing enough EVs for them to stack up. They are losing boat loads of money per EV they make and will continue doing so until they hit scale from mass production… which won’t be anytime soon since they are all pulling back on production.
Just bought an EV from a local dealer. Went in on Saturday because they had a 2 month used listing on their website for about 10k under MSRP. They told me, oh no that sold, but please check out the new cars. I entertained them and told them they’d need to bring down the price 10k to get me to sign because it’s simply out of my price range. They also mentioned these things (ioniq 6) are selling extremely quickly and they only have a few on the lot.
They insisted and played games for a week, with offers OVER msrp, so I let them waste their time. They pushed me to come in, so as I was about to sign, I told them, actually, no. I need an offer 10k under MSRP or I’m leaving. At this point that was a 15k cut. They’ve now wasted a week of negotiation and suddenly found the used one I originally requested, but it was at their off-site lot.
We drove over there, and it was a large 5 story parking deckcompletely filled to the top. They even had cars parked in front of cars. They tried one last game and made me wait for 3 hours to get it out.
All that is to say, let the fuckers bleed. If they can’t afford Christmas, maybe they need to learn what the fuck capitalism really means. If they can’t afford new years, it’s time to make a new resolution and if they can’t afford spring break, it’s time to find a new job.
That’s straight up bait-and-switch! Good on you to hold them to the original advertisement.
they need to learn what the fuck capitalism really means.
Eventually, they’ll move inventory to other dealerships (and the scrapheap), fire-sale the rest, cover their losses, and make room for new models. Dealers are amazing at colossal inventory stunts like this.
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I’ve been eyeing an Ioniq 5 for about 18 months now and just checked local pricing again and they haven’t budged an inch on pricing (even now with 2024 models being sold with 2023 models left on the lot) nor are they even carrying inventory outside of the most expensive trim packages of Limited AWD. I’m interested in range, so I’m wanting a Limited RWD but they aren’t being stocked.
This article screams “I’m not doing my job and it’s all your fault!”
There’s a 2008 style crash coming in the credit market for cars. There’s a lot of subprime loans and a lot of car companies that got into financing that shouldn’t have. Wait til they really get squeezed. Who am I kidding tho, they will just ask for a bail out.
Some of us are still miffed about the 2008 bailouts, which ran entirely counter to the market forces rhetoric. Then the police turned off all the cameras and ran OWS off with riot squads.
No resolution was offered. even Dodd-Frank was reversed by Trump.
So you can expect a lot of civil unrest. It’s been due since the great depression, about a century ago.
Wrong! They will let it crash a bit and everyone will panic and see that shit is about to get real. The government will offer to defer the pain by bailing out the very rich and get things moving again, it’s the only way the government at the time will be able to hold onto power. People are fucking idiots so they’ll do nothing because they don’t like being uncomfortable for a short time even if it means they are getting slowly buttraped over the medium to long term
When beater 20 year old trucks can’t even be found for <$10k, you know somethings gotta give
And the best part is you who foresaw it and tried to warn everyone, will have to pay personally towards the bailout
The dealer near me has added an extra 5 grand for market adjustment too.
Meanwhile, up here in Canada I put a down payment on an IONIQ 5 Ultimate Edition (Canadian equivalent of the US ‘Limited’ model) back in early April 2022, and it still hasn’t been ordered, because Hyundai decided to flood the US market while stiffing the Canadian market.
Hyundai (and other EV makers) are fucking around, and then blaming the market.
Yep sounds similar to what’s happening here. Since the car was first released you could spec one out with Limited RWD on Hyundai’s site but none existed in the entire country up until the last few months when they began trickling out. The website tells you that you can’t actually order or build the car you want and instead must visit a dealer and choose something among their inventory. I’m sorry but I’m not going to compromise on a major purchase like this for a brand new vehicle. Dealerships can eat a dick.
While I still think that Hyundai engineering and design did some real magic with the IONIQ 5, I just can’t help but feel like the rest of the company is just screwing the pooch on this car. They’ve flooded the US market with models people there don’t seem to want to buy, and dealership lots often have a dozen or more waiting to be sold.
Meanwhile, here in Canada buying one is damn near impossible. That doesn’t seem to stop them from sending out mass marketing materials and ads trying to sell them (or the IONIQ 6), mind you — I just wish they had focussed first on ensuring their biggest boosters globally were getting the cars they want, as opposed to putting lots of cars nobody seems to want on US dealership lots.
(FWIW, my dealership told me they weren’t being allowed by Hyundai to order any 2023 IONIQ 5s. This seems to be a fairly common occurrence across all dealerships here in Canada, with just a few cars trickling in each month).
Jfc. I have a feeling this is going to become a much more common tale with high tech or precision manufactured goods, goods just being diverted from western markets to Group of Friends and Axis of Evil countries. Hopefully America doesn’t go full isolationist and we continue to seek global trade such as the trans pac trade agreement and similar trade agreements, keep the dollar nice and strong.
Issue is the dealership deals made with the auto manufacturers. Inventory on hand is often times (not including some of that bs that had dealerships marking stuff way over msrp) only set up to make the dealership a few thousand in profits.
For any major price reductions that are really needed, the auto manufacturers would have to be giving the vehicles to the dealerships for less money.
In other words, ford will have to drop prices for dealerships to drop prices.
This is bananas to me. The new model is out but last year’s model isn’t discounted? No wonder nobody likes dar dealers.
Saw one dealer do that to a Honda civic r then brag they got someone to actually pay it
That’s why they do it - they only work a fraction of the amount for the same profit by gouging the everliving fuck out of a small number of people.
Shit dealers (and especially the sales people) tend to not at all be trained on how to sell these cars, and can be openly hostile towards people interested in them. EVs don’t make them as much money on service.
They can be trained all day every day, but if they know their profits are lower they’ll do anything they can to avoid having to work with EVs.
Yup something I keep getting into arguments about at work. Sales makes a mistake on their order. And I somehow as the tech end up sorting it. And that sales person keeps their entire sales commission. I’ve been telling mgmt forever take away the commission if there are reasonable timeframe issues or incorrect selections made by the sales agent. That will make them make sure they perfect it to get their pay.
Edit: I’d like to note I’m not even asking for the commission idc I just want sales to do shit properly. Lol
They’ll also fail to mention that it’s the fastest growing new car segment. They may not me moving as many as they want, but they’re definitely moving.
I don’t know how it is in the us but here in Germany many (single-brand-)dealers are also licensed mechanics (for that brand) - and since EVs are taking much less repairing than traditional cars they are basically shooting themselves in the foot by selling them
Straight up don’t give a single fuck what car dealers want. If they could all go out of business I’d be a happier person
Hi you pulled your car in, nothing is actually wrong with it but we looked at it from a distance and you need new air filters. That will be $375. I can make you a good price, I got it down to $373 because you’re a good money bag, I mean client.
Oh no! But won’t someone think about what the rent-seekers need? They worked hard for years to capture government regulation allowing them to be not only middle-men, but the only middle men allowed! How can they be expected to turn around and do what the government asks? This is a travesty!
I have hated every single car dealer I have dealt with, even my high school friend, but somehow my Nissan dealer was such a nice guy. He never found anything extra and always gave the straight forward solution, I only worked with him maybe 4 times for the 5 years I owned the car, but my bill was always <$100.
With 30% markups? No, you cannot.
Car Dealers: But what about my cut for bringing absolutely nothing to the table except being a con-man??
EVs require much less maintenance…dealers make much of their money from… maintenance! So they mark up the sale price to compensate for their lost revenue.
The solution is selling cars without dealerships, but our helpful state legislatures have made that illegal in many states.
And you need a safe place to charge it. Like a garage. I can’t afford a house so why would I buy a Nissan leaf (any cheap ev)? I can’t just run an extention cord out an open window. I also can’t just leave a wireless ground pad charger plugged in unattended outside. It’s all linked, nothing happens in a bubble.
I don’t know about other chargers but my Tesla charger is designed for outside use and can be configured to only allow my car to charge
The J1772 protocol is very basic and does not communicate any car identifier back to the charge unit, so it wouldn’t know what it’s plugged into (other than “something”)
And you just…trust other tenants to not just walk off with it?
I’m not worried about that, but I’ve seen some more cautious people get the cable underneath one of their wheels so that you’d have to move the car to take it. I’m quite sure you could also find another way of attaching or securing it to your car to make it fairly difficult to walk away with. The chargers also aren’t really worth much, so it seems unlikely that even someone desperate for cash would put much effort into it.
It helps to have your own home, and my area doesn’t have much vandalism
My charger is not detachable and is not especially valuable in itself, so I think of it more as vandalism than theft. Someone might vandalize my charger for the metal in the cable, I guess, but I also have an air conditioner compressor outside that I’d expect to be more valuable, if harder to walk away with. As a property owner, there’s always something that could be vandalized or stolen, but you need to balance your costs and convenience with what you expect from your neighbors
R u so paranoid that u think people are gonna steal it? I mean it might happen but I live in quite a rough place and I wouldnt even be worried abt that
Some people will steal anything they think they can sell for a couple bucks – particularly addicts. Some people just suck and will think the owner deserves to have it stolen for not securing it.
You’re banking on not a single one of those people seeing it and taking it. It’s not hard to sell it for cheap to someone who’ll list it on ebay.
I’ve had people attempt to Rob me in my own home, had bricks thrown in my window for literally no reason and had attepted night burglaries. Basically, I live in a rough area and I’d genuinely be suprised if someone stole an electric car charger. I’ve left much more valuable things outside by accident without them being stolen.
That’s a problem that is pretty easily solved. It can all be solidly affixed to the wall, locked to the vehicle, etc.
Yeah, I do wonder about the wisdom of locking it to the vehicle. I wonder if it would really deter anyone or if it just means my car is also vandalized for the scrap metal in the cable
I can’t just run an extention cord out an open window.
This is exactly what my neighbor does in his apartment.
But he has a driveway, so it’s not like he’s running it over the sidewalk or anything.
I smell a solution here: Dealers can offer free charging on their lot (plus optionally a mobile charging service that comes to you) for a monthly fee.
That way, you have a spot to charge in your city that’s never taken, and dealers can make the money they used to make on maintenance, therefore giving them the incentive to actually sell EVs.I don’t think this is what you meant, but you can charge an EV using a conventional wall outlet.They even have adapters that will allow you to plug it into a 240v outlet (like for a dryer or oven). I’m not saying this makes them more accessible, I still think the upfront cost of owning an EV is too high, but it is possible.,
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With decent range, you can charge once or twice a week at a fast charger (while doing groceries or posting video games) or there are public chargers every couple of blocks. No need for a home charger (though it’s definitely more convenient).
there are public chargers every couple of blocks
You’ve never left the city, have you?
When you leave the city, you have your own driveway with your own charger
Your worldview is so narrow I don’t think you could thread a piece of fishing line through it.
Other wires come in and out of your house. It’s not hard to drill a hole and insulate it.
The person you replied to said they cannot afford a house.
That means they do not own the building in which they live. In most apartment situations, it’s impossible to make infrastructure changes to the building.
Even if a person owns their home, they aren’t just “making a hole” and insulating it. Most home owners don’t know what’s in their walls, how to tell if a wall is safe to drill into, and even fewer know how to properly seal up those holes so they don’t wind up with water ingress when the cheap caulk they slathered on gets ruined by temperatures, the sun, or pests.
Much less that it’s also not merely ‘a cord’ unless you’re fine with being handicapped by slow charging. Installing faster chargers is beyond the scope of most home tinkerers - so that’s even more cost to set up.
Why can’t you run an extension cord out an open window? Do u not have windows or something
What if they live on the third floor of an apartment or have to park a block away? It’s not one size fits all.
Ask someone who lives closer and pay the extra it’s what I’d do
Maybe roll out some models people can afford? It’s all SUVs that start around $45k, but they built only a few of those base models. The ones actually available are premium trims that go for $65k and might peak around $100k. They were able to sell out for 6 months, and then that market was saturated. Now they stand around asking why nobody buys their cars.
I don’t see any problem with removig car dealers. Just phase out of existence no one will miss them.
How about people pay attention to local elections? The reason we are not seeing funding for EV infrastructure is most small towns can be bought by the local dealership family who would rather see continued profits from ICE vehicle maintenance and not investments into EV infrastructure, then it conviently sides with this bullshit narrative of nothing can be sold and we have no infrastructure so give up on EVs.
Henry Ford designed the Model T to be a bare-bones vehicle affordable for the everyday person. Volkswagon designed the Beetle to be a bare-bones vehicle affordable for the everyday person.
The first car company to design an EV that’s a bare-bones vehicle affordable for the everyday person will sell lots of them. Profit per car may be lower but perhaps we need to set the need for maximum profits aside on this particular issue?
My raises aren’t even CLOSE to keeping up with inflation. Rather hard to splurge on a fancy EV with tons of high-tech nice-to-have features that are just going to break anyway. All I need to do is to get from point A to point B and have AC, heat and a half-decent stereo system.
Give me a solid car with an electric motor, but all old-school buttons and knobs in the cabin instead of a touchscreen that will be out of date in 5 years and cost 10k to replace if the kids get their grimy hands on it.
You know there are absolutely zero controls on privacy for Tesla telemetry data. It’s wild to me that a car that is really quite a bit simpler than an ICE car is required to be perpetually online. That said, I saw there’s a company trying to offer electric retrofits for ICE vehicles, primarily classic cars, but that’s likely to be closest to what you want.
You got a link or company name? That sounds very interesting for classic cars.
Zero Labs. They’ve got a few models for sale but are really looking to raise capital.
Looks like they’re only doing it to huge cars like Land Rovers and Ford Broncos, which is unfortunate.
It’s wild to me that a car that is really quite a bit simpler than an ICE car is required to be perpetually online.
Well it would be wild if it was true. Car drives just fine without an internet connection.
there are absolutely zero controls on privacy for Tesla telemetry data
Another wild claim, what is it based on I wonder?
This made the rounds recently. Tesla is bad (just like all car companies), but not quite that bad. They do have stated controls.
I was expressing personal opinion, which is influenced by some known facts. Tesla employees shared videos recorded from cars on their company instant messaging system, which suggests lax controls (lawsuit too). They even passed around images of Elon Musk’s garage.
Elon Musk also personally canceled the Model X order of a buyer who criticized him. That level of pettiness suggests contempt for Tesla buyers and owners. Is the personal data for an active Tesla owner who criticizes him off-limits?
https://www.cnbc.com/2016/02/03/elon-musk-personally-cancels-rude-customers-tesla-order.html
Disgruntled ex employes say a lot of stuff. No proof though ;)
Also Elon bad, yeah no shit all people with that level of money are generally assholes. But a company should be able to chose who it does business with no?
I just had my screen replaced because the L in LCD started oozing all over. It was $2200 which didn’t include the radio that cost an extra $500. So, not 10k, but not cheap either. On the plus side, outside of New tires, that’s the only thing I’ve done to the car in 8 years.
Bullshit. These dealers don’t want to sell EVs because they can’t bait you into a sales pitch 4 times a year with free oil changes.
Car dealers are just a legal & institutionalized cartel.
Maybe it’s because cars suck now: filled with spyware, massively complex systems that aren’t better at doing car things than similar systems in the 90s, and with a price tag that considers this garbage as worth something to the consumer.
The same thing happens in ICE vehicles. The issue here is that they marked them up an insane amount, refuse to learn about them, and actively discourage people from buying them.
Spoiler alert: cars have always sucked.
Inefficient drain of public and private money. Demand better public transportation.
Fascinating, have they tried sucking less?
When GM killed the Bolt, I tried to buy one at two different dealerships near me. One wanted a $10k premium over MSRP and the other wanted $8k.
They also both had a non-negotiable “security” etching added and wheel protection whatever that I had to pay for.
It isn’t that I didn’t want one, it’s that your dealerships fucked it up.
Honestly, may have settled for MSRP, but they wouldn’t budge. Fuck off.
