2023 Cadillac Lyriq Discussion (merged threads)
#61
Lexus Champion
Last edited by AMIRZA786; 09-20-21 at 08:06 AM.
#62
Lexus Champion
There are a some good looking ones on the market today and that are coming out, at least IMO. All Tesla's except the Cyber Truck, Hyundai Kona and Ioniq, Ford Mach-E and the upcoming F-150. I even like the way the newer Nissan Leaf looks. Again the looks are subjective, but enough people buy them where there is a demand to justify their existence
#63
Lexus Champion
The Hummer EV Edition 1 sold out it's reservations for its highest trim in 10 minutes (3,750) and made about 15,000 reservations of it's lower trim. And this is 100 percent a niche product. Ford has already received over 100K reservations for it's F-150 Lighting EV truck. Correct me if I'm wrong, but the only ICE product that seems to have this high demand is the Ford Bronco
Last edited by AMIRZA786; 09-20-21 at 11:26 AM.
#64
Lead Lap
The Hummer EV Edition 1 sold out it's reservations for its highest trim in 10 minutes (3,750) and made about 15,000 reservations of it's lower trim. And this is 100 percent a niche product. Correct me if I'm wrong, but the only ICE product that seems to have this high demand is the Ford Bronco
#65
Lexus Champion
I would disagree. Tesla did it with their Model 3 where people waited 2 years. Now they are everywhere where I live. Yes it does create hype, but isn't that how sales work?
#66
Lead Lap
As for the Model 3, yes the Model 3 demand was high and remains high. Was that solely due to the reservations? I would wager not. I would say it was due to Tesla's already strong following, specs, and price point unmatched by anyone else.
#67
Lexus Fanatic
But as we are talking about the Lyriq, there is no demand. Nobody has actually purchased one, so they are NOT sold out. 1500 prospective buyers put down a $100 refundable reservation. For all you know, the Lyriq could release and totally flop. These silly headlines these blog posts create are just sad...and too many people fall for them
#68
Lexus Champion
I said it's not the only metric by which demand should be judged, given all models don't utilize reservations leading up to release. I'm not against the reservation system but rather don't believe the "sold out in x minutes" means much.
As for the Model 3, yes the Model 3 demand was high and remains high. Was that solely due to the reservations? I would wager not. I would say it was due to Tesla's already strong following, specs, and price point unmatched by anyone else.
As for the Model 3, yes the Model 3 demand was high and remains high. Was that solely due to the reservations? I would wager not. I would say it was due to Tesla's already strong following, specs, and price point unmatched by anyone else.
#69
Lexus Champion
But as we are talking about the Lyriq, there is no demand. Nobody has actually purchased one, so they are NOT sold out. 1500 prospective buyers put down a $100 refundable reservation. For all you know, the Lyriq could release and totally flop. These silly headlines these blog posts create are just sad...and too many people fall for them
#70
Lexus Fanatic
But there is no risk You wouldn't be putting anything down, its not even a deposit. This conversation and headline would be totally if these reservations were non-refundable. I see Tesla has non-refundable order fees. Very different.
#71
Lexus Champion
Doesn't matter if it's refundable. I wouldn't hand over $100 for anything unless I wanted to buy it or unless it was a deposit, like renting something. $100 is $100
#72
Lexus Fanatic
Originally Posted by LexsCTJill
I don’t think so….there were 1500 online reservations at $100 that are refundable. That does not indicate there is demand. It’s a publicity stunt that online blogers fell for. The headline says “sold out” which implies they are sold. which they are not.
Come on. I'm not a moderator, but seems to me that we can disagree with someone (I sometimes disagree with Jill myself) without resorting to rude statements.
#73
Lexus Champion
LOL it wasn't meant to be rude. Jill is my pal, we argue all the time. If she took it as being rude, than my apologies
Last edited by AMIRZA786; 09-20-21 at 12:48 PM.
#74
Lexus Fanatic
Doesn't matter if it's refundable. I wouldn't hand over $100 for anything unless I wanted to buy it or unless it was a deposit, like renting something. $100 is $100
Last edited by mmarshall; 09-20-21 at 12:52 PM.
#75
Lexus Champion