A New Car Will Cost You at Least $3,800 Extra Because of Government Regulation
Apr 1, 2016 09:41:03 #
Apr 1, 2016 10:12:03 #
JMHO wrote:
http://dailysignal.com/2016/03/28/a-new-car-will-cost-you-at-least-3800-extra-because-of-government-regulation/?utm_source=TDS_Email&utm_medium=email&utm_campaign=MorningBell&mkt_tok=3RkMMJWWfF9wsRonu6vBce%2FhmjTEU5z16uQoW6e1h4kz2EFye%2BLIHETpodcMTcRmN7nYDBceEJhqyQJxPr3NLtQN191pRhLiDA%3D%3D
...that's funny...because I know how much those components cost....the pricing is all on the OE's. They blame government regulation, but the fact is the consumer views those perks as worth the cost. When the downturn happened back in 2008. Ford Motor Company was selling fully loaded F150's for half their price...and they were still making money.
It is difficult to say if it $3800 because that's what they charge; doesn't mean that they aren't charging a 300 to 400% markup. A leather seat package can add $1500 dollars or more (3 row vehicle) and in reality it doesn't cost them half that.
Government regulation enhances margins...it's an excuse to charge more, pay for capital for new regulations and enhance customer loyalty.
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.