Trading Tesla Cybertruck: Electric Car Trends and Dealer Pricing Insights
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- By Dushyant
- (@dishs)
In this episode of Hoovies Garage, our host makes a bold move by trading in his 2024 Tesla Cybertruck for a Cadillac Lyric, citing his foresight in predicting the Cybertruck's steep depreciation. The Cybertruck, with its limited range and absence of full self-driving features, failed to meet expectations despite its hefty $102,000 price tag. As the Cybertruck remains unsold and its price drops below what our host traded it in for, it becomes evident that his decision to switch to the Cadillac Lyric was a wise one.
Meanwhile, the Cadillac Lyric appreciates in value, showcasing the stark contrast in depreciation between electric cars and traditional vehicles. The episode delves into the current state of dealerships, with a focus on Chevrolet's strong product position amidst high American car prices and surplus inventory. A visit to a Ford dealership reveals pricing issues, with exorbitant prices for F-150s and Raptors, scarcity of Maverick hybrids, and an abundance of unsold inventory.
The Stellantis brands face inventory challenges and pricing strategies that seem to deter buyers, particularly evident in the high prices of RAM trucks and Jeep Gladiators. The episode sheds light on the changes in the RAM lineup, the pricing of Jeep Grand Cherokees, and the comparison between Ford Bronco Sport and Hornet pricing. With a keen eye for automotive trends and market dynamics, Hoovies Garage provides a compelling narrative on the evolving landscape of the automotive industry, offering valuable insights for car enthusiasts and buyers alike.
Image copyright Youtube
Image copyright Youtube
Image copyright Youtube
Image copyright Youtube
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Viewer Reactions for They haven't been able to sell my Tesla Cybertruck, while the new car market continues to GO CRAZY!
People are commenting on the high prices of trucks and the current state of the economy
Some users are advising against buying back the truck
Mention of the microchip shortage affecting the car market
Comparison of car prices in different countries
Criticism of the design and price of the truck
Comment on the interior of modern cars being distracting
Some users support the decision to sell the truck
Mention of dealers/manufacturers treating buyers poorly during COVID
Reference to the high price of a stripped-down truck
Encouragement to finish the garage instead of buying the truck
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