General Car Conversation 2024 - part 1
#1592
Lexus Fanatic
The first word under the title "Incentives". MSRPs aren't coming down, transaction prices go down with incentives, like I said
#1596
Lexus Fanatic
Prices haven't dropped, buyers have more ability to negotiate better prices because the market is softer.
Thats highly variable too as rebates come and go. For instance right now there are no rebates on S Classes, while at the end of the year last year there was a $10,000 rebate. My business partner just bought the same PHEV Pacifica Pinnacle I bought in October and he paid $10,000 more than I did because of fewer rebates, and his is a leftover 2023 same as mine. So, it depends on the car and the moment in time.
Thats highly variable too as rebates come and go. For instance right now there are no rebates on S Classes, while at the end of the year last year there was a $10,000 rebate. My business partner just bought the same PHEV Pacifica Pinnacle I bought in October and he paid $10,000 more than I did because of fewer rebates, and his is a leftover 2023 same as mine. So, it depends on the car and the moment in time.
#1598
Lexus Fanatic
That depends on the model and the rebates available in a given month. Like I just said average prices paid for the Pacifica and the S Class are higher than they were last year, not lower just because of how they are allocating rebates.
#1599
Lexus Fanatic
I think you will have a hard time finding situations where car prices universally went down. It’s not going to happen, you’ll see incentives and all to move product.
The LS had the whole ultra luxury package with the power seats and controls in the rear from the very beginning, the LS400 also had available laser cruise control which never came here, as a couple of examples.
The LS had the whole ultra luxury package with the power seats and controls in the rear from the very beginning, the LS400 also had available laser cruise control which never came here, as a couple of examples.
#1600
Lexus Fanatic
there will always be some examples that go in favour of other markets. However, overwhelmingly the US gets the top spec models. in the case of the current land cruiser, the United States only gets the top powertrain. in other markets, there is the 2.4 turbo as well as the 2.7 naturally aspirated in line 4 both with no hybrid.
#1601
Lexus Fanatic
another example is the Lexus IS. First generation the United States only got the in-line six version But the Lexus IS200 was sold with a 4 cylinder model alongside the IS300. And in some cases, just the IS200 was sold on its own
Last edited by Toys4RJill; 02-22-24 at 11:06 AM.
#1603
Lexus Fanatic
#1604
Lexus Champion
so we can look at 'overpriced' as a subjective judgment or an objective assessment. side note, i didn't even think it was one word, thought it was over priced.
i think you're using it subjectively, so even if something sells like hotcakes you may still think (and are perfectly entitled to think) it's 'over priced'.
but objectively, if something is selling like crazy it isn't overpriced because lots of people think it's worth it, so your opinion at the very least is not popular.
so things like 'an apple product' are overpriced TO YOU. i've come to appreciate the value in build quality, design, reliability, features, and ease of use.
i work all day with all kinds of tech. i also hear from people who think an apple mac for example is overpriced. i can easily show that's not the case. if someone buys a bottom of the line windows laptop for example where apple doesn't bother trying to compete, then they think apple is overpriced. if one compares actual specs then the pricing is pretty similar and there are many things on a mac that windows doesn't have. want to edit pdf's? buy software on windows. in a mac it's built-in. want productivity suite? buy microsoft 365 for windows (or mac) or use the included apple suite on the mac. and if someone has an iphone it's an even bigger no brainer. take a photo on the iphone, it's almost instantly available on the mac. etc. but hey, some people just look at the initial purchase price and also don't know how to look at specs. love it when a client calls for help with a pc they bought themselves to 'save money'.
i know someone who just stayed at a hotel that is about $2000 a night. overpriced? maybe to most people, but if one can afford it and appreciates the amenities, rooms, atmosphere and service, it's worth it!
i think you're using it subjectively, so even if something sells like hotcakes you may still think (and are perfectly entitled to think) it's 'over priced'.
but objectively, if something is selling like crazy it isn't overpriced because lots of people think it's worth it, so your opinion at the very least is not popular.
so things like 'an apple product' are overpriced TO YOU. i've come to appreciate the value in build quality, design, reliability, features, and ease of use.
i work all day with all kinds of tech. i also hear from people who think an apple mac for example is overpriced. i can easily show that's not the case. if someone buys a bottom of the line windows laptop for example where apple doesn't bother trying to compete, then they think apple is overpriced. if one compares actual specs then the pricing is pretty similar and there are many things on a mac that windows doesn't have. want to edit pdf's? buy software on windows. in a mac it's built-in. want productivity suite? buy microsoft 365 for windows (or mac) or use the included apple suite on the mac. and if someone has an iphone it's an even bigger no brainer. take a photo on the iphone, it's almost instantly available on the mac. etc. but hey, some people just look at the initial purchase price and also don't know how to look at specs. love it when a client calls for help with a pc they bought themselves to 'save money'.
i know someone who just stayed at a hotel that is about $2000 a night. overpriced? maybe to most people, but if one can afford it and appreciates the amenities, rooms, atmosphere and service, it's worth it!
So by this logic, a $22 Bloody Mary at an airport isn't overpriced?? It's stuff like this that I'm talking about. I still think the new LC is too expensive. Most people on this board called the 200LC overpriced, and it was. Why? No power lift gate, no power folding seats, etc. Silly not to spend a minimal amount more and get an LX which had all that and more, imho.
#1605
Lexus Fanatic
So by this logic, a $22 Bloody Mary at an airport isn't overpriced?? It's stuff like this that I'm talking about. I still think the new LC is too expensive. Most people on this board called the 200LC overpriced, and it was. Why? No power lift gate, no power folding seats, etc. Silly not to spend a minimal amount more and get an LX which had all that and more, imho.
You can't understand supply and demand and not understand this. If people buy something at the price it costs, it is by definition not overpriced. It may be too expensive to be attractive to you but thats your own personal opinion for yourself, not an objective assessment of the product and its price.