FORD CONSIDERING MORE OFF-ROAD CAPABLE FORD EXPEDITION

[silvrsvt]

49 minutes ago, Broncofan7 said:

Ford Expedition Raptor Prototype Potentially Spotted Testing (fordauthority.com)

Maybe it will be a Tremor or something else that like on the F-150 that has off road parts but not the raptor overkill on it? 

[Captainp4]

I'm sure they'd sell, but those spy pics look more like a timberline+ or something along those lines than a raptor. No fender flares, still IRS, not much room for uptravel, can't really see in the pics but no signs of high dollar shocks...

[rmc523]

2 hours ago, silvrsvt said:

Maybe it will be a Tremor or something else that like on the F-150 that has off road parts but not the raptor overkill on it? 

 

Those definitely look like 35s, though, FWIW.

Edited February 16, 2023 by rmc523

[bzcat]

3 hours ago, silvrsvt said:

Maybe it will be a Tremor or something else that like on the F-150 that has off road parts but not the raptor overkill on it? 

 

They already have Expedition Timberline. Tremor is for pickup trucks. The equivalent of Tremor for SUV is Timberline.

 

If they are really doing a Raptor, seems like it should have F-150 Raptor's engine... so the high output version of 3.5 EB. Should be interesting. 

Edited February 16, 2023 by bzcat

[slemke]

17 hours ago, silvrsvt said:

 

The Average cost of a new car is around $50K...not sure how that is going to come down at all. Far too many people looking at just a monthly payment (which are getting eye poppingly expensive) vs actual cost of buying a car. 

 

When a low end product like the Maverick is getting a 10-15K ADM added to it, that doesn't help the lower end buyers either. 

 

Just as an example, if you could find a Maverick XL hybrid with no ADM and only put down $2500 for a downpayment, you'd still have a $422 a month car payment over 60 months with current rates. 

 

So its recommended to only use 10-15% of your after tax income and bills to put towards a car payment, so basically you'd need to make $52K a year and not have any other bills to worry about to afford something like that (using numbers from NY state-that was the first return I got on google)

 

I thought it was 10% of gross income for auto, credit card, etc.   that the banks went by.  Rules may have changed.

Some of the pricing is due to the high value of used cars.  People with 2-3 year old vehicles getting as much or more for them than what they paid.  The used car market is softening.  Prices down 1.5% in January.  That will make the new cars even more expensive per month to finance.  Median household income is up to $78k, so that may be driving some of the higher prices also.

[fuzzymoomoo]

6 hours ago, slemke said:

so that may be driving some of the higher prices also.

it’s high demand and low supply, plain and simple 

[coupe3w]

3 hours ago, fuzzymoomoo said:

it’s high demand and low supply, plain and simple 

It's greed plain and simple.

[slemke]

5 hours ago, fuzzymoomoo said:

it’s high demand and low supply, plain and simple 

That high demand is fueled by folks with $ to spend.  Some of those $ comes from high used car prices pushing up new car prices.  As I said, used car prices are softening…less demand.  That in turn will lead to less demand for high priced new cars as the loss of equity in the trade needs to come from somewhere or the difference in price becomes more attractive for people to buy used.

 

In 2020, mortgage rates were extremely low and refinancing freed up dollars to spend on other things like cars, driving up demand at a time when supplies were very limited.  Mortgage rates have fallen some, but they are still much higher than before.  Housing costs will start to reduce demand for other items as it takes a larger percentage of the household budget.

 

On the supply side, the chip shortage continues to ease, although not uniformly.  Commodities have stabilized.  As inventories build, we will see how much downward pricing pressure there is to move it.
 

So yes, at the root it is supply and demand.  It is what’s behind the supply and demand curves that is interesting.

[silvrsvt]

3 hours ago, slemke said:

That high demand is fueled by folks with $ to spend.  Some of those $ comes from high used car prices pushing up new car prices.  As I said, used car prices are softening…less demand.  That in turn will lead to less demand for high priced new cars as the loss of equity in the trade needs to come from somewhere or the difference in price becomes more attractive for people to buy used.

 

In 2020, mortgage rates were extremely low and refinancing freed up dollars to spend on other things like cars, driving up demand at a time when supplies were very limited.  Mortgage rates have fallen some, but they are still much higher than before.  Housing costs will start to reduce demand for other items as it takes a larger percentage of the household budget.

 

On the supply side, the chip shortage continues to ease, although not uniformly.  Commodities have stabilized.  As inventories build, we will see how much downward pricing pressure there is to move it.
 

So yes, at the root it is supply and demand.  It is what’s behind the supply and demand curves that is interesting.

 

Used car prices have been going up for years, because the price of new cars have gone up, then add in the major reduction in supply years back with cash for clunkers cutting back on used car pricing, that did t help either.

 

I don’t see Ford or other companies overproducing-COVID showed they could make less and still be profitable without major layoffs. 

[akirby]

7 hours ago, coupe3w said:

It's greed plain and simple.

Let us know when your boss offers you a raise and you turn it down because you’re not greedy.

[coupe3w]

On 2/17/2023 at 4:28 PM, akirby said:

Let us know when your boss offers you a raise and you turn it down because you’re not greedy.

I'm retired. And getting a pay raise that is deserved is not being greedy. But over charging for something is.

Like dealers up charging over MSRP.