Quote:
Originally Posted by Game
Can’t speak for other brands, but BMW EV’s are sitting on lots and dealers are desperate to give them away. All models.
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It’s not just BMW, it’s almost all EV makers. The only way they can sell them is to lower prices, leverage government rebates and tax credits, and additional dealer incentives! And Tesla’s margins are evaporating faster than a puddle of water on a hot Texas day. Even they are cranking up the incentives while also lowering prices.
On the flip side, what have we been seeing for the past 4yrs? Prices on most ICE vehicles increasing every year, sometimes multiple times per year! There is an obvious reason for such a contrast between the two different types of vehicles and that’s demand. The demand for ICE vehicles is not only dominant, but in the past few months, it’s been growing.