Resale value

[erikrichard]

why is this thread in the NBS area?

I doubt resale value is a popular subject over there, and I don't want to ruffle feathers. We lose resale value on our older trucks, just on a much smaller scale.
I'm totally out of touch when it comes to buying new vehicles - actually never have been in touch. If a new Tahoe goes for $9k under msrp that means the dealer is losing $6k on that deal correct? or does that mean GM takes the loss? seriously, if these trucks are going for that much under msrp why is GM still offering them? I'm basing my opinions on a sale price between invoice and msrp, if that part of my equation is way off sorry I even started the thread.

 

[CEN2MENTAL95]

I doubt resale value is a popular subject over there, and I don't want to ruffle feathers. We lose resale value on our older trucks, just on a much smaller scale.
I'm totally out of touch when it comes to buying new vehicles - actually never have been in touch. If a new Tahoe goes for $9k under msrp that means the dealer is losing $6k on that deal correct? or does that mean GM takes the loss? seriously, if these trucks are going for that much under msrp why is GM still offering them? I'm basing my opinions on a sale price between invoice and msrp, if that part of my equation is way off sorry I even started the thread.

well I know for a fact that CHevy Volt costs GM $80k to make each vehicle and yet they sell for $40k or less....so right there thats 50% loss on ONE vehicle...multiply that by the thousands sold

 

[yates ™]

well I know for a fact that CHevy Volt costs GM $80k to make each vehicle and yet they sell for $40k or less....so right there thats 50% loss on ONE vehicle...multiply that by the thousands sold

Please post the facts as I find this hard to believe

 

[erikrichard]

http://www.reuters.com/article/2012/09/10/us-generalmotors-autos-volt-idUSBRE88904J20120910
I was aware of the Volt debacle, what I wasn't aware of was GM was losing money on (what used to be at least) bread/butter vehicles like Tahoes. Is that what's happening, new Tahoes are sellng for around 10 grand under msrp?

 

[yates ™]

I thought you meant to build each one it was $80k.

 

[CEN2MENTAL95]

I thought you meant to build each one it was $80k.

I guess reading isnt fundamental afterall..... It costs as much as $89k to produce ONE SINGLE volt (the article spells that out quite clearly)

 

[07Burb]

Isn't that counting in the development costs and not the actual labor and material costs per vehicle?

 

[CEN2MENTAL95]

Isn't that counting in the development costs and not the actual labor and material costs per vehicle?

well you could play the same game and say that the FIRST prius cost toyota $1 billion dollars...but they've sold over a million priuses so.......??

but broken down, that's what each Volt costs to build.....Damned if I could figure out how Chevy plans to ever recoupe that cash......Toyota already has....

 

[yates ™]

That includes development costs so maybe you should do research instead of making statements based off what you read in one article.
http://www.torquenews.com/1081/what-does-it-cost-make-chevy-volt

---------- Post added at 12:42 PM ---------- Previous post was at 12:38 PM ----------

well you could play the same game and say that the FIRST prius cost toyota $1 billion dollars...but they've sold over a million priuses so.......??

but broken down, that's what each Volt costs to build.....Damned if I could figure out how Chevy plans to ever recoupe that cash......Toyota already has....

That is exactly the same thing and if they sell more Volts then the costs go down same as on a Prius.

 

[CEN2MENTAL95]

yeah...development costs would be a major factor in calculating total cost....which is exactly my point.