Nothing like paying 60% - 80% of a cars total value , and getting to use 30% of a cars use , with no residual value, while thinking your saving money, because you “lowered you payment” by $90 , quickly noticing that new payment doesn’t include tax (taxed monthly) . Taking the customers last dollar , and any future equity is bad for everyone. Destroying your customers is never a good “business model” , it’s just exploiting their desperation or ignorance, same for dealers that try to add fake charges to “internet pricing” , the only bright side : making sure heaven is not too crowded
Prices Based on “Supply & demand”? Not at all, unless the majority can actually afford it. Now, way past the point of the majority affording financing , the next step is always “creative leasing” . New car leasing: pay 50%+ of a cars value, use 25% -30% of its useful value (and build no equity) , on a car grossly overpriced to begin with
Henry Ford was so right, his values helped the country prosper at a record pace (cars , tractors , trucks) . He supplied club houses (for weddings & parties) , “FORD HOSPITALS” (no middle men ),,, One plant ,that i know of, even recycled the dust from the casting department. All to put prosperity in the hands of the workers and of course build himself a great business (which he already had before building the assembly line). People forget he was already making big money when he announced “we must make big changes because the workers can’t afford the cars they build” “there should be two cars in every driveway” . Wall Street tried to gas-lite him when he boosted wages and cut the car price in half (twice) (950 to 550, to 275) , intentionally made the tractor “serviceable by all” (john deer are you listening?) which made better food supplies
