roadpilot
Well-Known Member
Except it's not.Except it's what we are talking about. Cost and profits both influence the price. So, in the end we all give a crap what the cost of the Mustang is. I still say it's the main reason sales are low.
Mustangs are sports cars. They are cars that most people buy as a secondary or tertiary vehicle, and are not typically a daily driver family car. That's why the road is filled with SUVs and Camrys.
As such, when the economy is in the dump due to things like the last 4 years of failed fiscal and monetary policy that have driven the prices of everything up 20% to 200% or more, fewer families have the discretionary income to buy "fun" cars. Saddle that up with high interest rates, high fuel prices, high grocery prices, high health care costs, high home prices, and unknown job security, and you soon understand that "fun" cars get bought less often when familes are focusing on putting food on the table, day care costs, rent/mortgage payment, gas in the tank, health care costs, and wondering if they'll have a job.
So, no, even if Ford literally dropped the price of a $65K car by $10K (selling at a HUGE loss), there's not going to be a mad rush for Mustangs.
And for the record, Ford makes an average of about $2,600 EBIT per vehicle across all markets. In NA, they make about $3,600 per vehicle. Most of Ford's profits come from the trucks, not cars. They make very little on everything else. If you think they make massive profit on the Mustang, you are sorely mistaken.
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