Buildup of Stellantis inventories
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The high prices have to hurt with the higher interest rates.
They also, generally, are not fuel efficient vehicles as we’ve seen some volatility in gas/diesel prices.
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Hopefully leads to some deals happening to reduce inventory (rebates). Not great for the company, but helps the consumer. I'd like a new Mopar again soon...
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Stellantis has margins in n america 30% or more higher than everyone else. And a finance subsidiary, finally. Does that mean an incentive war that it can win easily enough? At gm and ford 's expense?! "Bleed'em" via rebates? Watchout gm especially ;-) their finance units have contributed 20%+- to gm and ford earnings all these post2008 years. Not so fca. But as the business and macroeconomic cycle endgame is here: watchout since stellantis has the financial er margin to bleed em dry IF they decide to go that route (outspend on rebates, higher low margin fleet sales, cheapened financing....)
Already happeningHopefully leads to some deals happening to reduce inventory (rebates). Not great for the company, but helps the consumer. I'd like a new Mopar again soon...
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My Fiat Spider turned 4 years old yesterday. This is the longest I have held onto a car since I graduated college.
But I am in no rush to buy anything. Between insane prices, crummy dealers, high interest rates, and low miles on both my vehicles due to Work From Home, I can sit and wait....
But I am in no rush to buy anything. Between insane prices, crummy dealers, high interest rates, and low miles on both my vehicles due to Work From Home, I can sit and wait....
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12,640 Posts
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2022 Compass Limited ONLY
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For me it is also the addition of too much high tech in modern cars (just posted in “Auto News” about the new 2024 E-class interior). So much just seems over the top…
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Here are the incentives on the Hornet and you can't even get one yet. What a joke!!!!!!!!!!!
Dodge Deals & Incentives - Check out Current Lease Offers
Discover financing incentives and offers on a Dodge Vehicle near you. Choose the incentives and offers on the Dodge Vehicle you are looking for.
www.dodge.com
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Brother, is it ever!
Such a lovely parting gift from the former FCA that just keeps on giving!
One more hot steaming pile for CT to clean up.
My Ram is 16 years old and I am in no rush to replace it. So far, it is the longest I have owned a vehicle. I have been working from home since 2017 (before the pandemic). I can indeed sit and wait.
At any rate I can't afford another vehicle. We purchased a 2016 Toyota Rav4 last year to replace my wife's Equinox that blew its engine. It will be a while before I am in the market.
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Because inventories are high....the subject of this thread.
2023 Compass with the new powertrain already has 1.9% financing, $500 cash back, and special lease deals.
$2000 cash on 2023 Wrangler 4xe already.....
When demand falls, the most stale products usually suffer first and the most.
Wrangler 4xe is a lot of what has been propping up Wrangler sales. Wrangler is already "old", soon to be 7 model years old.
2002 Ram 2500 Quad Cab 4x4 with Cummins. 2021 Jeep Grand Cherokee L Altitude
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If people are patient, there will some deals to be had I believe.
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