Approx. Number Of MY24 Ordered.

[JGG2]

It appears order banks are still open almost a month from the start date. Obviously lots of rollovers are in place from MY23 to MY24 but has anyone seen any initial numbers on the number of MY 24 orders?

Im sure those waiting on rollovers, price increase, interest rate increases, and long wait times have curbed some enthusiasm for new orders.

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[Ozarkbeard]

It appears order banks are still open almost a month from the start date. Obviously lots of rollovers are in place from MY23 to MY24 but has anyone seen any initial numbers on the number of MY 24 orders?

Im sure those waiting on rollovers, price increase, interest rate increases, and long wait times have curbed some enthusiasm for new orders.

I would say high interest rates, put in place to slow the hot economy, have taken a lot of potential new car buyers that cannot pay cash, out of the market for now. A lot of used car prices are dropping now, too, so people can't get as much for their trade in.

 

[Hot Runr Guy]

I would say high interest rates, put in place to slow the hot economy, have taken a lot of potential new car buyers that cannot pay cash, out of the market for now.

My first mortgage was 18%. We are nowhere near HIGH interest rates,,,,,,

HRG

 

[Jman79]

My first mortgage was 18%. We are nowhere near HIGH interest rates,,,,,,

HRG

Here is to hoping they keep going up!

As a person who saves and buys what I can actually pay for, it would be nice to have goods fall back to reality and my money to stop losing value.

Low interest loans are an awesome way to convince the general public to pay for overpriced goods. Couple that with pandemic fear and entitlement and we wind up... Yup, right here! Lol

 

[Clarkdonbran]

My first mortgage was 18%. We are nowhere near HIGH interest rates,,,,,,

HRG

That is credit card territory!

 

[Ozarkbeard]

That is credit card territory!

Yep!
I would never pay that high interest rate on anything.

 

[SR-71]

My first mortgage was 18%. We are nowhere near HIGH interest rates,,,,,,

HRG

I was right there with you at 17%, 1981 if memory serves correctly. But as real estate was/is a non-depreciating asset in general, I was able to re-fi the rate down a couple of times and ultimately came out well ahead when it was time to sell.

 

[Maverickman74]

Yep!
I would never pay that high interest rate on anything.

Don't ever be poor cuz that's what they pay.

 

[Ozarkbeard]

Don't ever be poor cuz that's what they pay.

It's one of many reasons some people are poor. Bad choices.

 

[lajlmt]

Here is to hoping they keep going up!

As a person who saves and buys what I can actually pay for, it would be nice to have goods fall back to reality and my money to stop losing value.

Low interest loans are an awesome way to convince the general public to pay for overpriced goods. Couple that with pandemic fear and entitlement and we wind up... Yup, right here! Lol

Don’t look at the stock market today!

 

[commadorebob]

To get back on the original topic: 40,000 is my guess. 21,000 rollovers plus another 19,000. I would suspect the hybrid numbers are near saturation and the EBs are mostly 4K and/or Fx4 or Tremor.

I would be surprised if the EB count is huge beyond the rollovers.

 

[Hardening2753]

Here is to hoping they keep going up!

As a person who saves and buys what I can actually pay for, it would be nice to have goods fall back to reality and my money to stop losing value.

Low interest loans are an awesome way to convince the general public to pay for overpriced goods. Couple that with pandemic fear and entitlement and we wind up... Yup, right here! Lol

I agree with entitlement. Many businesses took PPP loan, way more than people got, and they did not need it. They had plenty of work still but felt entitled and took the handout. Then raised prices and again people end up paying for greed

 

[Jman79]

I agree with entitlement. Many businesses took PPP loan, way more than people got, and they did not need it. They had plenty of work still but felt entitled and took the handout. Then raised prices and again people end up paying for greed

Definitely a factor. Entitlement can be many different things. In my head at the time of writing it was akin to being spoiled and immediate gratification.

Eg. Someone knows that paying 2x for that item at the super market they really like is crap and the company is just gouging. But... Since they got that awesome low interest loan, they're feeling like they don't need to mind $$$ too much. They're thinking "I really deserve this and want it so bad, I need it, so I'll just pay".

What they're not thinking about is that they just voted with their money. They voted for "yes please screw me!". Sadly too many people need to feel pain to see the real difference between a want and a need.

At least it looks like cars may be one of the first big ticket items to swing back!

Hoping the longer open order bank timing means I'll get MY24 order in an ok amount of time.

 

[Dfergys]

Here is to hoping they keep going up!

As a person who saves and buys what I can actually pay for, it would be nice to have goods fall back to reality and my money to stop losing value.

Low interest loans are an awesome way to convince the general public to pay for overpriced goods. Couple that with pandemic fear and entitlement and we wind up... Yup, right here! Lol

Yes we lived through high interest rates back in the early and middle 70's BUT my 15 month CD paid us almost 15%...so there are 2 sides to the interest rates.

 

[Jman79]

It appears order banks are still open almost a month from the start date. Obviously lots of rollovers are in place from MY23 to MY24 but has anyone seen any initial numbers on the number of MY 24 orders?

Im sure those waiting on rollovers, price increase, interest rate increases, and long wait times have curbed some enthusiasm for new orders.

We got a little side tracked. Just looping it back to the original ask here. Does anyone ever post the # of orders?

The info I've found on this forum has been awesome. Thanks to all who participate and provide those #s.

Would be nice to be able to look at the order count and do some projections comparing MY24 orders against production capacity.

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