ThreePedalPlow
Well-Known Member
- Joined
- Mar 7, 2023
- Threads
- 61
- Messages
- 552
- Reaction score
- 505
- Location
- Saint Louis
- Vehicle(s)
- 89 Mustang GT Vert , 2024 Mustang GT Vert
Yup and I'm starting to view my $1000 down as a sunken cost now aka costs that are typically not included in consideration when making future decisions. The future decision is if I'm going to accept a convertible in the fall and the answer is already no.The Ford CFO has to be pissed right now.
Added Costs for Ford due to holding so much inventory (feel free to add to my list)
- cost of borrowing due to lower cash flow for the company. (since they are losing their shirt on EV's)
- insuring the vehicles
- loss of sales due to higher interest rates
- loss of sales due to weather; winter will be coming soon enough
- securing the lots
- moving inventory around to holding areas
Not to mention, the higher payments for those who have orders as rates continue to rise
My possible conclusion:
- Maybe they are not 100% built and are awaiting a chip or software update.
Sponsored
thank you though this confirms it for me at least.