To: rdcbn1
If you can shell out 400k for a car, another 10 - 20 percent probably won’t put you in the poor house.
3 posted on
02/03/2022 4:29:14 AM PST by
ex91B10
(Just because you can doesn't mean you should. )
To: ex91B10
If you have to worry about a price increase of Lambos or Ferraris, maybe a Ford dealership is where you really need to be heading to to buy a car.
To: ex91B10
This is true. It is also true that many of the people who buy Ferraris have to make a living. When everything costs 10-20% more, they have less discretionary income to spend and their spending habits are impacted by sticker shock. So the incomes of people who have business impacted by the tightening and sticker shock drop radically. Maybe even crash. Example - McDonalds has just raised the price of large fries to $4.75. The sticker shock causes you to cancel your order and stop buying the fries altogether. Gonna see a lot of contraction as people just stop buying discretionary items to concentrate on necessities
7 posted on
02/03/2022 4:39:49 AM PST by
rdcbn1
To: ex91B10
They’ll probably sell out with a sizable waiting list.
14 posted on
02/03/2022 5:38:01 AM PST by
avenir
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