2024 Mustang sales lowest in history of Mustang

[robvas]

So in reality it is about the same! 30% over 6 years compared to inflation of 25.2% in the US over the same period.

Not so fast, things like housing and food have doubled, so less money to spend on Mustangs

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[Old School1]

OK not flaming....no more Camaro.. no more Challenger dead... s650 a10s breaking into the 11s stock...

I'm really surprised....

Lack of tuning?
Price got too high?
Screens?

What do you all think?

https://carbuzz.com/ford-mustang-mach-e-sales-report-2024/

Combination of the economy and price.

 

[smurfslayer]

I think before people used to buy Mustangs because they were cheap fun.......but now there is a section of the population that for the same money is going to buy a BMW every time over a Mustang

I had a BMW lose brakes on Susten pass; abs fault, and I was coming _down_ the pass. Module threw a fault and apparently during that fault you lose all brakes for a period of time, which seems like an eternity, but in reality was probably only a few seconds. So when that fault went away, suddenly - at full brake compression, now you’re in full lockup because you’re stabbing the brakes, downshifting and hoping for the best.

Let Darwin have the so called discerning buyer.

So you want Ford to sell it for less than they make it - great business idea!

Well, that’s apparently what they’re doing with the EV’s. Ford /=Apple. They’re not going to make us like the battery F150 until it’s actually able to work like an ICE F150 and right now it’s not. A 50 mile tow range on a full charge is laughable.

I don't get the BMW comparison I see on here. You have BMW buyers and Ford buyers, there's very little overlap.

I see the BMW crowd like... The Golden Retriever of cars. There’s the working line; the ‘performance’ oriented models and there’s the ‘show’ line; the blonde, long haired dogs that pose classically and look good, but can’t retrieve sh!t, and don’t like water. These are like the non “M” cars.

The performance oriented BMW are tarnished with the same broad brush as the ‘show’ / poseur crowd who can’t park, drive or do anything in the car well but can tell you how much better their car is than yours. The brand B performance guys you run into at the track are gear heads just like us, and by and large they are not a part of the ‘snob’ crew. Get on track or an Auto-x and some of those brand B guys will pitch in and help you fix something the same as any other marque.

I am by no means a bmw fan, but I gotta say, I got passed by a v8 bmw on the autobahn and it sounded quite good and he was not turtling.

 

[Mustang1987]

-Economy is bad and interest rates are high. The first car this would affect is a Mustang.

-Mustang has always been marketed towards younger buyers, and younger adults barely drive anymore. Is it less than 50% of 20 year olds have a license anymore? Every 20 year old used to have a license.

-Buyers buying the last of the Challengers and Camaros before they're all gone.

-Prices are up, mostly due to inflation and uaw contracts, but also because Ford is trying to condition everyone (I think) to expect higher priced mustangs for the future and future platform because they're wanting to turn it into a higher brand to compete with other brands.

 

[LaMakina2]

Are people not liking the big screen going all the way across? Is that the complaint?

I love my screens. What I hate about it is that I have my car almost a year and still no tuning. If I knew it was going to take this long I would’ve purchased a Mach1 instead for a heck of a lot less than what I paid for my performance pack. If I could do it all over again I’d get rid of it and find my Mach1. Come on Ford get with the program.

 

[Gregs24]

Not so fast, things like housing and food have doubled, so less money to spend on Mustangs

I agree but my point was a 30% increase in price is not anything out of the ordinary when considering inflation of 25%, especially as manufacturing inflation is probably higher than domestic inflation.

 

[Mspider]

-Economy is bad

The labor market and growth in GDP (economy) is completely fine. 2008/09 is when the economy was bad. When the economy is bad people are layoff and prices of goods goes down.

Go look at spending data for 2024. All up. If you were a home owner or investor your net worth is also up.

We have a cost of living/inflation problem today. Which is a different problem then the economy being bad. Here`s the proof. If every single person in the USA suddenly got a 30% raise. You would see all goods and services go up in prices. Because people would just spend more.

If you gave everyone a 30% raise in a bad economy people would save it, like they did during covid. Because people feared job loss or didn`t have a job.

 

[Mustang1987]

The labor market and growth in GDP (economy) is completely fine. 2008/09 is when the economy was bad. When the economy is bad people are layoff and prices of goods goes down.

Go look at spending data for 2024. All up. If you were a home owner or investor your net worth is also up.

We have a cost of living/inflation problem today. Which is a different problem then the economy being bad. Here`s the proof. If every single person in the USA suddenly got a 30% raise. You would see all goods and services go up in prices. Because people would just spend more.

If you gave everyone a 30% raise in a bad economy people would save it, like they did during covid. Because people feared job loss or didn`t have a job.

Spending is up because everything costs twice as much. Inflation is a bad economy.

 

[10basscat]

If you gave everyone a 30% raise in a bad economy people would save it, like they did during covid. Because people feared job loss or didn`t have a job.

People saved during COVID…HA! That is the most ridiculous thing I’ve heard in a while! We must not have been living in the same country. People spent and bought like GANGBUSTERS!

 

[Mspider]

People saved during COVID…HA! That is the most ridiculous thing I’ve heard in a while! We must not have been living in the same country. People spent and bought like GANGBUSTERS!

A record amount of savings happen in 2021. People started to spend later on. Just giving you the facts. Not opinions.

 

[Mspider]

Spending is up because everything costs twice as much. Inflation is a bad economy.

Again it depends on how you define the economy. It depends on how you define a recession or depression.

 

[Mustang1987]

Again it depends on how you define the economy. It depends on how you define a recession or depression.

No, if inflation is terrible and not many have any purchasing power, it's a bad economy no matter how anyone defines it.

 

[10basscat]

A record amount of savings happen in 2021. People started to spend later on. Just giving you the facts. Not opinions.

All that graph confirms is people might have accumulated some savings for 9-12 months once COVID started because we were all basically locked down and nobody went anywhere or did anything! Then at the end of 2020 mortgage rates/interest rates dropped and like I said the people of this country spent and bought to their hearts content!

 

[Gregs24]

Spending is up because everything costs twice as much. Inflation is a bad economy.

It is way more complex than that.

The ideal is low and consistent inflation (around 2%). Less than that is bad (especially if it goes negative as it did in Japan), significantly more than that is also bad.

There are several measure of inflation, retail, consumer, business, specific business sectors etc.

There are then several factors that feed into those indexes.

It is easy enough to strip out inflation from spending to get real figures.

 

[MaddNomad]

Evidence ‘name’ doesn’t make the model.

With some of the logic people are using, this to them could mean doubling down.

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