I recently visited two local dealers - no brands mentioned - now selling at MSRP ... no market adjustment and no ridiculous DOC fees. I recall a few months ago visiting an RV lot .... "Supply and demand, $15k over MSRP, better take what you can get, Mmm Hmm" ... Just drove past the lot the other day and it's full of RVs and campers. The local car lots are full of used, over-priced vehicles. Where's the demand? I'm starting to see cracks. People keep spewing this "Supply and Demand" social media - Google-Nomics phrase like it means something. Bronco is overvalued and well played by Ford ... their marketing is remarkable. I came here to rejoice over the new Bronco and instead I'm reading about guys who were assigned Broncos ... my God! Assigned a Raptor and they have no intent on keeping ... Flip Flip Flip.
Well... Ford took $6 billion in bailout in 2008. Maybe they need new jets for their execs ... or perhaps its money for a new EV plant in India. I'll wait with you ... Big 3 bankruptcies will be entertaining.
Get your story straight.
General Motors and Chrysler took the bailout.
They then proceeded to restructure the stock float by giving a third of the equity in the company to the union.
I feel old for remembering that in every detail, but I won't forget it.
One of the major reasons why I won't by a GM or Chevy.
GM took the bailout, not Ford.
Ford had a line of credit so they didn't need the bailout.
That whole time period of too big to fail made me realize that the idea of free market capitalism is a myth.
Bailouts then, bailouts now in Covid.
In true free markets people and companies have to go bankrupt.
P.S. I love my Bronco!