According to data released by the US Department of labor, the year-on-year inflation rate soared to 8.5% in March, a 40 year high. In this regard, Li Ming (a pseudonym), an engineer who has just raised his salary, finally feels more comfortable. Although his US stock investment is still in "blood loss", the wage increase has somehow caught up with inflation. But soon, this comfort was broken by the news of Tesla's successive price increases.
In April last year, Li Ming ordered a Tesla Model y with a long life with his friends, but Li Ming finally cancelled the order because he thought it was too troublesome to refit an electric pile and there was no shortage of cars at home at that time But I didn't expect that Tesla's car price has soared all the way in the past year, from $50000 he ordered at that time to $629900 recently, and the cumulative price increase has exceeded 25%
After returning the car last year, Li Ming rushed into US stocks with the car purchase money and invested in a number of science and technology growth stocks. Now a year has passed, Li Ming's tens of thousands of dollars have shrunk by about 20%, and his friends have successfully driven model y around at the price of $50000. His friend also told him that if he sold the model y, it might be much higher than the current price of 63000, because the market is in short supply and there are no cars available anywhere. He has to wait for at least half a year from placing an order to collecting the car.
Li Ming thought, "if you had known that Tesla's car rose like this, what stocks to invest in, it would be better to order more cars last year."
In fact, it is not just Tesla. Under the dual impact of inflation and supply chain, the prices of the whole North American auto market have been rising wildly in the past year. New and used cars, as long as they are cars, are being robbed.
When the price rises to "no one", wait for the car until your heart is broken
It must be admitted that among a number of automobile brands, Tesla has definitely won the most attention with its shocking price adjustment frequency and range, after all, it is the only one to adjust prices more than 10 times a year, or even rise three times a week** Remember three years ago, when model y was just released, what was the price? Starting at just over $39000. Not only model y, but also model 3 soared all the way, from less than $30000 after energy subsidies when it was launched in 2016 to the lowest $469900 today.
As of April 15, the U.S. selling prices of Tesla Model y and model 3. However, in addition to Tesla, which occupies the C position in the price increase range, other auto brands are actually quietly raising prices. There are many stories that consumers can't catch up with the increase and can't wait for their car.
In April last year, Wang Qing (a pseudonym), who had just found a job, was going to buy a 2021 Toyota Camry se to commute to work. At that time, the lowest quotation she found from the car store was in the early $25000, with a discount return of $1300 and a discount of 60 month loan 0 interest rate. However, she didn't start in a hurry because she didn't start until the end of July. But when she looked again in June, the price had become $26000, the discount was gone, the loan interest rate was not preferential, and it was as high as 4%. By the end of July, the salesperson told her that if she wanted to collect the car as soon as possible, the price needed to be increased to more than $30000.
In total, although she bought the same car, Wang Qing had to pay more than $6000 in just over two months The situation that was expected to ease in the second half of the year did not appear. Since July last year, the price of this car has remained high, and even thousands of price increases can not be bought.
"In the past, ordinary car sellers would give buyers some discounts or concessions. In the past, they would only add market adjustment fees to limited or special models. However, in the recent year, due to the small inventory of new cars, generally existing cars would be bought immediately, so it is difficult for buyers to enjoy any discount. If there is any new car that does not need to be bought at an increased price, it is very rare." A car salesman told silicon star.
According to Cox automotive, an automotive market research firm, in October 2019, buyers paid an average of about 4% lower than the recommended retail price. In February this year, the actual selling price of new cars in the United States was 2% higher than the manufacturer's recommended retail price. In addition, the average incentive measures for car sales also fell to a 20-year low.
For the automotive industry, the last year has been a good seller's market Under the problem of supply chain shortage and limited chip supply, many automobile manufacturers have given priority to producing large vehicles with higher profit margin rather than compact models with lower profit margin. Popular high cost-effective scooters such as Toyota Camry and Honda Civic are hard to find. Data show that the average price of new cars in December last year has risen to $47000. Consumers can't help posting roast. How come cars on the market have started at $50000 and can't afford to buy them.
The picture is cut from blind and the copyright belongs to the original author in addition to paying a higher price for a car, many consumers wait until the end of time to pick up the car** For example, if you want to order the basic models of Tesla's model 3 and model y without adding any upgrade configuration, you should at least be prepared to wait for a year. Even if you spend more money to add configuration, it will take almost half a year. In addition, the collection cycle of some popular models of other brands is at least more than half a year, or even three or four years.
It is reported that the delivery cycle of Mercedes Benz G-class off-road vehicles has recently been extended to about three years, and new orders have not been accepted since the beginning of this year Toyota also recently released an "apology" on the official website of Japan, saying that due to the popularity of the latest 2022 landkuluze in Japan and around the world, customers who book after January 19, 2022 may have a delivery time of up to four years
Wait four years? Maybe autonomous vehicle have become the mainstream.
According to the statistics of Cox antimotive on February 21 this year, the inventory of new cars in the United States has decreased by 60% compared with a year ago, only 1.1 million, while the inventory of electric vehicles and hybrid garages is only 25000. So if you want to buy a new car, either calm down and wait, or go crazy to increase the price.
"Recently, many friends around me will order several cars at the same time. It's really not good. It's OK to lose a deposit. I'm afraid I can't buy it. I ordered Toyota senna and Tesla Model y at the same time last November. Now Senna is still far away. Model y is going to be the end of this year. Anyway, which one comes first and which one comes first." An engineer who wanted to buy a new car told the silicon star man.
Crazy second-hand car market, small broken cars have also become a pastry
The lack of such new cars in the market, especially the lack of cost-effective practical models, has also directly led to the soaring price of used cars in North America. According to the Statistics website cargurus, as of March 22, the average purchase price of second-hand cars in the United States has exceeded 30000 US dollars, with an annual growth rate of 32%, 42% higher than the level before the epidemic in January 2019, which can be said to be a second kill of financial products**
Among many brands, the more low-cost and cost-effective cars, the greater the price increase. For example, Kia's used cars increased by an average of 48.83% in the past year, Honda by 40.66% and Toyota by 35.71%. In contrast, some high-end luxury car brands are relatively flat, with Bentley up only 15% and Ferrari up 7%.
The picture of price changes of used car models in the past year is taken from cargurus. From the perspective of models, Van & amp; minivan such as Honda Odyssey and Kia Carnival are the most popular in the market, with an increase of more than 45% in the past year, followed by hatchback with an increase of 41% and cars with an increase of more than 36%.
A netizen said that he was going to sell his Nissan Amanda SUV. He consulted some car dealers for the first time in March last year, and the highest quotation he received was $19000. Because his psychological price was 20000 at that time, he didn't sell it** Until July, the car dealers he had consulted called him one after another to ask if his car had been sold, and the highest quotation was 29000. In other words, he drove his car for less than half a year, depreciated more, and even increased by $10000**
Today, on the cars vehicle sales website, the second-hand 2021 Camry, which has driven 10000 miles, costs $31000. Remember the price of this new car in May last year we mentioned before? $25000 and a cash return of $1300.
The picture is taken from cars The same "good luck" also fell on friends who bought second-hand cars before the beginning of last year. Www. 68mn. Someone bought a BMW X3 for $25000 at the beginning of 2020 and drove it for two years with an extra 10000 miles. Recently, after hearing that the price of second-hand cars increased, he went up to Carmax and found that his car is now valued at $28000, so he drove it for free for two years and earned $3000.
The reasons for the soaring prices of new and used cars mainly come from two aspects: one is the shortage of automobile manufacturing supply chain, and the other is the price rise caused by inflation. Recently, it has been reported that even the price of Michelin tires will rise comprehensively in North America from April 1, with an increase of at least 5%.
So, will this difficult situation continue this year? According to the latest research of Cox automotive, as the supply is expected to remain tight in 2022, the annual new car production will be reduced by 3 million, so the high new car price will not be alleviated. But the good news is that after a year of market digestion, the previously super rising second-hand car prices seem to show a downward inflection point**
According to the Mannheim used car value index, which tracks the wholesale price of used cars purchased by U.S. car dealers for sale in real time, the U.S. used car index has fallen for two consecutive months after breaking the historical record in January this year Compared with the whole month of February, the wholesale price of used cars decreased by 3.3% in March. Except bread Outside the car, all major market segments have experienced a seasonally adjusted price decline, of which SUV has the largest decline
The index also said that the price of older used cars may stabilize, and the decline of relatively newer used cars may be greater. The average wholesale price of three-year-old used cars fell by 2.9% in January.
According to the Mannheim used car value index as of March 2022, on the whole, friends who want to buy new cars of popular brands may still be in a long waiting state in 2022. The price of used cars may not rise sharply as last year, but the supply of cost-effective used cars is still tight.
"No matter what kind of car he has, it's most important for people who just need it to buy a car and drive it within the budget." A car free person who has been watching the car market for a long time said.
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