Also, as a result of ford and gm’s success, Ram lost significant market share last year. They’ll have to do something significant to try and regain some share- it’s unusual to take such a big hit with a newly refreshed model. As their prices have inflated the most over the last several years it only makes sense they’ll need to be more aggressive than the big 2
If they're not that overpriced, why do they still have 2023s on the lot? 15% ain't enough either - a $65k RAM is still way too high, not to mention it's a RAM.
Sorry, but if they don’t start cutting their prices by At Least 30 to 35% I won’t be buying. Ever again. I will run my current truck out for as long as I live. When it breaks, I’ll just fix it or completely refurbish it.
@@williamdavis4809 if you wanna pay an over inflated price go ahead but I’m voting with my dollars. I’ll keep my truck I’ll repair my truck. My neighbor is still driving a 1998 Toyota truck. If more people stand up to this nonsense things will change but if you wanna follow the sheep, don’t be surprised when you’re paying even more and getting bent over even more at a dealership
@williamdavis4809 Are you foolish enough to believe everyone’s goal is to “show them”.? That tells us a lot about how big a fool you are. Those of us not buying new vehicles anymore are making financial decisions with no intention of showing anyone anything. Only an angry child would think that way. It comes down to this, their product isn’t worth the asking price so people are finding alternative modes of transportation. For me it will be a Honda rebel with occasional U-Haul rentals when I need to haul something big home from Lowe’s. Let the automakers carry on with no concern from those of us who rejected their failed product.
We bought a 2024 Jeep Wrangler Rubicon in October 2024 with a 23% discount off the MSRP. I doubt we'll see any discounts above the 25 to 30% range off MRSP.
TKx garage 150,000 subscribers VS 30. TK has a following because everything he predicts happen in 30 days. If the Jeep and Truck prices don't come back I won't be buying
In 1990 my father bought a new ford ranger for under $10k. The.factory worker who made $50k a year in 1990 isn’t making $200k today. Why are comparable vehicles $40k today? If they want to sell all those vehicles then they need to broaden their buying base. Smaller simpler vehicles. Less frills. I realize the dollar dropped in value etc. they can make vehicles much cheaper by getting rid of all the crap no one wanted. You can’t make your customers wealthy by making larger cars.
I disagree with large portions of your analysis. Consumers are not buying (demand from 2020/2021 is already satisfied). Interest rates have increased by two, or more. Consumers are sitting on all-time-high levels of debt and have lost their ability to "keep digging." The job market has changed such that people are no longer able to job shop/quiet quitting. Car lots are honestly full of inventory (in fact the spill over lots are completely full too). Manufactures and dealers trying to "hold the line" will neither buckle, or face bankruptcy. Dealers need inventory that can be sold profitably at prices consumers are NOW willing to pay ..... not what they WERE willing to pay.
What you are saying is true but the overall numbers suggest the auto industry did well last year. So a lot of dealers got away with these prices. Some didn't but most did. That's why I think high car prices are here to stay.
Its pretty simple math here fella. If they don't cut prices they wont sell their overpriced vehicles. This is exactly why prices will be cut. Anyone who doesn't will go broke. Of course we are already seeing signs of this
Sounds more reasonable. If they did cut their prices by 30-35%, it would reset the market and drive dealers crazy. I hope it happens, but I'm not holding out too much hope that it does.
Who cares? There isn't a single Stallantis product worth buying. Of the 27 major auto makers...Dodge\Chrysler\RAM\Jeep are all below 20th in reliability.
TK provides a bit of insider rumors and wishful thinking from insiders who don’t have any final say, along with a whole lot of unsubstantiated BS and tons of wishful thinking of what he thinks Dodge SHOULD do. There is often a whole lot of speculation presented as fact. If anyone takes anything TK says as gospel , they may be barking up the wrong tree.
Are the banks willing to do this? The financing arms of the manufacturers have to be willing to go along with this as well. It makes more sense from the bank's perspective to hold prices where they are and allow inflation to slowly lower the value (not the price) of the vehicle.
I checked local prices, and they are already discounting 15-20% below MSRP, with manufacture and dealer discounts. They won't make as much product in 2025, but I bet they'll raise prices and keep interest rates high. It's a good time to buy new if you have negative equity, you can make up the trade in value difference on discounts + get a lower interest rate. Stellantis isn't the only company dropping prices right now.
Car edge, car questions answered, etc also have the same info.
We had a 49% increase since covid, GM and Ford also cutting, Stellantis has no choice.
Thanks for the response, I really do hope that is the case as it would be a big win for us consumers.
Also, as a result of ford and gm’s success, Ram lost significant market share last year. They’ll have to do something significant to try and regain some share- it’s unusual to take such a big hit with a newly refreshed model. As their prices have inflated the most over the last several years it only makes sense they’ll need to be more aggressive than the big 2
If they're not that overpriced, why do they still have 2023s on the lot? 15% ain't enough either - a $65k RAM is still way too high, not to mention it's a RAM.
They are overpriced. However they are insanely overpriced compared to the just regular overpriced you see in today's car market.
Sorry, but if they don’t start cutting their prices by At Least 30 to 35% I won’t be buying. Ever again.
I will run my current truck out for as long as I live. When it breaks, I’ll just fix it or completely refurbish it.
There isn't a single Stallantis product worth buying. Of the 27 major auto makers...Dodge\Chrysler\RAM\Jeep are all below 20th in reliability.
You'll show them!
@@williamdavis4809 if you wanna pay an over inflated price go ahead but I’m voting with my dollars. I’ll keep my truck I’ll repair my truck. My neighbor is still driving a 1998 Toyota truck. If more people stand up to this nonsense things will change but if you wanna follow the sheep, don’t be surprised when you’re paying even more and getting bent over even more at a dealership
I will get a motorcycle or ebike before buying from these fools
@williamdavis4809 Are you foolish enough to believe everyone’s goal is to “show them”.? That tells us a lot about how big a fool you are. Those of us not buying new vehicles anymore are making financial decisions with no intention of showing anyone anything. Only an angry child would think that way. It comes down to this, their product isn’t worth the asking price so people are finding alternative modes of transportation. For me it will be a Honda rebel with occasional U-Haul rentals when I need to haul something big home from Lowe’s. Let the automakers carry on with no concern from those of us who rejected their failed product.
We bought a 2024 Jeep Wrangler Rubicon in October 2024 with a 23% discount off the MSRP. I doubt we'll see any discounts above the 25 to 30% range off MRSP.
I checked the local dealer, and they are 18% below MSRP already. Maybe 35 is high, but it's not unbelievable if these don't move.
I'll say it again. NEVER buy a vehicle that costs more than your annual income. Period!
TKx garage 150,000 subscribers VS 30. TK has a following because everything he predicts happen in 30 days. If the Jeep and Truck prices don't come back I won't be buying
TKs seems to have insider knowledge that's been proven accurate time and again.
I hope he is right. It could force other car makers to go back to normal prices.
In 1990 my father bought a new ford ranger for under $10k.
The.factory worker who made $50k a year in 1990 isn’t making $200k today. Why are comparable vehicles $40k today?
If they want to sell all those vehicles then they need to broaden their buying base. Smaller simpler vehicles. Less frills. I realize the dollar dropped in value etc. they can make vehicles much cheaper by getting rid of all the crap no one wanted. You can’t make your customers wealthy by making larger cars.
Given they've already cut Gladiator prices 20% nationally, I think you're just being a contrarian.
When I last checked that was only for remaining 2024 inventory. I have yet to see anything on 2025 models.
I disagree with large portions of your analysis. Consumers are not buying (demand from 2020/2021 is already satisfied). Interest rates have increased by two, or more. Consumers are sitting on all-time-high levels of debt and have lost their ability to "keep digging." The job market has changed such that people are no longer able to job shop/quiet quitting. Car lots are honestly full of inventory (in fact the spill over lots are completely full too). Manufactures and dealers trying to "hold the line" will neither buckle, or face bankruptcy. Dealers need inventory that can be sold profitably at prices consumers are NOW willing to pay ..... not what they WERE willing to pay.
What you are saying is true but the overall numbers suggest the auto industry did well last year. So a lot of dealers got away with these prices. Some didn't but most did. That's why I think high car prices are here to stay.
That's OK, there won't be many people buying their products.
i would say they will go bankrupt AGAIN.
Their lack of quality won't have customers coming back, no matter how much they cut.
There isn't a single Stallantis product worth buying. Of the 27 major auto makers...Dodge\Chrysler\RAM\Jeep are all below 20th in reliability.
Its pretty simple math here fella. If they don't cut prices they wont sell their overpriced vehicles. This is exactly why prices will be cut. Anyone who doesn't will go broke.
Of course we are already seeing signs of this
Anyone financing for more than 36 months is buying more than they can afford! Auto loan defaults are thru the roof!
Sounds more reasonable. If they did cut their prices by 30-35%, it would reset the market and drive dealers crazy. I hope it happens, but I'm not holding out too much hope that it does.
There isn't a single Stallantis product worth buying. Of the 27 major auto makers...Dodge\Chrysler\RAM\Jeep are all below 20th in reliability.
Who cares? There isn't a single Stallantis product worth buying. Of the 27 major auto makers...Dodge\Chrysler\RAM\Jeep are all below 20th in reliability.
Like: "All below 20th in reliability".
Couldn't agree more. Never understood how a company with such low quality had the audacity to charge so much.
Nothing is crashing
TK provides a bit of insider rumors and wishful thinking from insiders who don’t have any final say, along with a whole lot of unsubstantiated BS and tons of wishful thinking of what he thinks Dodge SHOULD do. There is often a whole lot of speculation presented as fact. If anyone takes anything TK says as gospel , they may be barking up the wrong tree.
Are the banks willing to do this? The financing arms of the manufacturers have to be willing to go along with this as well. It makes more sense from the bank's perspective to hold prices where they are and allow inflation to slowly lower the value (not the price) of the vehicle.
I agree that makes more sense.
I checked local prices, and they are already discounting 15-20% below MSRP, with manufacture and dealer discounts. They won't make as much product in 2025, but I bet they'll raise prices and keep interest rates high. It's a good time to buy new if you have negative equity, you can make up the trade in value difference on discounts + get a lower interest rate. Stellantis isn't the only company dropping prices right now.
A cut of 35% will hurt current owners of Stellantis products as their trade-in or resale value will drop leaving some with a negative trade-in value.
Is fifteen thousand off twenty twenty four