will-max dairy
Well-known Member
ss55 said "Stellantis inflated their list prices way beyond what was realistic"If you are thinking of selling that 2015 Grand Cherokee, this might be a good time to do it. Stellantis sales are slowing to the point where they have close to a full year of unsold inventory in many of their models. Industry rumor has it the company will soon be cutting the list price of unsold inventory by 20, 35 and up to 60 percent depending on the model year to move unsold iron. Admittedly, Stellantis inflated their list prices way beyond what was realistic, but the drastic price cuts of unsold new vehicles could crash the values of used models too.
Our whole economy is in this condition. The finance industry and gov't knows it's a bubble. They're just hoping that it's made of some kind of new pop-proof polymer... lol
And if it doesn't pop, we pretty much end up with a caste system like India used to have...