Comment on Strikes against automakers spread to 38 locations in 20 states, Stellantis and GM are targeted

• Nemo@midwest.social ⁨2⁩ ⁨years⁩ ago

  She means, people are expecting this strike to impact the availability of new cars, which is making used ones more valuable.

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  • WindyRebel@lemmy.world ⁨2⁩ ⁨years⁩ ago

    Ding ding ding.

    Dealerships make money on used cars and parts/repairs. New cars are usually a loss for them

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    • Mdotaut801@lemmy.world ⁨2⁩ ⁨years⁩ ago

      No. The dealerships get kickbacks from the manufacturers and banks. They aren’t a loss lmao.

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      • WindyRebel@lemmy.world ⁨2⁩ ⁨years⁩ ago

        They get kick backs, but they don’t sell that high over MSRP and many people are much more savvy about cost of new/features thanks to Edmunds, Cars dot com, KBB, and dealer incentives to move inventory.

        If a dealership is making money on new, you’re not doing your work with car shopping. Most don’t make money from new.

        I mean, unless you know something I don’t? My brother in law was in sales for Chevy for a few years so that’s where I get my info from.

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  • Metanoia@lemmy.world ⁨2⁩ ⁨years⁩ ago

    There’s no way any effect move through the market this quickly.

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    • Nemo@midwest.social ⁨2⁩ ⁨years⁩ ago

      What do you mean “this quickly”? The strike has been coming for a long time.

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      • Metanoia@lemmy.world ⁨2⁩ ⁨years⁩ ago

        People don’t buy cars based on a strike that hasn’t happened yet.

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• luckyhunter@lemmy.world ⁨2⁩ ⁨years⁩ ago

  someone made them. and if new ones aren’t rolling off the line people will buy used ones.

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• BolexForSoup@kbin.social ⁨2⁩ ⁨years⁩ ago

  If there are fewer new cars, what are people going to buy...?

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